2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kanpur
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Mumbai
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Ahmedabad
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Raipur
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Detailed explanation-1: -India Post Payments Bank (IPPB) on Monday kicked off its operations by rolling out pilot services in Raipur and Ranchi. The bank will offer an interest rate of 4.5% on deposits up to ₹25, 000; 5% on deposits of ₹25, 000-50, 000 and 5.5% on ₹50, 000-1, 00, 000, its Chief Executive Officer A.P. Singh said.
Detailed explanation-2: -With this partnership, HDFC Bank aims to further strengthen its financial inclusion drive by leveraging the robust and extensive distribution network of IPPBs 650 branches and over 136, 000 banking access points across India.
Detailed explanation-3: -IPPB has expanded its strength across India covering post offices, through a network of 650 IPPB branches/controlling offices, working on a hub and spoke model.
Detailed explanation-4: -Write to Us at. India Post Payments Bank Ltd., Corporate Office, 2nd Floor, Speed Post Centre, Bhai Veer Singh Marg, Market Road, New Delhi-110001.