• World
  • Politics
  • Business
  • Opinion
  • Tech
  • Lifestyle
  • Culture
  • Sports
  • Magazine

SouLSteer

- SouLSteer Magazine

HomeGeneralPost Bank of India to change the banking sector of India

Post Bank of India to change the banking sector of India

May 1, 2015, 10:50 pm | The Superman
  • Tweet
  • Print
Heartbeat

Post Bank of India to change the banking sector of India

Ravi Shankar Prasad, Minister of Communications & Information Technology, chaired a review meeting on the issues relating to setting up of Post Bank, Mail delivery, and e-Commerce, at Dak Bhawan, New Delhi, on 01 May 2015.

The Minister emphasized that with a vast network of Post Offices at its disposal, the proposed Post Bank should become a game-changer in Indian banking sector. The Post Bank should become a local agency for the recently announced MUDRA Bank. Also, the Post Bank accounts should be Aadhar seeded so that various Government schemes for Direct Benefit Transfer could be rolled out through the Post Bank. For the best kyc procedures, people can check out here!

In order to improve the visibility of rural Branch Post Offices, the Minister directed the Department to install large Signage Boards for rural Post Offices within a span of 6 months. The Minister also announced his intention to pay a surprise visit to a Branch Post Office in NCR in the coming weeks.

While reviewing the performance of the Department in the field of e-Commerce parcel delivery, the Minister appreciated the growth of more than 36% in parcel revenue in the last one year. The Department has collected more than Rs. 500 crores for COD articles of major e-Commerce players such as Amazon, Flipkart, Snapdeal, Yepme, Naaptol, etc., in 2014-15.

The Minister stated that the Department should step up its efforts to ramp up its capabilities to book, process, transmit & deliver e-Commerce articles. By doing so, the Department can easily become a market leader in domestic e-Commerce delivery segment. The Minister directed senior officers in Postal Circles to have one-to-one meeting with e-Commerce players operating in their areas to obtain their feedback about the services & undertake immediate remedial action wherever required.

The Minister took keen interest in reviewing the Online KPIs for mail delivery performance. Whereas he appreciated the performance of Speed Post & Registered Mail delivery, the Minister expressed his concern at the complaints received for delay in mail delivery. Kavery Banerjee, Secretary, Department of Posts, highlighted that the incidence of complaints in Speed Post was 1:10,000 and that owing to its reach, track & trace & delivery performance, Speed Post was the market leader in domestic express sector. The Secretary (Posts), however, assured the Minister that the Department has initiated several steps to further improve mails delivery through development of road transport network, nodal mechanized delivery in larger cities, and use of IT solution for monitoring Letter Box clearance.

The Minister asked for a report on action taken by the Department against erring delivery staff in the last 6 months.

  • Tweet
  • Print

Boxtag:E-commerce in India Government of India India Posts Mail Ministry of Communications and Information Technology Ravi Shankar Prasad

« Previous PostInternational Labour Day: What all Indian Government has done
Next Post »2015 Nepal earthquake: 43.5 tons of food items transported by Indian Air Force

Your Point of View Cancel reply

You must be logged in to post a comment.

Related Articles

  • Accelerating the economy, India Posts opens e-commerce centre at New DelhiAccelerating the economy, India Posts opens e-commerce centre at New Delhi
  • India is Facebook’s top priority: Zuckerberg tells tech Minister RS PrasadIndia is Facebook’s top priority: Zuckerberg tells tech Minister RS Prasad
  • BSNL will win hearts & be the market leader again: Telecom Minister Ravi PrasadBSNL will win hearts & be the market leader again: Telecom Minister Ravi Prasad
  • Government of India launches website for missing and found childrenGovernment of India launches website for missing and found children
  • BSNL creates wi-fi hotspot zone at Taj Mahal in AgraBSNL creates wi-fi hotspot zone at Taj Mahal in Agra
  • Now make your appointment in Ministries & Government departments easilyNow make your appointment in Ministries & Government departments easily
  • Unopposed Tomar is now MP BJP unit presidentUnopposed Tomar is now MP BJP unit president
  • Food delivery app Grofers connects consumers to local merchantsFood delivery app Grofers connects consumers to local merchants
  • How to Sell Car in Dynamic Country Like IndiaHow to Sell Car in Dynamic Country Like India
  • These are the life & accidental insurance schemes PM Modi wants you to knowThese are the life & accidental insurance schemes PM Modi wants you to know
Sovrn

Widgets In Tabs

    Tags

    12th Auto Expo 2014 2014 Auto Expo 2015 2015 Nepal earthquake ads Advertisement Advertising Afzal Kahn Alloy wheel Artist Audi Audi India Automotive industry Auto racing Bharatiya Janata Party Black Blue BMW BMW India Bollywood business Cartoon Chevrolet Clothing Compact car Compact executive car Concept Car Coupe Creative work Crossover Daimler AG Delhi Delhi Motor Show Earth Earthquake Eberhard Kern election England facebook Fashion ferrari Ford Motor Company Formula One Four-wheel drive Front-engine Front-engine design Full-size car Geneva Motor Show Germany Government of India Government of Madhya Pradesh Grand tourer Green gwalior Gwalior Municipal Corporation Gwalior News Hatchback Humour Hypercar Illustration Illustrator india Interview Italy Japan Kahn Design Lamborghini Land Rover Land Rover Tuning love Luxury Luxury vehicle Madhya Pradesh mayor Mercedes-Benz Mercedes-Benz India Mercedes AMG Mid-engine design Mid-size car motorcycle Mumbai nagar nigam Narendra Modi Narendra Singh Tomar Natural disaster Nepal New Delhi New york Noida P. Narahari Parikipandla Narahari Photography Pickup Truck Porsche prime minister Rear mid-engine Red Renault Rolls-Royce sameeksha gupta Sedan SouLSteer SouLSteer Magazine Special Edition Sports car Sport utility vehicle Supercar SUV Tuning United Kingdom United States United States of America USA Vintage car Visual arts Volkswagen Wallpaper White Yashodhara Raje Scindia
    • About
    • Advertise
    • Contact Us
    • Site Terms
    • Contribute
    • Careers
    • RSS
    © 2023 SoulSteer Inc • All rights reserved • Website Partner — Convertica • SoulSteerTM and SoulSteer.comTM and related trademarks, names and logos are the property of SoulSteer Inc. and are registered and / or used in India and countries around the world.