India Post pushes ahead with banking plan despite opposition4 min read . Updated: 23 Sep 2013, 12:22 AM IST
Postal department to seek cabinet approval for banking capital even after finance ministry reservations
Mumbai: Despite strong opposition from the finance ministry, the postal department plans to approach the Union cabinet next month seeking capital of up to ₹ 1,900 crore for a proposed commercial bank, according to two people familiar with the development.
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