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Postal savings system
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===India=== {{Further | India Post#Postal savings}} {{Further | India Post Payments Bank}} [[India post|India Post]] has provided an avenue for managing savings to the people living in rural or the urban poor, underserved by the formal banking system, since 1882 when Post Office Savings Bank was established.<ref>{{cite web| url=https://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=53| title=History of Saving in Government Saving in India| access-date=25 July 2022| archive-date=11 August 2022| archive-url=https://web.archive.org/web/20220811045947/https://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=53| url-status=live}}</ref><ref>{{cite news|url=https://timesofindia.indiatimes.com/city/kanpur/from-annas-to-millions-post-office-savings-bank-has-come-a-long-way/articleshow/5107277.cms|title=From annas to millions, Post Office Savings Bank has come a long way|access-date=25 July 2022|archive-date=25 July 2022|archive-url=https://web.archive.org/web/20220725182210/https://timesofindia.indiatimes.com/city/kanpur/from-annas-to-millions-post-office-savings-bank-has-come-a-long-way/articleshow/5107277.cms|url-status=live}}</ref> Over time, the scope of financial services provided by India Post grew to include other [[National Savings Schemes]] promoted by Government of India. In 2018, [[India Post Payments Bank]] (IPPB) was launched as a regulated bank to provide a full set of banking services, as specialised division of India Post. As of January 2022, the bank was serving around 50 million customers.<ref>{{cite news|url=https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1790686|title=India Post Payments Bank's customer base crosses 5 Crore Mark|access-date=25 July 2022|archive-date=25 July 2022|archive-url=https://web.archive.org/web/20220725180708/https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1790686|url-status=live}}</ref>
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