FIVE FOREIGN CONSULTANTS IN RACE FOR ‘POST
BANK OF INDIA’
PROJECT
The Department of Posts has issued request
for proposals (RFP) to five top notch foreign consultancy firms for the
proposed Post Bank of India
project.
The five short-listed firms are Accenture
Services, Boston Consulting Group, Ernst & Young, KPMG Advisory Services
and McKinsey & Co.
The Department of Posts (DoP) is looking
to set up a bank — Post Bank of India
(PBI) — to provide banking services with special focus on rural areas.
Besides providing a platform for financial
inclusion, the Post Bank of India
will provide means of additional revenue generation for the DoP.
The consultancy firms chosen, out of the
five short-listed ones, will as part of the assignment focus on Detailed
Project Report (DPR) on creation of PBI, financial viability of PBI, proposed
organisational structure of PBI in the light of RBI regulations, and
relationship between PBI and Post Office Savings Bank.
Source : http://www.thehindubusinessline.com
