Muthoot Finance, the flagship company of Muthoot Group has tied up with Global IME Bank to expand its money remittance services between Indo Nepal Corridor. Muthoot Finance based in

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Telangana
B	Andhra Pradesh
C	Karnataka
D	Kerala

Explanation:

Detailed explanation-1: -Muthoot FinCorp Ltd has tied up with IME India Pvt Ltd (erstwhile IME Forex India) to expand its money remittance services between Indo-Nepal corridor. Muthoot FinCorp has been assisting the Nepali community in India in remitting money through their existing partner – Prabhu Money Transfer Pvt Ltd.

Detailed explanation-2: -Nepali migrants can now transfer money instantly from 3600+ branches of Muthoot FinCorp Ltd, to their families in Nepal without opening any bank account in India. IDFC First Bank, India and Global IME Bank Ltd., Nepal are the banking partners to facilitate Indo-Nepal remittance service.

Detailed explanation-3: -IME India allows transfer of funds domestically i.e. within India and also Indo-Nepal transfer in a safest manner possible.

Detailed explanation-4: -Muthoot Finance offers an online domestic money transfer (DMT) facility that enables our customers to transfer funds to any bank account within India. It is a 24*7 online service that comes in handy for customers seeking emergency financial help or sending funds to someone who is in need of urgent cash.

Detailed explanation-5: -International Money Express (IME)

There is 1 question to complete.