PACKING OF PARCELS - IPO RULES AMENDED

"A parcel wrapped with cloth should invariably either be packed in a carton or be covered with paper or plastic wrapper over the cloth wrapping so that the bar code sticker can be properly affixed on the parcel for track and trace purpose”. 

To view the Gazette notification , CLICK HERE

India Post needs to apply afresh to Reserve Bank of India for bank licence

NEW DELHI: India Post will have to apply afresh to the Reserve Bank under differential licence guidelines if it wishes to start banking operations. According to sources, aspirants, including the Department of Post, will have to apply once again after guidelines on differential bank licences are issued in the next few months. 

India Post was one among the 25 unsuccessful contenders for new bank licences. The Reserve Bank of India (RBI) last month granted licences only to IDFC and Bandhan Financial Services Pvt Ltd. 

The applicants also included state-run IFCI and private sector Anil Ambani group and Aditya Birla group, Bajaj Finance, Muthoot Finance, Religare Enterprises and Shriram Capital. Recently, RBI Governor Raghuram Rajan had said it is committed to freeing entry in banking. 

"We just announced two new commercial bank licences after a rigorous vetting process. We are examining this experience, and after making appropriate changes, will announce a more regular process of giving licences - what has been termed licenses on tap," he had said At present, there are 27 public sector banks and 22 private sector lenders in the country. 

TAMILNADU Circle : Direct Recruitment Examination for Multi-Tasking Staff ( MTS )

Government of India

Ministry Communications & Information Technology,

Department of Posts,

Office of the Chief Postmaster General, Tamil Nadu Circle

No.REP/83-1/MTS/DR/2014 VOL I                                                      Dated: the 26, May, 2014

PUBLIC NOTICE

Direct Recruitment Examination for Multi-Tasking Staff in TAMILNADU (Postal Circle)

          Tamilnadu Postal Circle issued a notification No. REP/83-1/MTS/DR/2014 in local newspaper, The New Indian Express & Dinamani dated 03-02-2014 for Multi-Tasking Staff  Direct  Recruitment  Examination,  2014. It is hereby intimated that the  Examination  in  Tamilnadu  Postal  Circle  will be  held  on  Sunday,  01st    June,  2014 (From 10.00 AM to 12.00 NOON). The admit cards are despatched to  the  eligible candidates through speed post from the office of concerned Division/Unit for which they have applied.

            The list showing the details of admitted/rejected candidates for each Division/Unit will be displayed in the website www.tamilnadupost.nic.in. A copy will also be displayed in the office of the respective Division/Unit. Candidates may check the status of their applications.

Chief Postmaster General,

Tamilnadu Circle, Chennai 600 002.

Source & More Info : http://www.tamilnadupost.nic.in/rec/notif2014.htm 

Supplementary Inspection Questionnaire of HO / SO and BO relating to CBS.

CLICK HERE to view the Supplementary Inspection Questionnaire of HO / SO and BO relating t0 CBS communicated vide Postal Directorate letter no 16-01/2013-Inspn dated 15.05.2014.

This set of questions is supplementary to existing Inspection Questionnaire of HO / SO / BO. It is reiterated that these questions are in addition to existing questions laid down in the present questionnaire.

Postal Exam (PA / SA) - Update as on 19/05/2014

Postal Exam (PA / SA) -  Update as on 19/05/2014 

Schedule of Examination (Paper I) for the following Postal Circles is as follows:

Postal Circles	Exam Date	Exam Time
Uttar Pradesh (30)	01-June 2014	11:00AM to 01:00 PM
Gujrat (16)	01-June 2014	02:00 PM to 04:00 PM

   

    Candidates may download the Admit Cards for above stated Postal Circles by Logging into the website. Please keep visiting the website for exam schedules for other Postal Circles & updates.

7th Pay Commission Ready for Online Survey

Intends to Gather Suggestions via Web Survey: The 7th Pay Commission is all set to utilize the power of the internet. The decision, to not confine itself to just the opinions of the Central Government officials and various employees federations and instead gather feedback from all employees, is a very appreciable one.

The Central Government appointed the 7th Central Pay Commission on February 28, 2014, comprising Justice Shri Ashok Kumar Mathur as Chairman, Shri Vivek Rae as full time Member, Dr. Ratin Roy as part time Member and Smt. Meena Agarwal as Secretary and enumerated a list of tasks for the Commission. To examine various issues relating to emoluments’ structure, retirement benefits and other service conditions of Central Government employees and to make recommendations on the changes required.

IMPORTANT BANKING ABBREVIATIONS

1. NABARD - National Bank for Agricultural & Rural Development
2. RTGS - Real Time Gross Settlement
3. NEFT - National Electronic Fund Transfer
4. NAV - Net Asset Value
5. NPA - Non Performing Asset

6. ASBA - Account Supported by Blocked Amount
7. BIFR - Board for Industrial and Financial Reconstruction
8. CAMELS - Capital Adequacy, Asset Quality, Management Earnings, Liquidity, Systems & Controls
9. BCSBI - Banking Codes & Standard Board of India

PA/SA EXAM COMPLETE ANSWER KEY - 2014

Click the required Circle Answer key given below

Punjab Circle Answer Key Exam held on 18.05.2014

Jammu and Kashmir Circle Answer Key Exam held on 18.05.2014

MAHARASHTRA CIRCLE PA / SA EXAM COMPLETE ANSWER KEY - EXAM HELD ON 11/05/2014

TAMILNADU CIRCLE PA / SA EXAM COMPLETE ANSWER KEY - EXAM HELD ON 11/05/2014

MAHARASHTRA CIRCLE - ANSWER KEY FOR PA SA DIRECT RECRUITMENT EXAMINATION 2014

ASSAM CIRCLE PA/SA EXAM COMPLETE KEY HELD ON 27/04/2014

DELHI CIRCLE PA/SA EXAM COMPLETE KEY HELD ON 27/04/2014

HARYANA CIRCLE PA /SA EXAM COMPLETE KEY HELD ON 27/04/2014

RAJASTHAN CIRCLE PA/SA EXAM COMPLETE KEY HELD ON 27/04/2014

KARNATAKA CIRCLE PA /SA EXAM COMPLETE KEY HELD ON 27/04/2014

Answer Key of PA/SA Exam held in Kerala Circle on 27/04/2014

Fixation of pay on promotion to a post carrying higher duties and responsibilities but carrying the same grade pay.

In many divisions, Postmaster Grade officials got their one notional increment, if their promotion grade pay is same as feed cadre grade pay. Please expedite the same in all divisions to get the notional increment.

No.10/02/2011.E.III/A

Government of India

Ministry of Finance

Department of Expenditure

New Delhi, the 7th January, 2013

OFFICE MEMORANDUM

Subject:- Fixation of pay on promotion to a post carrying higher duties and responsibilities but carrying the same grade pay.

The undersigned is directed to invite an attention to the provisions contained in Rule 13 of the CCS(RP) Rules, 2008, which provides for the method of fixation of pay on promotion on or after 1.1.2006 in case. inter-alia, of promotion from one grade pay to another. The Rule provides for fixation of pay by way of addition of one increment equal to 3% of the sum of the pay in the pay band and the existing grade pay (rounded off to the next multiple of 10)to the existing pay in the pay band and then fixing the pay in the promotional post as per the procedure prescribed therein.

TN Circle - P.O. & RMS ACCOUNTANT VACANCY DETAILS