Dept. of Posts applies for banking licence

 

 NEW DELHI, June 28, 2013

The Department of Posts, on Thursday, submitted an application before the Reserve Bank of India (RBI) for a licence to offer full-fledged banking services.

“We have approached the RBI today [Thursday], and hopefully having met all the conditions of RBI, an in-principle approval might be given. If it is given, I think, it will be a revolutionary step because it will bring banking, subject to Cabinet approval, to the doorstep of the ordinary man in this country,” Telecom and IT Minister Kapil Sibal told PTI.

The RBI is in the process of granting fresh banking licences and has set July 1 as the deadline for applying.

The Department of Posts has plans to start 50 bank branches in the first year and scale it to a total of 150 branched in five years.

The Department of Posts has started inter-ministerial consultations for seeking Cabinet approval on around Rs.1,900 crore fund requirement to start Post Banks. The total amount includes Rs.500 crore paid-up capital required under new banking licence guidelines.

News: PTI , The Hindu

SCS SI Entries for 30/06/2013

Execution of SCS - SI entries for 30/06/2013

    Unzip the file to DBAnalyzer folder in server.
    Logout of Sanchay Post from all the clients and server.
    Backup POST database
    Execute "JuneScs_Si.exe"
    This exe should be executed before day-end of 29/06/2013
    The exe will display the total amount after finishing SI posting. This amount should be added to the counter transactions LOT.
    This exe will work upto 06/07/2013. If executed after 29/06/2013, the SI amount will be reflected in the LOT of the date of execution.


Click here to download patch file from SDC, Chennai

eMO Version 7 Update 8

Read me for eMO Version 7 Update 8
=================================

Ensure that your eMO database was already upgraded with that of available in rar file
at ftp://ftp.ptcinfo.org/Meghdoot7/Updates/Update6toMeghdoot7 .

New Features:
------------- ---
  1. Handling of CPSMS


Applications upgradation Procedure:
------------------------------------------

 a. Stop eMO Client application.
 b. Replace existing emoclient.exe available in installation path with the new version provided

Best Wishes.............

UTTARAKHAND TRAGEDY CONFEDERATION APPEALS TO ALL CENTRAL GOVT. EMPLOYEES TO DONATE ONE DAY WAGES TO PRIME MINISTER’S RELIEF FUND

Excessive and unexpected rainfall resulting in furious floods has battered beyond measure, the Himalayan hill state of Uttarakhand.  Whole villages, stretches of roads and communication links have been affected.  More than 1000 persons met with tragic death.  Thousands, including those from other parts of the country who were undertaking pilgrimages to religiously significant temples in the region, remain stranded.  Hundreds of houses and buildings along the banks of Alakananda and the Bhagirathi has been swept away in Rudraprayag district alone.  Thousands have become homeless.

As the magnitude of the tragedy caused in Uttarakhand continues to unfold, Prime Minister Sri. Manmohan Singh has issued an appeal for generous donations to support the victims who have suffered extensive devastation.  Prime Minister appealed that - “At this moment, the affected people need our help to tide over the calamity that has fallen upon them, to survive and to rebuild their lives.  I request all citizens of India to stand with our distressed fellow countrymen, and actively participate in the national effort to support them at this difficult time”.

It is needless to say that the Central Govt. Employees have an urgent and important role to play in helping the flood victims and we shall have to rise upto the occasion, as in the past when such national calamities occurred.  The National Secretariat of the Confederation of Central Govt. Employees & Workers calls upon the entireity of Central Govt. Employees to donate one day’s salary to the Prime Minister Relief Fund and extend our full support to the flood victims to rebuild their lives.

All the Affiliates of the Confederation, State Committees (C-O-Cs) and CHQ Office bearers are requested to make maximum efforts to collect and remit the donations to Prime Minister’s Relief Fund.
                                                                                                                                     (M. Krishnan)
                                                                                                       Secretary General, Confederation

Source: www.confederationhq.blogspot.in

Negative List Updation Patch - Updated upto 31/05/2013

 This patch file updates the negative list available in Sanchay Post software. To confirm updation, use the "Database Discrepancies >> NSC >> Details of Negative List Updation" option available in DBAnalyzer software.

The file 'NL_20130531.exe' should be copied to DBAnalyzer folder and executed after completion of day's transactions. This will update the negative list upto 31/05/2013 in Sanchay Post.

In addition to Negative List, updations relating to PINCODE details are also done in the database. Hence, execution of this patch will take longer than the usual updation time. System Administrators should ensure that the server is not switched off till successful execution of the patch.

Downloadable from FTP site of PTC, Mysore.

Source : http://tamilnadupost.nic.in/sdc/index.htm

DBAnalyzer for Sanchay Post dtd 24/06/2013

Revised Exe including Solution AddOn

Solution Documents (Contains instructions)

Last updated on: 24-06-2013

DBAnalyzer has a new feature to generate a consolidated report of all discrepancies in the database. Unzip the additional exe & all the DLL files included in the DBAnalyzer zip file and copy to the DBAnalyzer folder.

NOTE: Generation of Consolidated Report is a TIME CONSUMING PROCESS. All offices are advised to generate this report after completing the daily routines like DAY-END process, Database Backup, etc.


Source : http://tamilnadupost.nic.in/sdc/index.htm

Difference between NEFT and RTGS Fund Transfer

Useful for Banking Exams…….

 Download as PDF

 While studying for Banking Exams or doing fund transfer we often come across the words NEFT and RTGS. Lets try to understand what is NEFT and RTGS and what is the difference between them. NEFT and RTGS are two main money transfer mechanisms in India. That is if we want to transfer money from one bank to another bank we have to use any one of this method.

Transferring money between two accounts in same bank is pretty straight forward and it’s an internal matter of the bank (eg: between two SBI branches and also banks within SBI Group), it does not have to deal with other banks and their protocols, however when one bank wants to send the money to another bank in India, there is a defined mechanism (eg: from SBI to ICICI, HDFC, Axis Bank etc.) it has to be done and hence NEFT and RTGS comes into our help. Both these systems are maintained by Reserve Bank of India.

TAMILNADU CIRCLE- REGIONAL LEVEL INFORMAL MEETING TO AIAPC - LETTER FROM CIRCLE SECRETARY TO THE CPMG

To

    The Chief Post Master General,

    Tamil nadu circle,

    Chennai -600 002

                                          Sub:- request for informal meeting facility. reg

                                          Ref:-my previous  letter dated 23.03.2013

Respected madam,

On behalf of Tamil circle level , all India  association of Postmaster Cadre, we are glad to inform to the esteemed Chief postmaster General ,TN circle that  we have formed All India Association of Postmaster cadre, Tamil Nadu circle on 10.02.2013 and our office bearer list was already sent on 23.03.2013 for necessary action.


Our All India Central Head Quarters office bearers were meeting our Honorable DDG (P) at Dak Bhavan on 17.04.2013 .In this informal meeting, they discussed various issues of our association. Our CHQ advised us to make an arrangement, to meet with CPMG and discuss our association’s issues through informal meetings.

I request that our association may kindly be given an informal meeting with Circle level and regional levels. Our circle level, Tamil Nadu circle  association of postmaster cadre requests the revered CPMG , TN circle for issuance of directions to all regional PMGs , Tamil Nadu circle to hold informal meeting with regional level representatives  and all divisional head with divisional representatives.

I assure that our association will cooperate with the administration in all aspects and expect the eligible facilities may kindly be extended to us.                

                                  With remaining thanks

22.06.2013                                    

                                       R RAJENDRAN

                                                                                               Circle secretary

                            AIAPC TN circle 

                       CELL 96008  41933 

   

Admit Cards for PM Grade I (Departmental) Examination (30th June 2013)

To view details, please CLICK HERE.