IPPB & Hindustan Zinc Partners to Offer Financial Inclusion Services in Rajasthan?
Banking & Finance
In a ground breaking alliance set to transform the financial landscape of rural Rajasthan, India Post Payments Bank (IPPB) & Hindustan Zinc Limited (HZL – a subsidiary of Vedanta Group) join forces to pioneer inclusive financial solutions. The collaboration will ensure in creating a lasting impact on the lives of community beneficiaries around Hindustan Zinc’s operational areas. The MoU between IPPB & HZL was signed by Shri Gursharan Rai Bansal – Chief Sales & Marketing Officer, IPPB and Shri Arun Misra – CEO, Hindustan Zinc.“Joining hands with Hindustan Zinc Ltd. To provide financial inclusion services to its beneficiaries will help IPPB foray into the domain of serving population benefitted by the Corporate Social Responsibility (CSR) activities by prominent corporates in India. This alliance with HZL marks a very important milestone for us to expand our ambit of doorstep banking service delivery to the unserved and underserved people in this country,” said Shri Gursharan Rai Bansal, Chief Sales & Marketing Officer, IPPB.
These services include helping people open bank accounts, providing access to pension plans, granting income-generating loans and offering long-term savings and investment options.
The MoU is aligned with IPPB’s commitment to providing best-in-class digital banking services to the unserved and underserved population of India.
i.IPPB also empowers over 3.5 lakh beneficiaries, including Self-Help Group (SHG) women, farmers, and youth to make them Individual Business Correspondents (BC)
About India Post Payments Bank Ltd (IPPB):
Chief Executive Officer(CEO) – Venkatram Jayanthy
Headquarters – New Delhi, Delhi, Established in – 2018
____________________________
