5-day week for PSU bank staff?

India's public sector banks are examining a proposal to a migrate to "five-day a week" work schedule, a move that will likely cheer thousands of employees as state-owned banks hammer out strategies to match private peers' human resource practices. The move, however, may come bundled with conditions attached with postings in remote areas amid mounting government pressure to widen "financial inclusion" in areas that still remain outside the banking net.

MODEL QUESTIONS FOR IPO & PM GRADE 1 EXAM

Postal Manual Vol V Qn 26-50)

26.  New Speed Post discount structure and operational mechanism would apply to all existing bulk customers availing credit facility w.e.f.

            a)         01‐01‐2011.                                 b)         01-04-1995

            c)         01-01-2008                                        d)         None of these                       Ans:a

27.       The list showing the details of bags to be received and dispatched by a mail office/transit section is

            a)         Sorting list                                         b)         Due mail list

            c)         A order                                               d)         B order                                   Ans: b(52a)

Bank of India Clerk recruitment 2012 through IBPS (3149 Vacancies)

Bank of India (BOI), , a leading Public Sector Bank having Head Office at Mumbai, invites applications for recruitment of 3149 posts in CLERICAL CADRE from Indian citizens, who have taken the Common Written Examination for Clerical cadre conducted by IBPS in 2011 and have a valid Score card issued by IBPS.

Name of the Post	No of Vacancies	Age Limit	Emoluments
Clerical Cadre (CLERKS)	3149 in State/ UT-wise basis	18 to 28 Years as on 01.08.2011	Rs.7200 - Rs.19300 + DA, HRA, CCA, Conveyance Allowance.

Limited Departmental Competitive Examination for promotion to the cadre of Postmaster Grade-I 2012

The schedule and syllabus for the limited Departmental competitive examination for  promotion to the cadre of  Postmaster  Grade-I to be held on 03.06.2012 has been communicated vide Directorate letter No.A-34012/4/2012-DE dated 10-04-2012.

Click here  to view the said Directorate letter.

RTP Service can not be counted for grant of MACP, Seniority etc - Clarification

It was clarified by Postal Directorate vide letter no 44-1/2011-SPB II dated 12.04.2012 that the service rendered under RTP Scheme prior to regular appointment as P A / S A can not be counted for promotion, seniority and grant of MACP.

Click here to view the said Directorate letter in original.

Accountant PO & RMS Exam conducted on 15.04.2012

Click here to view the Accountant Exam Paper I

Click here to view the Accountant Exam Paper II

India Post's gold offer for Akshaya Tritiya

HYDERABAD, APRIL 16: 

India Post is offering 6 percent rebate on gold coins of various denominations this Akshaya Tritiya, according to the Chief Postmaster General, Andhra Pradesh Circle. Buying gold is an important aspect of the festival that is on April 24 this year. The festival offer will be available at designated post offices across Andhra Pradesh on gold coins of 0.5 g, 8 g, 10 g, 20 g and 50 g of 24 carat and 99.99 per cent purity, a press release said.

India Post, in association with the World Gold Council and Reliance Money Infrastructure Ltd, began selling gold coins made by Switzerland's Valcambi in 2008. At present, gold coins are available at more than 800 post offices across the country.

Source : http://www.thehindubusinessline.com/industry-and-economy/marketing/article3320597.ece?ref=wl_industry-and-economy

DID YOU CHANGE THE SERVICE TAX IN POINTOFSALE?

AS WE ALL KNOW POSTAL PREMIUM PRODUCTOS SERVICE TAX IS CHANGED TO 12% FROM 10% WITH EFFECT FROM 01.04.2012. WE HAVE TO CONFIGURE THE SERVICE TAX IN POINTOFSALE MODULE. PROCEDURE IS GIVEN BELOW.

Minutes of the meeting of the committee constituted to consider the issues related to POSTMEN

D.G. Posts No. 09-01/2005-WS-I/PE.I Dated: 9th April , 2012

The meeting of the Committee was held on 5th March, 2012 at 1100 hrs. in PLI Directorate. The meeting was attended by the following:
i) Shri S.K. Sinha, CGM, PLI …. Chairperson ii) Shri V.P. Singh, DDG (Establishment)
iii) Shri Satish Kumar, Director (FA) iv) Mr. M. Krishnan, Secretary General, NFPE
v) Mr. D. Theagarajan, Secretary General, FNPO vi) Mr. I.S. Dabas, General Secretary, AIPEU Postmen & Group `D'/ MTS vii) Mr. T.N. Rahate, General Secretary, NUPE Postmen & Group `D'/MTS

GDS DA ORDER RELEASED

GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS & IT
DEPARTMENT OF POSTS
(ESTABLISHMENT DIVISION)
Dak Bhawan
Sansad Marg
NEW DELHI-110 001
No.14-01/2011-PAP Dt.12th April,2012

To

All Chief Postmasters General,
All G.Ms.(PAF)/Director of Accounts (Postal).

Subject::- Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) at revised rates with effect from 01-01-2012 onwards - Reg.