Table of Contents

1. Objectives.................................................................................................................................................. 3
2. Broad Structure of the Project report:...................................................................................................... 3
3. Methodology............................................................................................................................................. 5
3.1 Secondary Research ............................................................................................................................ 5
3.1.1 Sources ......................................................................................................................................... 5
3.2 Primary Research ................................................................................................................................ 5
3.2.1 Questionnaire .............................................................................................................................. 5
4. References ...............................................................................................................................................

1. Objectives
To prepare a detailed project report (DPR) for Core Banking and Insurance Solutions for
India Post, that enables it to achieve the following:
a. Through innovative and customer centric services, provide savings bank
deposit schemes, and an access to a wide array of financial services and
products such as insurance
b. Increase operational efficiency by leveraging technology

2. Broad Structure of the Project report

1. Background Context
1.1 About India Posts Core Banking Services (CBS)
1.2 Vision
1.3 Mission
1.4 Core Values
2. ERP
3. Need and Gap Analysis
4. Project Definition and Scope
4.1 Technical Scope
4.2 Functional Scope
5. Benefits Envisaged and Assessment Framework
5.1 Benefits Envisaged
5.1.1 Employees
5.1.2 Customers
5.2 Assessment Framework

6. Bills of Material
6.1 Network infrastructure
6.2 ERP Software licenses
6.3 PC and peripherals
6.4 Implementation services
7. Project Schedule
7.1 Proposed Project Plan
7.2 Project Deliverable
7.3 Governance Structure and Project Team Requirements
7.3.1 India Post CBS Project Team
7.3.2 Project Management Consultants
7.3.3 SI Project Team
8. Return on Investment
8.1 Quantifiable financial benefits
8.2 Other benefits by using best practices
9. Feasibility Analysis
9.1 Management
9.2 Technical Feasibility
9.3 Functional/Implementation
10. RFP Structure
10.1 Fixed Price Contract
10.2 Evaluation and Comparison of Bids
11. Annexure

3. Methodology
3.1 Secondary Research
3.1.1 Sources
The main sources of secondary data are as follows:
a) Notifications and circulars released by India
Post
b) Other information available in the website of India post
c)
Information available in the open domain from the websites of the service
providers such as Infosys (Infosys is providing the famous banking solution Finnacle
to India post)
d) Bid information of Consulting and Implementation Companies, in response to
RFP
issued by India Post.

3.2 Primary Research

3.2.1 Questionnaire
1) Need for Implementing Core Banking Solutions for India Post
2) Current Status
a. Management Consulting Partner (BCG, Ernst & Young, etc.)
b. Software Vendor (ex. SAP, Infosys, etc.)
c. Implementation Partner (ex. Infosys, Tata Consulting Services, etc.)
3) What all services to be provided under the CBS scheme?
4) As-Is process
a. Existing
Infrastructure b.
Network of braches
c. Existing
processes d. Data
Readiness
e. Number of branches where IT is already Implemented
5) To-Be process
a. Plan of execution (Branches, Timelines)
b. Preference for Implementation Approach (Big Bang Vs Phased Approach)
c. Business Blueprint
6) Resources
Required a.
People

b. IT hardware requirements (Data Centers, Servers, Network requirements,

PCs, etc.)

4. References
http://www.indiapost.gov.in/Financial_Services.aspx
http://www.infosys.com/newsroom/features/Pages/india-post-core-banking-insurance.aspx
http://www.indiapost.gov.in/Pdf%5C113-27-2005-FS_03-09-2012.pdf
http://www.indiapost.gov.in/it_modernisation_cm/Core%20Banking%20Solution_FAQs.pdf
http://www.indiapost.gov.in/Pdf%5C113-27-2005-FS_03-09-2012.pdf
http://www.indiapost.gov.in/it_modernisation_cm/PMU%20Newsletter_%20Feb%202011.pdf
http://www.moneymantra.co.in/detailsPage.php?id=7855&title=Banking&page=bank
http://saindiapost.blogspot.in/2013/03/post-bank-of-india.html
http://m.economictimes.com/industry/banking/finance/banking/india-post-to-enter-bankingspace/articleshow/18631933.cms
http://www.infosys.com/newsroom/features/Pages/india-post-core-banking-insurance.aspx