Banking menace made to view Post office savings with safe eyes Post office in India has always been seen as a lucrative way of investment in India. Rajat Paul (The writer can be reached at Rajatpaul304@gmail.com ) Post office in India has always been seen as a lucrative way of investment in India. It was initiated by Warren Hastings under the East India Company in 1688, which was later formally introduced as service under the Post Office Act of 1854, presently administrated by the Ministry of Communications. With 1,55,015 post offices, DoP has the most widely distributed network in the world...