ForumIAS LATEST
- SFG FRC 2027 | Program starts from 15th Dec. 2026 | Admissions open for Tranche-1 Entrance Test till 25th Oct. 2026 Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 21st October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
Source: Click here
News: Department of Posts (DoP) and India Post Payments Bank(IPPB) has unveiled a new digital payment app ‘DakPay’.
Facts:
- DakPay: To facilitate easy digital transactions and other banking services through the trusted Postal (‘Dak’) network across the nation to cater to the financial needs(‘Pay’) of various sections of the society.
- Significance: The App is launched as part of its ongoing efforts to provide Digital Financial inclusion at the last mile across India.
Additional Facts:
- India Post Payments Bank(IPPB): It has been established in 2018;under the Department of Posts, Ministry of Communication with 100% equity owned by Government of India.
- Mandate: To remove barriers for the unbanked & underbanked and reach the last mile leveraging the Postal network.
