Free Press Journal
  • Banking with India Post

    The biggest reason in favour of India Post Payments Bank is that it will save nearly three lakh postmen and over 155,000 branches from redundancy. With the demand for postal services falling shortly following technological advances and the near-universal availability of cell phones and internet services, there was little work left for postmen. Private courier services providing efficient services at reasonable costs had further cut sharply into the business of post offices.