For the best experience use inshorts app on your smartphone
HDFC Bank partners with India Post Payments Bank for rural reach
short by Ashley Paul / on Monday, 27 December, 2021
India Post Payments Bank (IPPB) has signed a memorandum of understanding with HDFC Bank to provide banking services in semi-urban and rural areas, primarily focussing on unbanked and underserved segments. This partnership is reportedly expected to benefit over 4.7 crore IPPB customers, of which 90% reside in rural areas. HDFC aims to strengthen its financial inclusion drive with this partnership.
read more at Free Press Journal