CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mahindra & Mahindra Financial Services has partnered with which payment bank to further enhance credit access to a larger customer base?
A
Jio Payments Bank
B
Airtel Payments Bank
C
India Post Payments Bank
D
Paytm Payments Bank
Explanation: 

Detailed explanation-1: -Mumbai: Mahindra and Mahindra Financial Services Ltd on Tuesday announced a strategic partnership with India Post Payments Bank to enhance credit access to a larger customer base.

Detailed explanation-2: -India Post Payments Bank (IPPB) and Mahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Ltd, today announced a strategic partnership for cash management solutions.

Detailed explanation-3: -Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited.

Detailed explanation-4: -View 15 reports from 8 analysts offering long term price targets for Mahindra & Mahindra Financial Services Ltd.. Mahindra & Mahindra Financial Services Ltd. has an average target of 392.50. The consensus estimate represents an upside of 61.12% from the last price of 243.60.

Detailed explanation-5: -MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED’s Corporate Identification Number (CIN) is L65921MH1991PLC059642. You can contact them by sending an email to pardiwala.arnavazmahindra.com or visit them at their registered address GATEWAY BUILDING, APOLLO BUNDER, . MUMBAI MH IN 400001.

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