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October 10, 2020

Meet the new MD & CEO of India Post Payment Bank - J Venkatramu

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The government has recently appointed J Venkatramu as the new Managing Director and Chief Executive Officer (MD&CEO) of India Post Payments Bank (IPPB). He is currently working as the Chief Digital Officer in Equitas Small Finance Bank.
Mr Venkataramu is going to replace Suresh Sethi who had served as founder MD and CEO of the payments banks till March. He will be in the position for 3 years  from the date of assumption of the charge of the post, or till the date of his superannuation, or until further orders, whichever is the earlier.

About India Post Payments Bank :
India Post Payments Bank is a centre-owned entity under the department of posts, with 100% government equity and is governed by the Reserve Bank of India (RBI). It was launched by Prime Minister Narendra Modi in September, 2018 to offer doorstep banking to customers, mainly in rural areas.

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