MMSFL partners with IPPB

Current Context: Mahindra and Mahindra Financial Services Limited announced a strategic partnership with India Post Payments Bank Limited.

• It is done to enhance its credit access to a larger customer base.
• Under this, IPPB will provide referral services to MMFSL.
• It will be provided for three-wheeler, tractor, and commercial vehicle loan categories.
• This is a pilot scheme.
• It will be initially launched in IPPB branches of Maharashtra and Madhya Pradesh.

Question:

Q.1 Which bank has partnered with MMFSL to enhance credit access to customers?
a. State Bank of India
b. India Post Payment Bank Ltd
c. Kotak Mahindra Bank
d. ICICI Bank