Disclosures under section 4(b) of the Right to Information Act,2005


Relevant Section of RTI Act, 2005

Details to be provided



The particulars of organization functions and duties

INDIA POST PAYMENTS BANK LIMITED, a public limited company wholly owned by the Government of India through Department of Post under Ministry of Communication and set up under the Companies Act, 2013, and the Banking Regulation Act, 1949 as a Payments Bank under the Department of Posts and in line with relevant guidelines of the Reserve Bank of India, having its Registered & Corporate Office at 2nd floor, Speed Post Centre, Market Road, New Delhi – 110001.


The powers and duties of its officers and employees

All the officers from JMGS I to TEGS VI grade of the bank, working in Corporate Office /Circle Office/Branches have certain financial and administrative powers depending upon their positions. The Board decides the delegation of such powers of various grades of officials. These powers are revised periodically, depending upon the organization’s requirement and also Government / RBI guidelines. Bank being commercial organisation powers and duties vary according to the placement of officers/employees, grade/scale, post held , job assigned and need of organization; in order to achieve business goal and securing satisfactory quality customer service.


The procedure followed in the decision making process, including channels of supervision and accountability.

There is a well defined system in the Bank regarding decision making process. Financial and administrative decisions are taken at various levels depending upon the positions as per the powers delegated by the Board.

There is a well defined organizational structure and clear system of accountability. The system of exercising proper delegation of power and submission of control reports is in place and they are monitored by control officers and through internal inspection.


The norms set by the Bank for the discharge of its functions.

The Bank discharge its function by the norms & directions received from respective Ministry, Government of India, Reserve Bank of India and /or approved by the Board of our Bank from time to time.


The rules, regulations, instructions, manuals and records, held by the Bank or under its control or used by its employees for discharging its functions.

There are quite a number of documents like circulars, scheme of delegation of powers, proceedings of the board etc. And also the periodical circulars, used by the employees for discharging various functions.(These are all meant for internal circulation and cannot be shared with public)


A statement of the categories of documents that are held by the Bank or under its control.

Documents, as required under law, rules and regulations, such as, Balance Sheets, record of the staff, licenses obtained from RBI / other competent authorities for opening branches / offices etc., are held by the Bank.

Documents executed by customers, contracts with Third parties / etc.( These are all private information and of commercial value and cannot be shared with public).


The particulars of any arrangement that exists for consultation with, or representation by, the members of the public in relation to the formulation of its policy or implementation thereof.

As per present arrangement the Shareholders can raise issues concerning policies and in the Annual General Meetings which can relate to the policy of the Bank.

Bank's quarterly results and annual results / reports are published periodically for information of public as well as shareholders which would give an idea about the policies of the bank and implementation thereof.


A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public

The Bank has following Sub Committees of the Board

Audit Committee of the Board (ACB)
Stakeholders' Relationship Committee
Customer Service Committee
Risk management Committee of the Board
Nomination & Remuneration Committee
IT Steering Committee of the Board
 HR Steering Committee of the Board

The Public are not entitled to participate on the above Committee meetings and minutes are not accessible to public.


A directory of its officers and employees.


Please click the file below





The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations


Please click the file below


Monthly remuneration paid to the Officers of the Bank.pdf



The budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made.

Not applicable to IPPB


The manner of execution of subsidy programmes including the amounts allocated and the details of beneficiaries of such programmes.

Not applicable to IPPB


Particulars of recipients of concession, permits or authorizations granted by it.

Not applicable to IPPB


Details in respect of the information available to or held by it, reduced in an electronic form.

All the general information regarding details of products and services offered by the Bank are made  are already available in the bank's website.


The particulars of facilities available to citizens for obtaining information including the working hours of a library or reading room, if maintained for public use.

India Post Payments Bank Limited is not maintaining any Library/Reading Room for Public.


The names, designations and other particulars of the public Information officers

The details of Central Public Information Officers & First Appellate Authorities along with their Name, Designation, Office Address, Telephone number, e-mail Id are published in Bank’s website