Current Affairs · Banking and Finance
In August 2025, India Post Payments Bank (IPPB) reported a significant milestone in profitability. Consider the following statements: 1. IPPB posted a net profit of ₹134 crore in FY 2025, its first profit since inception. 2. Its customer base crossed 12 crore, annual revenue exceeded ₹2,000 crore, with a CAGR of 60-70% during the last 2 years. 3. The bank's outreach depends only on urban post offices, limiting its rural reach. Which of the following statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2✓
- 2Only 3
- 3Only 2
- 4Both 2 and 3
Correct answer
Both 1 and 2
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