NEWS & ADVICE : SAVINGS ACCOUNTS
India Post pushes ahead with managing an account arrange notwithstanding restriction
By Vaibhav Aggarwal
Sep 24, 2013
Print    Email    RSS   

Notwithstanding solid resistance from the money service, the postal section has planned to approach the Union bureau one month from now looking for capital of up to Rs.1,900 crore for a proposed business bank, as per two individuals acquainted with the advancement. On Tuesday, an email was sent which is still unanswered to Rajiv Takru, the financial administrations secretary around the same time the story was written. The move is during the same tile when the administration gets ready to start another bank solely for ladies with an Rs.1, 000 crore capital base.

Out of the 26 contenders for managing an account licenses, the postal section, chose to hurry with the proposal to the bureau since it ought to persuade RBI that it has enough stores if for sure Post Bank is shortlisted, the official said.

Every rustic post office covers around 6,000 individuals on a normal and urban post work places covers around the range of 24,000 individuals each one, as per a 2011 gauge. In any case, Post Bank of India plans to open 300-400 extensions, every additionally administering a particular number of postal outlets.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #6
Carnival of Indian Personal Finance Blogs #4
12 point conduct checklist for bank and...
Carnival of Indian Personal Finance Blogs #3
PPF- How good an investment option!!


i hv to change my ph num
I need to check my balance in my S B account at SBM...
Sbi kiosk account no.35630875273. Please show last6...
Hi sir/madem kya mujhe marksheet par loan mil sakta...
balance check
account details

NEWS THIS WEEK
HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive