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India’s Post Bank gets March 2017 green light

India Post plans to offer banking services by March 2017

India’s Post Bank is to begin processing payments in March 2017, according to the government’s communications minister. The move is part of long-standing plans to use India’s Post Office network to spread financial inclusion in the world’s largest democratic nation.

Indian post office plans banking expansion

India Post plans to offer banking services in Delhi by March

India’s state-run post office the Department of Posts is planning to launch core banking services in the Indian capital city Delhi, as part of a major drive to become a banking services provider in the country.