Question

    Which bank has tied up with India Post Payments Bank

    (IPPB) to offer its banking services to the unbanked and underserved segments in semi-urban and rural areas?
    A SBI Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C ICICI Bank Correct Answer Incorrect Answer
    D Canara Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    HDFC Bank has tied up with India Post Payments Bank (IPPB) to offer its banking services to the unbanked and underserved segments in semi-urban and rural areas. A memorandum of understanding was signed between HDFC Bank and IPPB to cater to the majority of over 4.7 crore customer base of IPPB.

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