Latest news on India Post

Loading...

Saturday, April 18, 2015

Cadre restructuring of Inspector Posts cadre

No. 25-35/2011-PE-I
Government of India Ministry of Communications & IT
Department of Posts
(PE-I Section)
 Dak Bhawan, Sansad Marg, 
New Delhi – 110 001 

Dated: 15th April, 2015

 To, 

All Heads of Circles,

Subject: Collection of information in respect of IPOs/ASPs for the proposed cadre Restructuring.

Sir/Madam,

With reference to the above mentioned subject, the undersigned is directed to call 
for the following information:

S. No.
Particulars of Information required

(i)
No. of GPOs having Class-I status

(ii)
No. of HPOs having Class-I status


The above information may kindly be furnished by  16th  April,  2015 positively by return e-mail at adgestt1@indiapost.gov.in and FAX No. 011- 23096189.

  
Yours faithfully,

Sd/-
(Tarun Mittal) 
Assistant Director General (PE-I)
Tele: 011-2303 6239

Summary of Post Offices

Clarification regarding application of FR 49 - regarding.

                                    To view please CLICK HERE

Directorate circulated DA order


Selection for the post of Assistant Director at PTC, Saharanpur

Central Civil Services ( Conduct ) Rules, 1964 and the Lokpal and Lokayuktas Act, 2013 - Submission of declaration of assets and liabilities by the public Servants for each year - regarding

India Post to set up hybrid model Post Bank with separate employees


According to a source, Communications and IT Minister Ravi Shankar Prasad has approved hybrid model suggested by Ernst & Young which prepared detailed project report on Post Bank of India (PBI).

"E&Y has come out with three models but suggested preference to a hybrid model. Under which about 600 branches will be directly operated by PBI staff in post office premises and transactions in other parts of the country will be supported by India post staff," the official said.

Post Bank of India is proposed to have its own employees and IT infrastructure. The transaction handled by India Post employees will be entered in to computer server of PBI.

The Department expects revenue of over Rs 550 crore from PBI in first 5 years.

"India Post will earn from every transaction it will carry out for PBI and rents that it will get from its branches. India Post financial services like saving account, postal life insurance will continue as it is," the official said.

The Department of Posts (DoP) will soon seek Cabinet approval for Rs 240 crore for setting up Post Bank of India.

The DoP has plans to set up Post Bank of India under payments bank licence. The Reserve Bank of India has already issued licensing norms for niche banks -- payments banks and small banks.
As per RBI guidelines, payments banks would offer a limited range of products such as demand deposits and remittances. They will not be allowed to undertake lending activities and will be initially be restricted to holding a maximum balance of Rs 1 lakh per individual customer.

They will be allowed to issue ATM or debit cards as also other prepaid payment instruments, but not credit cards.

The DoP will evaluate its five year performance as payments bank and then it will take call of setting up full-fledged banking service

Source : Post Bank of India