IPPB and Hindustan Zinc Collaborate to Enhance Financial Inclusion in Rural Rajasthan
| Aspect | Details |
|---|---|
| Event | India Post Payments Bank (IPPB) and Hindustan Zinc Limited (HZL) signed an MoU to enhance financial inclusion in rural Rajasthan. |
| Objective | Provide financial services to 3.5 Lakhs+ beneficiaries, including SHG women, farmers, and youth. Key goals include easy access to bank accounts, pension products, savings, and investment schemes. |
| Key Services | - Opening bank accounts, pension products, savings, and investment schemes. - Empowering beneficiaries as Individual Business Correspondents. - Promoting government social welfare schemes. |
| Key Figures | - Mr. Gursharan Rai Bansal (IPPB): Emphasized serving CSR beneficiaries. - Mr. Arun Misra (HZL): Highlighted commitment to community empowerment and financial inclusion. |
| Commitment | - IPPB: Commitment to last-mile delivery of digital banking services. - HZL: Dedication to social responsibility and sustainable development in Rajasthan. |
| About IPPB | - Established under the Department of Posts, Ministry of Communication. - 100% equity owned by the Government of India. - Launched on September 1, 2018. |
| About Hindustan Zinc | - Vedanta Group company in Zinc-Lead and Silver business. - World's 2nd largest integrated Zinc producer and 5th largest Silver producer. - Governs ~80% of India's Zinc market, HQ in Udaipur. |