India turns 350,000 postmen into bankers for doorstep financial services – Connected To India


India’s 350,000 well-trained postmen have turned bankers, offering doorstep financial services to even the last man standing in the remotest parts of the country.

Till recently, the ubiquitous men in brown serving in the country’s 155,000 post offices located in every nook and cranny had been only delivering letters and parcels.

But now they are making banking easy for even ordinary citizens by going round homes carrying a trendy mobile phone and a hand-held biometric scanner to open savings accounts, transfer money, pay utility bills, accept cash deposits, facilitate withdrawals and what have you.

Read more on the link below…

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