The department has a network of more than 150,000 post offices across the country.
Rupee, he said, is not in shambles and "we should not be overtly pessimistic".
SEBI has raised the investment limits for foreign investors.
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
Heightened volatility makes the debt rollovers difficult.
The RBI said it had not found initial evidence of money laundering against the three banks.
The company had dent of about Rs 14,070 crore.
Mayaram said the concerns over the pace of implementing economic reforms were "overstated".
Economic gloom and rising ownership costs have savaged sales.
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.
The majority view remains for the central bank to leave the cash reserve ratio unchanged at 4 per cent.
Can the Indian hedge fund managers convince the wealthy to take up the expensive investment strategy?
Keeping that much money out of the banking system has created a liquidity deficit that has forced banks to borrow as much as RS 1.6 trillion from the central bank to meet daily funding needs.
Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.
His officials are working on a series of steps to attract at least $20 billion in new investment to fund the deficit without depleting India's $300 billion in forex reserves.
The parent company, UB Group, is willing to pump in money.
The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.
While the country imposed limits, it also eased and simplified other restriction to attract foreign inflows. This is done to plug record current account deficit.
It believes that BSE Sensex will reach 22,500 by December-end.
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