Post Bank of India

RBI may give payment bank licence to Post Department in August: Prasad

According to a source, Prasad has approved hybrid model suggested by Ernst & Young which prepared detailed project report on Post Bank of India (PBI).

Jun 27, 2015, 16:40 PM IST

DoP to seek Cabinet nod for 240 cr to set up Post Bank

The Department of Posts (DoP) will soon seek Cabinet approval for Rs 240 crore for setting up Post Bank of India.

Apr 12, 2015, 13:58 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