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Latest News on Postal Department
Showing of 0 - 10 from 11 results
Postal Department - Total results - 11
Jan 30, 2019
Postal dept to spin off life insurance business into separate unit, says communications minister Manoj SinhaThe postal department plans to spin off the postal life insurance and rural postal life insurance operations into a separate business unit (SBU) for which it has moved a Cabinet note, Communications Minister Manoj Sinha said on Wednesday
Aug 31, 2018
Narendra Modi to launch India Post Payments Bank tomorrow; IPPB to leverage reach of 1.55 lakh post office branchesPrime Minister Narendra Modi will on Saturday launch the India Post Payments Bank (IPPB) that seeks to leverage the expansive network of the postal department to ensure financial inclusion for the masses
Mar 17, 2017
Rs 50 minimum balance, no transaction fees: Can India Post be the answer to banks’ greed?The prevailing situation in the sector offers a major opportunity for the postal department. It should quickly ramp up its infrastructure and set up a technology platform to take on the biggies
Jul 30, 2015
Indian Post sets up dedicated e-commerce processing center in MumbaiWith e-commerce platforms increasingly turning to the Indian Posts to deliver their orders to customers, the fast flourishing e-retail business has become a revenue generator for the state-run agency, whose traditional operations are dented by the deep penetration of e-mail and mobile phones.
May 21, 2015
Post Bank of India may be dream as yet, but “imposters” wouldn’t waitWhen contacted, a senior official of the postal department too denied any connection with the website/blog
Jan 11, 2015
Government may take up ordinance route to set up Postal BankThe government is looking at taking the legislative route, by next month, to finalise the setting up of Postal Bank of India and will soon approach RBI to consider the postal department's application for banking licence.
Dec 28, 2014
Axis Bank in talks to partner with a Payments BankArray
Dec 09, 2014
Post Bank should be for poor; we don't want one more to feed corporate-political greedGiving large value corporate loans shouldn't be the focus of PBI for its own good
Nov 30, 2014
Etail boom: India Post cashed in Rs 280 cr in a year from services to Flipkart et alIndia Post is best suited to offer delivery services to e-commerce players, given its wide reach across rural, urban and semi-urban areas.
Nov 28, 2014
New RBI guidelines: India Post's long wait to become a bank may be finally overThe final guidelines on differentiated banks, spelled out by the RBI has paved the way for India post to fulfill its long-cherished dream of wearing the hat of a banker.