HDFC Bank has signed an MoU with India Post Payments Bank (IPPB) to offer banking services to over 4.7 crore customers of IPPB in semi-urban and rural areas. Under the MoU, out of 4.7 crores, customers around 90 per cent reside in rural areas. The HDFC bank aims to boost its financial inclusion drive by leveraging IPPB’s network of 650 branches and over 136,000 banking access points.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This alliance will allow IPPB to provide affordable and diversified offerings to its customers through its doorstep banking service. This alliance will allow us to take our best-in-class products and services to millions of IPPB customers in the remotest corners of India.
Important takeaways for all competitive exams:
The Reserve Bank of India (RBI) has cancelled the banking licence of the Paytm Payments…
Today, the internet is an important part of our daily life. We use it to…
Dabur has appointed Mr. Herjit S Bhalla as the Chief Executive Officer (CEO) of Its…
Brazil has overtaken India as the leading exporter of the corn (maize) to Bangladesh. This…
Aligarh is a well-known city in Uttar Pradesh. It is popularly called the "City of…
The recent satellite based global study has revealed that the landfill sites in the Secunderabad…