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0 mentions · last seen 6/5/2026

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Flipkart taps India Post's 1.6 lakh offices for last-mile delivery push

Flipkart and India Post inked a last-mile parcel pact leveraging 1.6 lakh post offices across urban, semi-urban and rural India. Covers prepaid, COD, OTP authentication and real-time tracking — extending e-commerce reach into underserved Bharat markets.

CNBC-TV18 · Companies · 5/25/2026, 2:47:39 AM

India Post rolls out personalised cheque books for savings account holders from May 8

Department of Posts now issues pre-printed personalised cheque books to POSA customers, delivered free to registered addresses. Account holders must maintain ₹500 minimum balance and pay ₹20+GST per issuance; undelivered books are held in safe custody for 45 days before being marked spoiled.

Business Today · Latest · 5/14/2026, 2:53:59 AM

SCSS accounts lose 8.2% rate, drop to 4% POSA if not extended within a year of maturity

Senior Citizens' Savings Scheme accounts left unextended past the one-year maturity window revert from 8.2% p.a. to the 4% Post Office Savings rate. November 2023 amendment permits unlimited 3-year extensions via Form-4, but partial extensions remain barred and no penalty applies beyond the opportunity cost.

Mint · Money · 5/14/2026, 1:14:42 AM