Coming soon, Post Bank of India

The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record.

Consultant appointed

Sources said the Department of Posts, which has a strong foot print in rural areas, has appointed Ernst and Young (E&Y) as the consultant for the proposed ‘Post Bank’

“Ernst and Young is expected to submit a detailed project report by April, after which all the necessary measures will be taken up to apply for banking licence,” a source at the Ministry of Communications and Information Technology told PTI.

The sources added that the Department of Post (DoP) might need Cabinet approval for setting up Post Bank of India.

Of the 1.55 lakh post offices in the country, around 24,000 district offices may be ready to offer banking services in the next two years.

The DoP is in process of setting up 1,000 ATMs.

“Post Bank shall not only take care of the banking needs of the rural poor but shall also converge with micro-insurance and micro-remittance services of the DoP,” the source said.

As per data shared with Parliament, there were over 26 crore operational small savings accounts in post offices as on March 31, 2012, having deposits worth Rs.1.9 lakh crore.

Keywords: Postal department, banking sector, Post Bank, new bank licences, Reserve Bank of India, Ernst and Young

http://www.thehindu.com/business/Industry/coming-soon-post-bank-of-india/article4443509.ece

Clarification on change of Nominee and Insurant name

To view the details, please CLICK HERE.

Payment of incentive to SDl/ASP Sub Divisions for verification of RPLI proposals

To view the copy issued by Directorate of PLI, please CLICK HERE.

Withholding of 10 Percent Gratuity From The Retiring Government Servants

To view Department of Pension and Pensioners Welfare OM NO.20/16/1998-P&PW(F) dated 19th February, 2013 
please Click Here.

Grant of Honorarium to Observers appointed for Limited Deptl Competitive Examinations

Postal Directorate, vide order no A.34020/17/2008 - DE dated 13.02.2013, has prescribed the following rates of Honorarium for performing the duties of Observers for conducting LDCE by approved outsourced Agency.

Sl No	Category of Officers	Rate of Honorarium
1	Junior Administrative Cadre	Rs 600/- per session and Rs 800/- per day.
2	STS/JTS  and Other officers	Rs 400/- per session and Rs 600/- per day.

All India Association of Postmaster Cadre, successful Circle Level Meeting at Trichy on 10.02.13 for Tamilnadu Circle

To discuss the various issues of Postmaster cadre and to elect Adhoc office bearers body of Tamilnadu circle, AIAPC Asst General secretary Shri Rama Subramanian and Shri Shanmugam PM GrII made efficient arrangements at Trichy City Tamilsangam Hall.

Many of the Postmaster cadre officers are attended the circle level meet enthusiastically and placed their points and views regarding the betterment of this cadre. Finally voting system has been adopted to elect the following Adhoc Tamilnadu Circle level office bearers for All India Association of Postmaster cadre.

Shri Chennakesavalu - Circle President

Shri Rajendiran - Circle secretary

Shri Kalimuthu - Circle Treasurer

Smt Shobiarani - Circle women wing convenor

Smt Kaleeswari - Circle Women wing Coordinator

Chennai City Region Representatives

1. Shri Muthukrishnan PM Gr II 

2. Shri Murugan PM Gr II
3. Shri Jai Ganesh PM Gr I

Central Region Representatives

1. Shri Senthil

2. Shri Ramasamy

3. Shri Amirthalingam

Southern Region Representatives

1. Shri Chandrasekar PM Gr II

2. Shri Ramasubramanian PM Gr I

3. Shri Chinnadurai Pm Gr I

Trade unions protest: Government warns employees against participation

NEW DELHI: Ahead of the proposed two-day strike by Central trade unions beginning Wednesday, the Government has warned employees of "consequences" including deduction in wages and disciplinary action if they take part in the protest. 

In a stern directive, the Department of Personnel and Training has written to secretaries of all central government ministries not to sanction any kind of leave to employees during the period of the proposed strike. 

It has also asked the concerned departments to make a report indicating the number of employees who take part in the proposed strike and convey it to the DoPT on the evening of the day. 

The instructions issued by the DoPT prohibit a government servant from participating in any form of strike including mass casual leave, go-slow etc. or any action that abet any form of strike in violation of Rule of the Central Civil Services (Conduct) Rules, 1964. 

PM Grade III posts have been filled in MP circle

In Madhya Pradesh Circle Postmaster Grade-III DPC has been done.The Postamster Grade-II officials who have completed 5 yrs. in HSG-II + Grade-II have been promoted as Postmaster Grade-III.These candidates have joined as Postmaster Grade-III. Congrates to the promoted candidates and thanks a lot to the Honorable CPMG MP Circle.

Courtesy
MAHENDRA SHARMA

POST A EMAIL TO GEN. SECRETARYS OF ALL TRADE UNION WITH THE BELOW MATTER

Why the Demands of Postmaster Cadre are not mentioned as strike demands/Departmental Council. At least it might have mentioned in the present strike demands in such a way to settle the unsettled demands of previous strikes.

What will be happened If all the Postmaster Grade I/II/III officials are not participated in strike and demotivate the juniors in such a way that the Trade Unions are against to the early promotions to the juniors through LDCEs and the Trade Unions are upholding the spirit of directorate that is the Operative Staff should not enter into Administrative line.

Please send the above matter to the follwing email ids Secretary Generals of both the federations

Send the same to other Postmaster Cadre Officials also.

theagarajannachi@gmail.com

nfpehq@gmail.com

Courtesy: www.postmasters-dop.blogspot.com

Clarification on grant of MACP benefits

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