Department of Posts and BSE Sign MoU to Expand Mutual Fund Access Across India (1)
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE, Asia’s oldest stock exchange, have signed a landmark MoU to expand access to mutual fund services across India. By using India Post’s end to end presence in rural and semi-urban areas, the initiative aims to bring investment opportunities closer to millions of citizens who have limited access to formal financial products.
Once certified, postal employees will be able to support customers with transactions, investor services, and guidance at the last mile.
Combining India Post’s outreach with BSE’s technology bridges one of the biggest gaps in the financial sector rural access. This collaboration will,
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