India Post Enters Banking Vertical
As another initiative towards financial inclusion India Post has announced that it would be rolling out 150 branches of their core banking in the next two months.
As another initiative towards financial inclusion India Post has announced that it would be rolling out 150 branches of their core banking in the next two months.
In the third phase of the Project Arrow the Department of Post (DoP) would invest about INR 900 crore to upgrade and renovate 4,500 post offices in the next six months.
The Department of Posts, India has announced the introduction of electronic money transfer.
All the General Post Offices (GPOs) of Pakistan have been computerised, while PC-1 for automation of 12,000 post offices has been sent to the government for approval, a source in Pakistan said. Automation of the institution under a new initiative would provide latest and modern postal services to the customers.
Today, e-post is a reality all over India and a large share of the credit goes to Andhra Pradesh for pioneering it. The department of posts for the Andhra Pradesh circle has spearheaded the