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Barclays’ Inks Pact with India Post Office

March 06, 2018

Barclays’ Inks Pact with India Post Office

To give a major push to the cash management business in India, Barclays Plc has teamed up with India Post Office, a bank official said.

The tie-up deal, originally agreed on in 2015 materialized only recently under which Barclays will provide cash management services through around 8,000 India Post branches across the nation.

Pushkaraj Gumaste, MD and head of Coverage, Corporate and Investment Banking Division India said that the partnership has given the UK bank a boost to service remote area cash management.

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