NEW DELHI, OCTOBER 20: The country’s largest postal service provider, India Post, is expected to float a request for proposal this week to select a consultant for its Postal Bank that is expected to be formed by December. India Post has shortlisted six consultants, including EY, KPMG and McKinsey, from which it will select one firm to take care of consultancy work for the payments bank foray, a senior government official told BusinessLine. “The firms were shortlisted on October 15. The name of the one selected will go to the Public Investment Board (PIB) for approval. Then the PIB will make recommendations to the Cabinet,” a government official said The official said the whole project will go for Cabinet approval in November (early next month). Once that approval comes through, the company (Postal Bank) is expected to be registered as a public company in December. India Post is among the 11 successful applicants that recently got in-principle nod for payments bank licence f