Tag: India Post

India Post Office to retail govt bonds

Posted by | May 27, 2002 | |

AFTER small savings instruments, mutual fund products and bonds, now post offices are set to retail the Government securities (G-secs) through its countrywide network.
The Department of Posts and the Reserve Bank of India (RBI) have cleared a proposal from a leading primary dealer, IDBI Capital Market Services Ltd (ICMS) to offer G-secs from the secondary market to investors, through the network of the postal department. Investors having a demat account can buy the Government securities of maturities ranging from one to 25 years from the post offices by investing a minimum of Rs10,000 or in multiples.

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Postal authorities introduce innovative services

Posted by | May 11, 2002 | |

The Senior Superintendent of Post Offices, Y. Upendra, said the postal authorities have introduced certain innovative services to provide full customer satisfaction.
The speed post, introduced several years ago, has now been oriented to ensure that customers, using web site, knew the status of articles and kept track of the despatch position.The highlights of the express parcel post, benefiting the business community and industrialists regularly sending articles by surface transport, would have standardised delivery norms. Insurance facility had also been introduced.

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India Post seeks high growth in Gulf

Posted by | Dec 26, 2001 | |

INDIA Post will focus on high growth areas like the parcels business and express mail services between India and the Gulf states and plans to shortly introduce its new money transfer service in the UAE, according to Mr B.N. Som, Director-General of India Post.

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India: Reciprocal services between post & telecom cease

Posted by | Sep 24, 2001 | |

Come
October 1, and the arrangement for free services on reciprocal basis
between the Department of Posts and the Department of Telecom, nay
Bharat Sanchar Nigam Ltd (BSNL), shall cease to exist. From then on, BSNL will have to pay the Department of Posts for all
services – such as collection of telephone bills, service money
orders, occupying space, etc – availed through the latter’s network
and infrastructure.

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