Which of the following statements about the India Post Payment Bank (IPPB) is/are correct?
1. India Post Payment Bank (IPPB) was established under the Department of Posts, Ministry of Communication.
2. The Government of India holds 100% equity in IPPB.
Select the correct option using the code given below:
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2