India
has the largest Postal Network in the world with over 1.5 Lakh Post Offices. At
the time of independence, there were 23,344 Post Offices, which were primarily
in urban areas. Thus, the network has registered a seven-fold growth since
Independence, with the focus of this expansion primarily in rural areas.
In
the past two years, the Department of Posts has touched new horizons by
accomplishing one milestone after another. Some of the laudable achievements
include providing citizens with access to Core Banking Solutions, post offices
providing services of Common Services Centers like online access to pension.
Banking services like deposits, remittance, online payments to service
providers, direct bank transfers, etc. are being done through Postal Banking
system.
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