India Post

Eyeing banking, India Post to have 25K branches on CBS by FY16

India Post, which has failed to make the cut during the latest round of bank licensing, Tuesday said it is still hopeful of converting itself into a post bank and the first step towards this will see 25,000 of its outlets on the core banking platform by FY16.

Aug 26, 2014, 22:52 PM IST

India Post's banking application: RBI lobs ball in govt's court

Reserve Bank Deputy Governor R Gandhi Wednesday said the Union government has to take a final call on application for banking licence by the India Post, which has a network of over 1.5 lakh post offices countrywide.

Aug 20, 2014, 23:23 PM IST