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 .

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