ATMs For India Post?
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Gearing up for commercial banking operations, "We plan to roll out 3,000 ATM by FY18, of which 1,000 will be in the near future," Tewari said. The
The state-run India Post, which has one-and-a-half lakh post offices across the country, will make another effort to acquire
"We are waiting to see how the final guidelines fit in with the organisation. We have invested around Rs 5,000 crore in technology since 2012. Already 676 postal offices are connected through CBS. By March 2016, 25,000 offices will be on CBS (core banking solution)," said Kalpana Tewari, member (planning and technology), Department of Post.
India Post has long been trying to leverage its vast network of branches by offering banking services across the country, especially in villages, but didn’t succeed. When
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