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Friday, December 9, 2011

Conversion of Post Offices into Banks

Conversion of Post Offices into Banks Shri Sachin Pilot, the Minister of State for Communications and Information Technology informed Rajya Sabha today in a written reply that the Department of Posts has a proposal to look into the feasibility of setting up a post bank to provide full fledged banking facilities to the rural as well as urban masses in the country, which is still at a conceptual state. The reply further informed that 12,202 Department Post Offices have been provided with internet connectivity.
Source : PIB Release, December 9, 2011

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