Only 4-5 applicants could make the cut; India Post has little chance.
Akashdeep Singh scored two goals as India posted a comfortable 3-0 win over Asian champions South Korea to finish a lowly ninth in the men's hockey World Cup at the Kyocera Stadium at The Hague in The Netherlands on Saturday.
The prospect of India Post turning into a bank sounds like a capital idea, especially since we are talking about inclusive banking.
Total committed investment in India now is over $5.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
The RBI is expected to issue only a few bank licences after completing due diligence.
Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
Images from the Asia Cup match between India and Sri Lanka in Fatullah on Friday.
India Posts on Monday said it will introduce a flat rate for sending packages anywhere in the world.
The football fever reaches sky-high with all eyes on Euro 2016. Tournament host France will play the opener against Romania, which will be aired in India post mid-night on June 11. As the UEFA braces for the 15th edition of the European continental championship, the tournament organisers have revealed the all time XI to play in Euro's history.
India opener Shikhar Dhawan was ruled out of the third and final Test against New Zealand, starting in Indore on Saturday, with a minor fracture on his left thumb.
Airtel on Wednesday said its customers can enjoy free unlimited incoming calls on international roaming while travelling to popular destinations like the US, Canada, the UK and Singapore.
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
How India's players fared in Australia.
Impressed with his breathtaking display of batting, Australia skipper George Bailey says Rohit Sharma is certainly the one who is in the mix for the spot that will open up after Sachin Tendulkar's retirement from international cricket later this month.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
Euphoric scenes were witnessed when Pope Francis declared Mother Teresa a saint.
Images from Day 3 of the first Test between India and West Indies, in Kolkata, on Friday.
'A robust electoral democracy provides the institutional basis for the generation and regeneration of political hope.'
The Trent Bridge Triumph was India's second biggest win against England in England. Rajneesh Gupta serves up the interesting numbers from the third Test.
This is the first decline since June this year when car sales declined by 11%.
'If you're going to tell me what a lame fossil I am, save it,' says Mitali Saran.
Renowned terror expert and author Stephen Tankel believes Indian intelligence agencies know more about Pak-based terror groups than it knows about indigenous Indian Mujahiddin. Also, LeT and other outfits might revive their terrorism against India post-2014. Aziz Haniffa reports.
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
IMAGES from the 4th ODI played between India and South Africa at the Wanderers in Johannesburg on Saturday
Every customer, on opening a Payments Bank account, will get a cashback of Rs 250 as soon they bring deposits of Rs 25,000 in their bank account. The account will have zero balance requirement and every online transaction (such as IMPS, NEFT, RTGS) will be free of charge.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Pak PM discussed the situation in Kashmir and tense relations with India with Army chief Gen Raheel Sharif.
India's post 2014 Afghanistan policy appears to be glued to the best-case scenarios of a successful democratic transition. New Delhi hopes that it would remain 'business as usual' and would not necessitate a drastic revisiting of its continuing strategy. This, in short, is a strategy of convenience, says Shanthie Mariet D'Souza.
'Little did those in India's strategic community realise that any wise adversary in China's place and circumstances would only take the land route to disturb and trouble India.' 'It is along the land border that all of India's post-Cold War allies would be of little or no political and diplomatic, and least of all, military help,' says N Sathiya Moorthy.
Hardik Pandya slammed a quickfire half-century and then claimed a couple of early wickets to help India outclass Australia in the rain-hit first One-Day International in Chennai on Sunday.
India took a giant stride towards clinching a semi-final spot with another convincing 16-run victory over Sri Lanka in a one-sided ICC Women's ODI World Cup encounter in Derby.
Here are some of the prominent businesspersons and organisations India Post has featured on their stamps.
India women's cricket team launched their campaign at the ICC Women's World Cup with a comfortable 35-run win over England, riding on superb batting display by the top-order, hin Derby, on Saturday.
In 2012, ZTE India posted a small rate of growth, realising revenues of $700 million, around half the $1.5 billion it received in 2009, a write up in the state run China Daily titled 'ZTE banks Indian telecom market' said.
India captain Mahendra Singh Dhoni hit out at his fast bowlers, saying that the time has come to decide on the future of the existing pace attack.
Limited overs stalwarts Yuvraj Singh and Mahendra Singh Dhoni smashed scintillating centuries to help India secure a series-clinching 15-run victory in the second one-day international against England.
Statistical highlights of the fifth cricket One-Day International between India and England, played in Dharamsala.
The Indian women's cricket team rode on some disciplined bowling to register a 10-run victory over Bangladesh in the third and final T20 International and inflict a 3-0 whitewash on the visitors, in Vadodara, on Friday. Electing to bat, India posted 123 for 9 and then restricted Bangladesh to 113 for 7 in their allotted 20 overs.
Back-to-back one-day defeats in Perth and Brisbane have forced India captain Mahendra Singh Dhoni to rethink his strategy of opting to bat first against Australia, who have taken a 2-0 lead in the five-match series by chasing down 300-plus targets.
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