- They have partnered to boost a strategic partnership for cash management solution.
- Under this partnership, IPPB will offer cash management and collection services to MRHFL through its access points and postal service providers.
- Therefore, because of the cash management service, the customers of MRHFL will be able to repay their monthly or quarterly loan instalments at over 136,000 post offices.
- Static Part:
- HQ of MRHFL: Mumbai
- HQ of IPPB: New Delhi
- Tagline of IPPB: Aapka Bank, Aapke Dwaar
- MD and CEO of IPPB: J Venkatramu
Question:
Q.1 With whom has Mahindra Rural Housing Finance Limited (MRHFL) partnered for a cash management solution?
a. Axis Bank
b. Paytm
c. Indian Post Payment Bank
d. Karnataka Bank
a. Axis Bank
b. Paytm
c. Indian Post Payment Bank
d. Karnataka Bank