Department of Posts and National Stock Exchange of India Limited (NSE) Sign MoU to Expand Mutual Fund Access Through India Post Network
- MoU between Department of Posts (DoP), Ministry of Communications and National Stock Exchange of India Ltd (NSE) to distribute mutual fund (MF) products through the postal network.
- Leverages 1.64 lakh+ post offices (over 80% rural) plus NSE's SEBI-compliant MF transaction platform for last-mile penetration.
- Significant for UPSC as a case of public-sector convergence for financial inclusion, linking Jan Dhan-era savers to capital-market products.