Variation in Rate of interest by Different Banks

The Reserve Bank of India (RBI) with effect from October 22, 1997 has permitted commercial banks to decide the rates of interest payable on domestic term deposits of various maturities with the prior approval of their respective Board of Directors/Asset Liability Management Committee. The banks are now free to offer any interest rate on domestic term deposits according to their cost structure with the approval of their board.

Revision of Instant Money order tariff w.e.f 22.12.2012

Postal directorate has revised the Instant Money Order Tariff with effect from 22.12.2012 vide Letter No.95-02/2012-FS dated 19th December, 2012.
The revised Tariff is as follows :

Remittance Slab	Revised Tariff
Rs 1000 -  10,000	Rs 100/-
Rs 10,001 – 30,000	Rs 110/-
Rs 30,001 – 50,000	Rs 120/-

Click here to view the Directorate letter in original.

Deadline For New Cheque Format Extended Till March 31, 2013

Bank account holders can continue to use their old format cheques for another three months as RBI has extended the deadline for banks to issue new cheques with uniform security features till March next year.

The Reserve Bank in a notification today said, "Taking into consideration representations, it has been decided to extend the time up to March 31, 2013 for banks to ensure withdrawal of non-CTS 2010 Standard cheques and replace them with CTS-2010 Standard cheques."

The central bank, however, indicated that it might impose some kind of fees for such cheques after March 2013.

This is circular given by RBI on same.

Ban on new recruitment in Central Government Departments..!

Any ban order on recruitment in Central Government Services..?

Important reply as clarification by the concerned Ministry was submitted in the Parliament on 12.12.2012.

The Minister of Dopt has given reply to a question in Lok Sabha regarding the ban on new recruitment in Central Government Departments on 12th December 2012. 

The Minister said that there is no ban on recruitment in Central Government. And the all Ministries and Departments concerned are required to fill up the vacancies within the framework of existing instructions and rules keeping in view functional requirement of the posts.

Medical Care Facility in Superfast Trains

Indian Railways has a system of rendering First Aid to any passenger in need. All Rajdhani / Shatabdi Express trains are equipped with Augmented First Aid Boxes. The Augmented First Aid Box contains wide range of medicines and disposable medical material. Front line railway staff in trains is trained to provide necessary first aid. In addition, services of doctors travelling as passengers are also utilized. Trains make unscheduled halts, if necessary, at the station en-route in emergencies. Railway doctors are available on call at major stations. All the Station Masters have details of doctors, clinics & hospitals, both Government and Private, in the vicinity of the station, so that their services could also be availed, if needed. 

This information was given by the Minister of State for Railways Shri Kotla Jaya Surya Prakash Reddy in written reply to a question in Rajya Sabha today. 

Source : PIB 

Modernisation and Diversification of Post Offices

The Department of Posts has decided to improve Look and Feel of its post offices through Project Arrow. The project has been launched by modernizing departmental post offices across the country in a phased manner with an aim to make visible, tangible and noteworthy differences in post office operations that matter to ‘AamAadmi’. It aims at comprehensive improvement of the core operations of the post office as well as the ambience in which postal transactions are undertaken.

The number of post offices covered for modernization under ‘Look & Feel’ component of ‘Project Arrow’ during the last three years is as follows:

2009-10  -  500 post offices covered

2010-11  -  530 post offices covered

2011-12          -  206 post offices covered

Seniority list of PAs for promotion to LSG Cadre

please click here

Bonus ceiling Rs. 3500/- to GDS

GDS employees will get bonus ceiling at par with departmental staff. Bonus ceiling Rs. 3500/- to GDS file cleared by MOF. 2.7 lakh GDS staff will be benefited.

Source : http://postalinspectors.blogspot.in/

DONT PARTICIPATE IN POLITICAL BASED ONE DAY STRIKE ON 12.12.12

A email message is received from CHQ is reproduced below

Dear PM cadre friends,
     I like to inform you on behalf of our association of postmaster cadre we have CHQ mumbai  have decided not  to participate in strike called on 12.12.2012 because of following reasions

1. we members of pm cadre grade I and II are on probation period of 2 years.
2. our demands are pending at directorate delhi submitted to dg madam
3. we are incharge of the office so neutral not opposing or supporting strike
4. last but not the least we should all remain united to show our presence and strength to the      administration at both regional and national level
5. so next time we are not neglected while taking any decisions

 regards

ganesh g sable

cordinator mumbai

NEWS FROM ALL INDIA POSTMASTER CADRE ASSOCIATION CHQ

DEAR POSTMASTERs,

DON'T PARTICIPATE IN EYEWASH POLITICAL BASED STRIKE ON 12.12.12

           ALL THE POSTMASTER CADRE OFFICIALS ARE REQUESTED  NOT TO PARTICIPATE IN ALL INDIA POLITICAL BASED STRIKE ON 12.12.12. EVERY YEAR WE ARE DOING ONE DAY STRIKE BECAUSE OF POLITICAL PARTIES INFLUENCE AND PRESSURE. TILL NOW NOTHING HAPPENED BECAUSE OF THIS EVERY YEAR ONE DAY STRIKE.

               THIS IS THE RIGHT TIME TO SHOW OUR UNITY/ STRENGTH TO THE TRADE UNIONS WHO LEFT US ORPHANED. BE UNITED AND BOYCOTT THIS STRIKE TO SHOW OUR UNITY AND LOYALTY TO THE DEPARTMENT. MORE OVER NOW WE ARE IN PROBATIONARY PERIOD TOO. 

               IF ALL THE LSG/HSG OFFICE INCHARGE OF POSTMASTER CADRE OFFICIALS RUN THE OFFICE DURING THE STRIKE THEN THIS POLITICAL STRIKE DEFINITELY DILUTES AND THEN ENTIRE DEPARTMENT TURN THEIR FACE TOWARDS THIS ORPHANED CADRE.

STAY UNITED. BOYCOTT THIS POLITICAL BASED STRIKE.