Saturday, 22 August 2015
ug 22, 2015
Communications minister Sri Ravi Shankar Prasad on Thursday said the government will revive the postal department by using over 1.5 lakh post offices for furthering financial inclusion and payments bank is a step towards it.
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Posted by Admin at 7:28 AM
Nowadays there is lot of pressure on the postal staff to promote PO SB schemes and to open PO SB accounts. Postal Directorate has communicated some initiatives which will help in promotion of PO SB schemes.
(Click on Readmore below to view the Initiatives communicated by Postal Directorate)
Posted by Admin at 7:16 AM
Department has filed reply statement in OA No. 296/2014 filed before CAT Hyderabad bench seeking grant of grade pay Rs.5400/- to ASPs who have drawn Rs.4800/- for 4 years. The case is posted to 02.09.2015.
Posted by Admin at 7:04 AM
Aug 21, 2015
2 nd & 4 th Saturday of every month is declared as Public Holiday for BANKS - Orders of Ministry of Finance
It was notified vide Dept of Financial services, Ministry of Finance vide letter dated 20.08.2015 that Banks in India will observe Public Holiday on every second and fourth Saturdays of a month with effect from 01.09.2015.
Posted by Admin at 12:20 PM
The Reserve Bank of India (RBI) on Wednesday gave in-principle approval to 11 entities to open payments banks that will widen the reach of banking services and push the government’s goal of financial inclusion.
The new category of banks, which some experts saidcould prove to be disruptive, will provide basic savings, deposit, payment and remittance services to people without access to the formal banking system.
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Posted by Admin at 8:56 AM
Aug 20, 2015
The minister said that the postal department should prepare itself properly and effectively for this opportunity.
The payments bank licence will enable the Department of Post (DoP) to offer banking services to the masses through its vast network of 1,54,000 post offices, of which 1,30,000 are in rural areas.
"This is a very proud moment for the postal department. I have been trying since I became minister to energise and make the vast network of the department for financial digital inclusion and e-commerce activity," Mr Prasad told PTI.
"I am very happy to learn that the postal department has been given a payment banking permission by the RBI. I thank the RBI, governor and his team," Mr Prasad said.
Source : PTI
Source : PTI
Posted by Admin at 9:08 AM
Posted by Admin at 8:09 AM
Aug 19, 2015
It was clarified by Postal Directorate that the orders on enhancement of cash handling limit of authorised agents issued vide SB Order no 08/2015 dated 10.07.2015 are applicable to all authorized agents i.e SAS/MPKBY.
Click on Readmore below to view the Clarification dated 19.08.2015
Posted by Admin at 6:59 PM
C.O,Hyderabad has ordered Promotions, allotments and Reallotments in the cadre of HSG-I vide CO memo dated ST/4-1(P)/2015/HSG - I/DPC/Corr dated 17.08.2015. 7 HSG-II officials have got promotion to HSG - I(Postal) cadre.
Click on Readmore to view the C.O memo dated 17.08.2015.
Posted by Admin at 6:25 PM