India Post hands $126m financial IT contract to Infosys
India Post has selected technology and consulting firm Infosys for a major contract to upgrade financial service infrastructure in 150,000 post offices across the country.
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India Post to set up 1,000 ATMs by 2014
The Department of Posts will be setting up about 1,000 ATMs in different parts of the country by 2014, according to Ms Manjula Prasher, Secretary, Department of Posts, Government of India.
Read MoreNon-traditional services filling in for letters in postal revenues
The Universal Postal Service has said its latest research shows that for the world’s postal operators, non-traditional services are “quickly filling the gap” in revenues as letter volumes slide.
Read MoreIndia Post seeking assistance in Post Bank project
India Post is seeking a consultancy to assist it in setting up a new Post Bank of India to provide banking services with a particular focus on rural areas.
Read MoreIndia Post plans to set up 1,000 ATMs across six states
The Department of Post (DoP) in India is planning to set up 1,000 automated teller machines (ATMs) across six states -Assam, Uttar Pradesh, Rajasthan, Maharashtra, Karnataka and Tamil Nadu – under its ongoing modernisation plan, according to a top official.
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