Bhubaneswar, Feb. 11 -- In a move aimed at deepening financial inclusion and expanding access to investment products, the Department of Posts (DoP) on Tuesday signed a Memorandum of Understanding (MoU) with the National Stock Exchange of India Limited (NSE) to facilitate the distribution of mutual fund products through the vast India Post network.

The agreement seeks to leverage India Post's extensive reach of over 1.64 lakh post offices across the country, particularly in rural and semi-urban regions, to provide citizens with access to capital market-linked investment options.

Under the collaboration, the Department of Posts will work with NSE's digital mutual fund transaction platform, which enables end-to-end processing of investment...