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:
Find More News Related to Agreements
The Group of Seven, or G7, is a group of seven rich and powerful countries…
Ashwani Lohani, former Chairman and Managing Director of Air India and ex-Chairman of the Railway…
June 5 marks the International Day for the Fight against Illegal, Unreported and Unregulated (IUU)…
On April 9, 2025, the Reserve Bank of India (RBI) released draft guidelines on loans…
As part of the Government of India’s Swachh Bharat Mission, the Department of Biotechnology (DBT)…
In a significant development for India’s global administrative leadership, India has been elected to the…
![](data:image/svg+xml;charset=utf-8,<svg height="200px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
