Showing posts with label SB CIRCULARS. Show all posts
Showing posts with label SB CIRCULARS. Show all posts
Friday, November 11, 2016
Tuesday, August 9, 2016
Friday, July 1, 2016
Monday, June 27, 2016
Friday, June 24, 2016
Wednesday, June 22, 2016
Government keeps interest rates on small savings scheme unchanged
NEW DELHI: Government has kept interest rates unchanged for various small savings schemes for the July-October quarter of 2016-17 fiscal.
The Finance Ministry in a statement today said that interest rate on one-year deposits for July-October quarter of this fiscal has been kept unchanged at 7.1 per cent.
Similiarly, interest rate on two-year time deposit, three-year time deposit and five-year time deposit were kept at 7.2 per cent, 7.4 per cent and 7.9 per cent, respectively.
S B Order No. 4 / 2016 : Stoppage of sale of pre-printed NSC and KVP
Stoppage of sale of pre-printed NSC and KVP from 01.07.2016 and issue of certificates in the shape of Pass Books regarding
Tuesday, June 21, 2016
Centre allows premature closure of PPF account
In a significant move, the Finance Ministry has allowed subscribers of the Public Provident Fund (PPF) to prematurely close their accounts after a minimum of five years for reasons such as higher education or expenditure towards medical treatment.
The Finance Ministry has also retained the interest rates on all small saving products for the second quarter of the fiscal.
On PPF, the Ministry, in a notification, said, the subscribers can close the account if “the amount is required for serious ailments or life threatening diseases of the accountholder, spouse, dependent children or parents…or the amount is needed for higher education of the account holder or the minor account holder.” It further added that supporting documents and bills will have to be produced.
Wednesday, April 6, 2016
Finance Ministry order - Discontinuation of physical pre-printed NSC and KVP certificates w.e.f. 1.4.2016
It is decided that the currently existing system of physical pre-printed certificates for KVP and NSC shall stand discontinued w.e.f. 1.4.2016 and shall be replaced by ‘National Savings Certificate/Kisan Vikas Patra Certificate on electronic - mode (e-mode). Till the CBS system transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.
The serial numbers based on the new pattern allotted to the banks and the Department of Posts (DoP) with respect to KVP and NSC were detailed in the said Finmin’s OM of even number dated 23rd March. It is intimated that while issuing the certificate from 01.04.2016, Banks and Post Offices may use notification having G.S.R. No. 353 (E) dated 29.3.2016 for Kisan Vikas Patra and notification having G.S. R. No. 354 (E) dated 29.3.2016 for National Savings Certificate. It is intimated that these notifications are available on egazette.nic.in
Friday, April 1, 2016
SB CIRCULAR 2/2016
S B Order No. 02/2016 : Acceptance of POSB business in the case of Finacle CBS application is not accessible or slow to accept transactions presented at the counter - invoking of Business Continuity Plan (BCP) regarding
Friday, January 1, 2016
SB Order 2015 at a glance: India Post
Collection of SB Orders released during the period of 2015. Totally 17 nos. of orders were released and given below for your kind reference.
View / Download
Wednesday, December 30, 2015
Launch Of Post-Terminals For BPMs - Rural ICT Project
Department has launched issue of Post-Terminals (POTD Devices) to BPMs on pilot basis on 28.12.2015 in the states of U.P, Rajasthan and Bihar as part of implementation of RICT ( Rural Information & Communication Technology).
Key highlights of RICT
- Branch Post Masters to be given a hand held device for day-to-day operations
- Through the hand held device, BPM will be able to do transactions for Core Banking, Insurance and Mail Operations
- Scanning of documents and barcodes through a scanner
- Regional language support on the handheld device
- Provision of solar panels for battery charging at all Branch office
Ms. Aakansha Shukla BPM (UP) receiving first Hand Held device from MoC
Tuesday, December 29, 2015
VERY IMPORTANT POINTS TO BE CARRIED OUT BY OFFICES MIGRATED TO CBS
SB order No. 14 /2015
1. General :
1.
In
case of RD deposits accepted through MPKBY agents, two copies of LOT is to be
taken from agent. One copy should be
kept in the office guard file and
another copy should be attached with the Pay-in slip and placed at the end of
RD voucher bundle.[Point 1.4]
2.
Account
opening form or SB – 3 card of an
account which is opened on obtaining KYC documents, at the first time, need not be sent to SBCO at the time of
closure along with the closed voucher. The remarks “SB-3 / AOF retained with
KYC documents” should be recorded on the
closed voucher under the signature of ASPM /SPM. [Point
1.5]
3.
AOF
obtained for the subsequently opened accounts should be attached with the
closed voucher and sent to SBCO.[Point
1.5]
The union government is set to increase the maternity leave for women employed in private firms from the existing 12 weeks to 26 weeks.
Govt to increase maternity leave in pvt sector from 12 to 26 weeks
Women and Child Development Minister Maneka Gandhi Monday said the Ministry of Labour has agreed to increase maternity leave to six-and-a-half months. “We had written to the Labour Ministry asking that the maternity leave be extended taking into account the six months of breastfeeding that is required post childbirth. The Labour Ministry has agreed to increase it to six-and-a-half months,” said Maneka.
Saturday, December 26, 2015
Discontinue The Practice Of Appointing Pay Commissions Every 10 Years – AK Mathur
Discontinue the Practice of Appointing Pay Commissions every 10 years – According to Mathur, this could be avoided if a system of annual salary hikes — as in the private sector — is implemented for government staff as well.
The Centre could discontinue the practice of appointing pay commissions every 10 years to suggest salary revisions for its staff, justice AK Mathur, chairman of the Seventh Central Pay Commission (7th CPC), said. Instead, he said, the government could have a mechanism for annual increment in salaries, taking into account all aspects including the consumer prices. While the dearness allowance offsets the impact of retail inflation on the salaries of government employees, the salary increases are now accorded by way of the pay commission-awarded “fitment” factor and annual increment.
HomeEconomy Indian Railways union members oppose new pension scheme; wants FinMin intervention in 7th Pay Commission case (0) Indian Railways union members oppose new pension scheme; wants FinMin intervention in 7th Pay Commission case
Members of a Indian Railways union has opposed the new pension scheme and demanded that the employees should be kept out of the ambit of the scheme.
All-India Railwaymen’s Federation (AIRF) General Secretary Shiv Gopal Mishra said that the Indain Railways union has urged Railway Minister Suresh Prabhu to raise the matter with Finance Minister Arun Jaitley to ensure the government keeps railway employees out of the ambit of new pension scheme. (Reuters)
Members of a Indian Railways union has opposed the new pension scheme and demanded that the employees should be kept out of the ambit of the scheme.
Indian-Railway-has-recruitment-notification-for-18252-vacancies
Indian Railway has announced a huge recruitment notification for 18252 vacancies. Here are the details:
Indian-Railway-has-recruitment-notification-for-18252-vacancies
Commercial Apprentice (CA): 703 Posts
Traffic Apprentice (TA): 1645 Posts
Enquiry cum Reservation Clerk (ECRC):127 Posts
Goods Guard: 7591 Posts
Junior Accountant cum Amanuensis (Typist) (JAA):1205 Posts
Senior Clerk cum typist: 869 Posts
Assistant Station Master (ASM): 5942 Posts
Transport Assistant: 166 Posts
Senior Time Keeper: 04 Posts
Selection Process: Written test and Proficiency test
DOPT exempted the parents of differently abled children from the mandatory transfers
Key initiatives of the Department of Personnel & Training (DoPT)
YEAR ENDER 2015
The Department of Personnel and Training (DoPT) has taken various initiatives during the year 2015. These initiatives aim at working in the direction of larger public interest and to establish accountability and transparency.
In a landmark decision, the Government scrapped Interviews for recruitment to lower posts wherever it could be dispensed with. This was followed by the Minister of State for Personnel, Public Grievances and Pensions Dr. Jitendra Singh writing D.O. letters to Chief Ministers of all States in September to take the lead in carrying forward this initiative with respect to State Government jobs.
Monday, December 21, 2015
Why implementing the Seventh Pay Commission recommendation is a herculean challenge
By Shantanu Nandan Sharma, ET Bureau | 20 Dec, 2015, 07.00AM IST
Justice Ashok Kumar Mathur, a former Supreme Court judge and chairman of the Seventh Central Pay Commission (CPC), has returned to his home town Jodhpur in Rajasthan after spending two years in Delhi and submitting a 900-page humongous report recommending a hike in pay, allowances and pension for 47 lakh government employees and 52 lakh pensioners.
Even as the government kickstarts the process of implementing the report, something that will cost the exchequer over Rs 1 lakh crore, Mathur nowa-days hears only the disgruntled voices.
He continues to read complaints in newspapers and hears deep anxiety among civil servants over phone calls.
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