2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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HDFC
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SBI
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RBI
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Detailed explanation-1: -HDFC Bank said the strategic alliance will enable IPPB to provide affordable and diversified offerings, including access to finance, to its customers through its innovative Doorstep Banking Service.
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: -India Post Payments Bank (IPPB) was launched under the Department of Posts, Ministry of Communications, Government of India. Its 100 percent ownership is with the Government of India. Hon’ble Prime Minister shri Narendra Modi launched IPPB on 1st September, 2018.
Detailed explanation-4: -IPPB was launched by the Prime Minister Shri Narendra Modi on September 1, 2018. The bank has been set up with the vision to build the most accessible, affordable and trusted bank for the common man in India.
Detailed explanation-5: -IPPB uses DoP’s giant network of 189,000 GDS to deliver financial products and services at the convenience of the customers’ doorstep. Further, the trusted network of GDS offers handholding support to customers to bring low- and moderate-income (LMI) people into the fold of digital payments.