HDFC Bank ties up with IPPB to deliver banking services in semi-urban, rural areas.

Tags: Economics/Business

• HDFC Bank has tied up with India Post Payments Bank (IPPB) to offer its banking services to the unbanked and underserved segments in semi-urban and rural areas.
• The financial products of HDFC bank will now be offered to the customers of the IPPB, majority of whom live in rural areas where HDFC is not present.

HDFC Bank 

• HDFC Bank is the largest private sector bank and second largest bank in India after SBI.
• The Headquarters of HDFC Bank is Mumbai .

IPPB

• India Post Payment bank was set up by the Government of India as a payment bank and it started its operation by setting up a branch in Ranchi and Raipur on 30 January 2017.
• The headquarters of the Bank is in New Delhi .