- The primary objective of this partnership is to strengthen reliable credit access to a larger customer base.
- According to the agreement, IPPB will provide lead referral services to Mahindra Finance for loan categories related to commercial vehicles, passenger vehicles, tractors, and three-wheelers.
- It will also assist the existing Mahindra Finance customers with cash EMI deposit facilities at the post office.
- IPPB branches in the states of Maharashtra and Madhya Pradesh have been chosen for the scheme.
- Mahindra and Mahindra Financial Services Ltd. were established in 1991 with their headquarters in Mumbai, Maharashtra. The current President of the company is Ramesh Iyer.
Question:
Q.1 Mahindra and Mahindra Financial Services Ltd. joined hands with _________ to provide credit access to its customers.a. Indian Post Payments Bank
b. LIC
c. NABARD
d. SIDBI
