India Post

India Post to soon deliver Gangajal at doorsteps, says Ravi Shankar Prasad

“I used to get several requests that with this vast network of post can we get Ganga water?” Communications Minister Ravi Shankar Prasad said.  

May 30, 2016, 18:21 PM IST

India Post payments bank will be functional by March 2017: Ravi Shankar Prasad

India Post's payments bank will start functioning from March 2017 and serve as a wider platform to implement financial inclusion programmes, IT & Communications Minister Ravi Shankar Prasad said Sunday.

May 22, 2016, 17:40 PM IST

India Post's network value rocks! Over 60 financial giants woo for partnership

Zee Media Bureau

New Delhi: India Post's modernisation drive has already started paying it off in terms of upping its brand value.

Apr 04, 2016, 10:46 AM IST

PIB likely to approve India Post's payments bank proposal

The Public Investment Board (PIB) on Tuesday discussed the Rs 800-crore proposal from the India Post for setting up a payments bank and the final approval on the same is expected in the next meeting.

 

Jan 19, 2016, 20:19 PM IST

Postal Dept's payment bank to start from March 2017

India Post will launch its payment bank by March 2017, Telecom Minister Ravi Shankar Prasad said Monday.

Dec 28, 2015, 20:25 PM IST

Telecom Ministry puts BSNL, MTNL on notice over service quality

The Telecom Ministry has issued notices to state-owned BSNL, MTNL and India Posts after Union Minister Ravi Shankar Prasad personally took note of citizen complaints over service quality on social media since July.

Nov 22, 2015, 14:21 PM IST

India Post says open to partnerships for payments bank

Having secured RBI's nod to set up a payments bank, the Department of Posts has said it is open for partnership in this new venture and is in talks with some telecom companies.

Aug 20, 2015, 12:16 PM IST

India Post to issue 5 lakh new debit cards in next 2 months

The Department of Posts (DoP) started issuing the cards from last year and so far, it has reached close to 10,000.

Jun 14, 2015, 14:34 PM IST

Govt may take Post Bank public after establishing it

Government is mulling to take the proposed Post Bank of India public or gradually increase public participation to raise funds after converting the vast post office network into a commercial bank.

Jan 20, 2015, 18:46 PM IST

Govt mulls legislative route for setting up Postal Bank

The 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.

Jan 11, 2015, 16:38 PM IST

PM Modi to review India Post Task Force report today

Prime Minister Naredra Modi will on Wednesday meet Telecom Minister Ravi Shankar Prasad to review report of the India Post Task Force that was set up to suggest ways for turning around the world's largest postal network.

Jan 07, 2015, 06:10 AM IST

Snapdeal, India Post partner to bring weavers online

Online marketplace Snapdeal has partnered India Post to jointly work on bringing thousands of weavers and artisans from Varanasi through its website.

Dec 25, 2014, 12:25 PM IST

India Post collects over Rs 280cr via CoD for e-commerce firms

Within a year of joining the e-commerce bandwagon as a distribution channel, government entity India Post has transacted business worth Rs 280 crore in the Cash-on-Delivery (CoD) segment alone for firms like Flipkart, Snapdeal and Amazon.

Nov 30, 2014, 18:22 PM IST

'Telecom firms ideal candidates to set up payment banks'

Crisil Research said that in five years, payment banks would account for a minuscule 0.5 percent of the low-cost CASA deposit base of the industry.

Nov 28, 2014, 21:51 PM IST

India Post Task Force finalises report; to meet Prasad

With the world's largest postal network, India Post has about 1.55 lakh post offices spread across the country. On an average, a post office serves an area of 21.21 sq km and a population of 7,175 people.

Nov 23, 2014, 14:54 PM IST

India Post working on model to connect artisan with eComm

India Post, which has world's largest postal network of 1.55 lakh post offices, has seen multifold rise in business since the time it entered in partnership with e-commerce companies.

Nov 21, 2014, 19:17 PM IST

India Post to enter e-com, Bengal circle approaches Industrial bodies

India Post has already written to the Bengal Chambers of Commerce requesting it to arrange for an interaction between the Postal officials and local traders, official sources said.

Nov 14, 2014, 11:37 AM IST

India Post says keen to become a universal bank

India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said Thursday.

Nov 13, 2014, 18:50 PM IST

India Post to launch new stamps; highlights medical tourism

The Department of Posts (DoP) will on Tuesday release a commemorative postage stamp on liver transplantation in India, an official statement said.

Nov 03, 2014, 21:05 PM IST

India Post best suited for e-commerce delivery services: Govt

Communication and IT Minister Ravi Shankar Prasad Thursday said India Post with the world's largest postal network is best suited to offer delivery services to e-commerce firms.

Sep 04, 2014, 23:03 PM IST