
The Department of Post plans to start 50 bank branches in the first year and scale it up to 150 branches in five years.
NEW DELHI, OCT 20: The Department of Posts (DoP) has lowered its estimate of funds that it needs to start banking operations to about Rs 623 crore from its earlier projection of about Rs 1,900 crore, sources said.
The proposal for Rs 623 crore includes Rs 500 crore...