| The first "Postal Finance Mart" of the country to be established outside metropolitan cities was inaugurated today by the chief postmaster general (UP), Vijay Laxmi Seth, at the Sanjay Place commercial centre of Agra. |
| Talking to Business Standard, Seth said the postal department was diversifying its services to develop a professionally oriented and profitable working environment and in this process, it has been decided that the postal department will begin selling securities in the form of mutual funds and bonds. |
| She said the Postal Finance Mart established in Agra was the first such establishment in the entire country to be established outside the four metropolitan cities and initially, the department shall be focusing on selling the various mutual funds for UTI and bonds for IDBI after which, decision shall be made in the direction of incorporating private partners in this finance mart. |
| On this occasion, Amitabh Singh, senior superintendent (post), Agra, said apart from selling mutual funds and bonds, the finance mart shall also provide the facility of investment banking and international money transfers to its clients. |
| Talking to Business Standard on this occasion, Rajiv Gupta, former president, National Chamber of Industries and Commerce, UP, demanded that the postal department should also setup trading terminals for NSE and BSE as compared to private investment brokers, the postal department could prove to be a major player in this field, being a government controlled and reliable entity. |
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