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Who has partnered with IME India Pvt Ltd to expand its money remittance services between Indo-Nepal corridor?
Shriram City Union Finance Ltd.
Muthoot FinCorp Ltd
Manappuram Finance Limited
Mahindra and Mahindra Financial Services Limited

Correct Answer : Option (B) - Muthoot FinCorp Ltd

Muthoot FinCorp Ltd has tied up with IME India Pvt Ltd (erstwhile IME Forex India) to expand its money remittance services between Indo-Nepal corridor.
Muthoot FinCorp has been assisting the Nepali community in India in remitting money through their existing partner – Prabhu Money Transfer Pvt Ltd.
The new tie up with IME India, Muthoot FinCorp will be able to serve a larger mass of Nepalese diaspora living in India and is looking forward to creating a larger ecosystem with quick and reliable service.
Nepali migrants can now transfer money instantly from 3,600-plus branches of Muthoot FinCorp to their families in Nepal without opening any bank account in India..

Source : The Hindu Businessline

Published On : September 2, 2022
Category : Insurance and Finance