India Post is one of the world's largest postal networks and for centuries has served as a communication lifeline for hundreds of millions of people.

But moving mail does not make money the way it used to, and after years of losses the company now wants a banking license.

With 150,000 post offices across the country, it says it can reach more people than any traditional bank.

Nidhi Dutt reports from New Delhi.

Source: Al Jazeera