Mahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Ltd, and India Post Payments Bank (IPPB) have tied up a strategic partnership for a cash management solution. As part of the tie-up, IPPB will be offering cash management and collection services to MRHFL through its access points and postal service providers.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Mahindra Rural Housing Finance said in a statement, adding that with the cash management service, its customers will be able to repay their monthly or quarterly loan instalments at over 1.36 lakh post offices. Cash management being the lifeline of business operations, IPPB with its robust network and technology platform can help corporates to manage their receivables safely, securely and seamlessly.
Important takeaways for all competitive exams:
India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…
The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…
The ocean is full of amazing and mysterious creatures, many of which are rarely seen…
Russian President Vladimir Putin’s 2025 state visit to India marked a major diplomatic milestone, reviving…
In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…