India Post seeking assistance in Post Bank project

India Post is seeking a consultancy to assist it in setting up a new Post Bank of India to provide banking services with a particular focus on rural areas.

The proposal is at a conceptual stage, with the Indian government aiming to set up a new platform to provide a broader range financial services in all post offices.

Postmaster Cadre Examination Books Seller information

We wish to inform you that the following books for POSTMASTER GRADE-I examination are available with us.

1.         Guide to Postmaster Grade-I Paper I & II (with MCQ) by V.K.Balan. Price Rs.800/-

2.         POST OFFICE SAVINGS BANK MANUAL VOLUME I (2012Edn) by Kawaljit Singh. Price Rs.400/-.

3.         POST OFFICE SAVINGS BANK MANUAL VOLUME II (2012Edn) by Kawaljit Singh. Price Rs.200/-.

Post Offices to turn Centres for TNPSC Exams

Tamil Nadu Public Service Commission will open 25 examination centres in Chennai for the forthcoming examination in July. Earlier, there were only four centres.

TNPSC chairman R. Nataraj told The Hindu that the number of examination centres has been increased to 245 from the earlier 104 to cover all the taluks.

Book railway tickets at a post office

Panaji, Citizens will soon be able to book railway tickets from the post office. In a bid to make ticket bookings more accessible for the public, Indian Railways have tied-up with India Post for this initiative.

Coming soon: Post Bank of India

Moving a step closer to setting up a banking business, the Department of Posts has started scouting for a consultancy firm to prepare a road map for the proposed ‘Post Bank of India’ (PBI).

The Department has already carried out a feasibility study for setting up the Post Bank of India and has invited expression on interest from consultancy firms — domestic or foreign — to finalise the plans for the bank.

The DoP, according to an official document, “intends to obtain approval from the Cabinet and licence from RBI for creation of a full-fledged bank (PBI).”

The consultancy firm will provide inputs on issues like the organisational structure of PBI, requirement of seed money and its relationship with post offices.

The proposed PBI will provide banking services, including accepting of deposits from the public for the purpose of lending or investment.

The PBI will aim to “provide banking services with special focus on rural areas...ride on the Core Banking Solution which is proposed to be provided in all the post offices.”

Guideline regarding transfer and promotion in Bank

It is reported that the following guidelines have been sent by Ministry of Finance vide letter dated 3rd May, 2012, to all PS Banks for implementation :-
 Taking into consideration the academic session and other relevant factors, it  has been decided that the process of regular transfer of officers is also completed at the  beginning of the year so that the staff is not put to undue inconvenience.

Monthly Summary of Significant Events of Department of Posts for March, 2012

Postal Network to be Leveraged to Financially Include BPL Households Given below is a brief summary of significant events pertaining to Dept of Posts for the month March ,2012. 

Department of Posts have disbursed wages amounting to Rs. 540 crores to 5.45 crores MGNREGS account holders across the country (except in Bihar Circle) during February this year. 

SB Order No. 06/2012 dated 03.05.2012

INTRODUCTION OF FACILITY OF TRANSFER OF QUARTERLY INTEREST OF SCSS ACCOUNTS TO ANY BANK ACCOUNT THROUGH ECS

INTRODUCTION OF FACILITY OF TRANSFER OF QUARTERLY INTEREST OF SCSS ACCOUNTS TO ANY BANK ACCOUNT THROUGH ECS - RELEASE OF ECS FOR MIS & SCSS VER 2.5.5 AND VER 3.1.5 BY SDC KOLKATTA

Please click here to view S B Order No. 6 / 2012 issued vide Directorate's letter No.113-01/2002-SB, dated 03.05.2012 

Great Achievement, Postmaster Cadre website hats off GDS BPM

One good news. Selvi S. ArunaDevi, a GDS BPM Uralpatti BO A/W Komaralingam SO Under Udamalpet HPO has come out successful in all forms of IAS Examination ( Preliminary, Main and Interview ) in a

single attempt.

She did her school studies in a rural school and college studies in a private College at Udamalpet. She is brought up in  a poor family background. She prepared for the IAS on her own without any coaching. A very poor GDS from a rural background , studied not in reputed city institutions and without any coaching, coming out successful in IAS is a great achievement. Please Congratulate her and exhibit this news in our circle union website.

Highlight of Civil Services Exam, 2011 Results

Following are the important highlights of the Civil Services Examination, 2011, for which final result has been declared today.

Ø      The Civil Services (Preliminary) Examination, 2011 was conducted on 12thJune, 2011.  A record number of 4,72,290 candidates applied for this examination, out of which 2,43,003 candidates have actually appeared.