Postal services have come a long way since the days you posted a letter and prayed it reached. The Indian Postal Service is owned and managed by the government. It is a pretty efficient system and provides a wide range of services. Key among them include financial services (banking, money transfers, issuing life insurance policies, distributing mutual funds and securities, electronic clearance services etc): speed posts and a host of other online services.
For more details, visit their website.
Update 10/03/2009
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