Friday, May 29, 2015

Retirement in the month of May 2015 in Karnataka Circle

     Following ASP/PSS Gr. B officers are retiring from Govt. Service on superannuation on 31/5/2015

Sl. No.
Name of Officer
Circle
1
Venkatesha Murthy
PTC Mysore
2
V F Bannad
Asst Director o/o PMG NK Region Dharwad
3
G C Yaligar
Asst Director o/o PMG NK Region Dharwad
4
B S Nagaraj
SPO Udupi Dn Udupi
5
B V Sonth
ASP Raichur Sub Dn Raichur.
                  
  We wish all the officers a very happy, healthy and peaceful long retired life....

By, President, Circle Secretary, office bearers & members AIAIPASP Karnataka Circle...

5 financial frauds you need to keep an eye on before you hand out your account details

By Preeti Kulkarni, ET Bureau

Despite several regulatory and technological safeguards being put in place to prevent frauds in the banking space, they continue unabated. The only safeguards customers can rely on are awareness and constant vigilance. 


A few months ago, VN Kulkarni, chief credit counsellor at the Bank of India-backed Abhay Credit Counselling Centre came across a case of credit card fraud involving a 25-year-old victim. "He got a call from someone claiming to be a senior officer from the bank. He was told that as part of due diligence of all card holders, he had to disclose all the card-related information, including the password, failing which the card would be deactivated within five minutes," says Kulkarni. 

Unfortunately, he fell prey to the tactic. "Within ten minutes of sharing this information, entire amount from his account was utilised. Going to the cyber cell or the police did not yield results and the banker, too, took the stand that since card was in his possession, he was responsible for the transaction," he adds. 

This is not an isolated case. Many banking customers get tricked into the revealing sensitive information like their CVV number or the PIN over the phone or emails. This apart, victims also unwittingly end up helping fraudsters in their mission by storing their passwords in mobile phones and computers or believing tall claims. 

Last month, the Reserve Bank of India cautioned bank customers against using the 'RBI' mobile app, a tool with the central bank logo that claimed to be an 'All Bank Balance Enquiry No'. "Members of public are, therefore, advised to use the application, if at all, at their own risk," the RBI alert stated. 

To counter various online and card-related frauds, the banking regulator and banks have taken a series of measures, the latest being the RBI's decision to ask banks to issue new cards using the chip-and-PIN technology. Starting September 1, all new cards - debit and credit, domestic and international - issued by banks will come with an embedded chip (that can be seen on the face of the card), and you will need to enter your Personal Identification Number (PIN) each time your swipe your card at a merchant terminal to make purchases. 

However, all the measures will yield the desired results only if you are aware of the types of frauds and alert enough to avert them. 
Here are financial frauds you need to be aware of: 

1) Card from the 'Reserve Bank of India' The Reserve Bank India (RBI) has, in the past, issued an alert, drawing customers' attention to a credit card scam where fraudsters issue cards in the name of the central bank. This is how it works: Initially, the 'RBI' credit card allows withdrawal of small amount of money -- this is just a ruse to get the users to deposit a large sum in a bank account linked to the card. Predictably, the card stops working after this transaction and the fraudster, too, is unreachable. 

2) Congratulatory messages or offers from 'RBI' According to the banking regulator, fraudsters posing as RBI officials have, over phone or e-mail, made fictitious offers of transferring large amounts or lottery winnings. The modus operandi is simple: Victims are told that they are eligible for a huge sum or have won a lottery, but need to deposit a 'small' transaction or processing fee into a bank account to facilitate the transfer. 
Once the victim transfers this amount in hope of receiving a larger sum, the caller becomes incommunicado after transferring the money abroad. "To lend credence to such offers, the communication is often sent on/from letterheads/websites that appear to be like that of some public authorities like the Reserve Bank of India. The offers are purportedly signed by top executives/senior officials of such authorities. While the names of the officials might be correct, their signatures are fake," noted RBI's caution to the public at large. Fictitious offers have been made even in the name of RBI governor Raghuram Rajan, International Monetary Fund (IMF), income tax authorities and so on. 

3) Fake Reserve Bank website for online transactions Another fraud perpetrated in RBI's name, this came to light when RBI issued an alert last year. It sought to draw customers' attention to fake websites with URL address similar to RBI's that had sprung up. "It has come to the notice of the Reserve Bank of India today that a fake website has been created at www .rbi-inonline.org/savings.html by some unknown persons offering various banking facilities and asking members of public to apply on-line for opening 'RBI Savings Account'," the cautionary note pointed out. The objective of creating such links is to steal your sensitive bank and credit card details and misuse the same to siphon off your funds. Remember, RBI's only website goes by the URL www .rbi.org.in 

4) Calls for customer verification This is perhaps the most commonly used trick to elicit personal information from unsuspecting users. Typically, emails sent from fraudulent IDs masquerading as official ones from banks seek such information from accountholders. The purpose stated is 'customer verification'. Once you provide the information, it is used to make purchases on your behalf or withdraw funds from your account. Such emails have been sent by fraudsters posing as RBI, too. 

A few months ago, the central bank had advised customers against responding to mails from no-reply@rbi.com which attempted to trick them into revealing sensitive data. The email claimed that the RBI was offering online security protection to reduce frauds in the system. Again, the purpose was to misuse the information. Merely clicking on the link would result in identity theft. 

5) Frauds at POS terminals While the introduction of chip-based cards and additional PIN for debit card transactions has made card-present transactions more secure, negligence at your end can bring these security measures to a naught. "If you hand over your card to the attendant at a restaurant with your CVV number, you are putting your card security at risk.

In fact, I have come across cases where the cardholders had even divulged the second factor authentication (PIN required to be keyed in on the swipe machine)," says Kumar Karpe, CEO, Techprocess, payment processing company. Your information can easily be misused to duplicate your card. According to Karpe, frauds also take place in organisations when employees are not at their desk. 

"Cards get stolen from the wallets and also replaced later after duplicating them. Many users tend to store their PIN in their mobile phones or maintain passwords that are easy to crack like birthdays, mother's name and so on, making the task easier for fraudsters," he says. 

Be Alert Fraudsters rely on gullibility of banking customers to extract sensitive information that can compromise their accounts or lure them into depositing money into accounts where the holder's name sounds authentic. In case of both 'RBI' card and money transfer offers, remember, RBI will never contact you for such schemes. It neither issues a credit card nor asks for fee to facilitate any transaction. The central bank or any other regulator will never contact you asking for fees or any personal, account or card-related information, neither will your bank. The RBI, too, will never contact the public via unsolicited phone calls or emails asking for money or any other type of personal information. It does not maintain individuals' accounts or extend loans to them. Similarly, no bank will ask for such sensitive information. 

Besides, you need to follow basic hygiene during both card-present and card-not-present transactions. Wherever available, use the one-time-password (OTP) option for second factor authentication. "When you are transacting at POS terminals, wipe the keypad after you are done, if possible," says Karpe.
In case of online transactions, register your number with the card issuer. Similarly, use the virtual keypad facility to prevent capturing of keystrokes on compromised computers. Look for secure websites starting with 'https' and avoid carrying out transactions while using free
Wi-Fi. Make sure your passwords are not your date of birth, pincode or close relatives' or pets' names.




Source :The Economic Times

Revision of Service Tax on PLI w.e.f 01.06.2015 - PLI Directorate order

PLI Directorate decided to increase the service tax on PLI with effect from 01.06.2015. The rates of Service Tax got upward revision as under vide Government of India, Ministry of Finance, Department of Revenue Notification No 5/2015-Service tax dt. 01-03-2015.

  •     Revised ST For First year Premium is 3.50% (revised from 3.09%)
  •     Revised ST for Renewal Premium is 1.75% (revised from 1.545%)

There will be no Cess on Service Tax

The revised rates of ST shall be applicable w.e.f 01.06.2015 as per Government of India, Ministry of Finance , Department of Revenue Notification No 15/2015- Service tax dt. 19.05.2015
The order issued by PLI Directorate regarding this subject is given below for reference.


List of Banks using Finacle Worldwide

Finacle is the universal banking solution of choice of all leading banks and large regional banks across the world. Leading universal, retail and corporate banks worldwide leverage the power of Finacle to transform their business. 

Banks using Finacle Platform  are spread across 78 countries globally from Far East Asia to Middle East and Western Europe as the following stats depicts.
Following Banks are using Finacle , The list is large but we brought you some of leading Banks using this Platform.

  • India Post
  • ALEXBANK, 
  • ANZ BANK, 
  • ARAB NATIONAL BANK,
  • BANK DHOFAR, 
  • CO-OPERATIVE FINANCIAL SERVICES, 
  • CREDIT SUISSE, 
  • DBS BANK, 
  • EMIRATES BANK, 
  • FIRST BANK OF NIGERIA,
  • HATTON NATIONAL BANK, 
  • ICICI BANK, 
  • NATIONAL AUSTRALIA GROUP EUROPE, 
  • NYKREDIT, 
  • POSTBANK UGANDA LTD,
  • RAIFFEISSENBANK, 
  • SOCIÉTÉ GÉNÉRALE
  • ZURICH FINANCIAL SERVICES.
  • ABN AMRO 
  • NATIONAL COMMERCIAL BANK OF SAUDI ARABIA 
  • MIZUHO CORPORATE BANK
  • FEDERAL BANK
  • BANK OF INDIA
  • BANK OF BARODA
  • ANDHRA BANK
  • PUNJAB NATIONAL BANK
  • UNION BANK OF INDIA
  • IDBI BANK
  • INDUSIND BANK
  • SBI INTERNATIONAL OPERATION
  • VIJAYA BANK
  • UCO BANK
  • ING Vysya Bank Ltd.
  • Oriental Bank Of Commerce

Courtesy : http://finaclesolution.blogspot.in/

Wednesday, May 27, 2015

Pay fixation of direct recruit Assistants appointed after 1.1.2006- Stepping up of pay of DRs with reference to the pay of junior promotee Assistants- Clarification


Induction Training of Inspector Posts(Departmental Candidates) at PTC Darbhanga from 29/06/2015 to 26/09/2015



Connecting rural India- Network-connected handheld devices for postal delivery soon

The Department of Posts is likely to soon start a Rs 1,370-crore mega project that will allow India's 1.3 lakh postmen in rural regions to use network-connected handheld terminals for postal delivery.


The project, awarded last year to a consortium that includes state-run Telecom Consultants of India (TCIL), system integrator Ricoh India and Hyderabad-based VisionTek, which provides handheld devices, was delayed due to unavailability of components. 

Big IT companies such as HP and Wipro were also in the running for the contract rolled out by the ministry of communications & information technology. 

"Based on terminal devices on network, the DoP initiative is likely to happen later this month. The project was delayed as the private company took time to deliver the components," TCIL's chairman and managing director Vimal Wakhlu told ET. 

The devices will have a biometric module to authenticate an individual's identity using the Aadhaar number, solar-powered panel for charging terminals and a thermal printer to instantly print receipts. "This is completely an indigenous project, including devices and components, and strengthens the concept of `Make in India'," said Wakhlu. 

The initiative is aimed at preventing postal losses and minimizing procedural delays. The service will require a digital signature of the addressee that can be automatically transferred to a central server and an acknowledgement sent to the person. 

TCIL is roping in state-owned telecom operator Bharat Sanchar Nigam Ltd for providing network connectivity. 

The movement of postmen can be tracked using GPS on this device. It will help monitor the entire system and ensure more efficiency as post offices play a vital role in India's rural economy, Wakhlu said. "This programme is a step towards financial inclusion of the people of rural India as it will facilitate financial transactions. Money can be delivered and accepted through this device, with proper bank account and receipts delivery," he said. 

Ricoh will act as the systems integrator, managing installations, maintaining hardware and supplying peripheral devices for the project. 

"We have won the Rs 1,370-crore contract from DoP for the supply of hardware solutions under the department's modernization initiatives. Ricoh will be providing maintenance services for rural ICT devices for a period of five years," said Ricoh India's managing director Manoj Kumar.


Source:-The Times of India

Tuesday, May 26, 2015

Letters to CPMG Karnataka Circle


All India Association of Inspector Posts and Assistant Superintendent Posts, Karnataka Circle

Naveen. Chander
[President]
Assistant Supdt Posts Bantwal Sub Division, Bantwal, Puttur Division
Manjunatha. Hubballi
[Circle Secretary]
Assistant Supdt Posts Haver Sub Division, Haveri-581110
Joseph. Rodrigues
[Circle Treasurer]
Assistant Supdt Posts (HQ) o/o SSPO’s Mangalore Division Mangalore







No:IP/ASP/1-6/2015                       @ Haveri                                          the                     22.05.2015
To,
Sri M S Ramanujam IPoS
Chief Postmaster General
Karnataka Circle
Bangalore-560001

Subject:  Filling up of the vacant ASP posts in the Circle reg

Respected sir,

                     This is regarding considering the request of IP’s and filling up of the vacant ASP posts in the circle.

                Many ASP posts are lying vacant in the circle for a long period. This is affecting the divisional administration and additional burden to the existing officers. Since more emphasis is being given to business and our circle is pilot circle for IT modernization project 2012 and having top position in all the fields, the vacant posts in the division are hurdle to achieve the allotted target and pressurize the existing officers.

Hence I request you to kindly take action to fill up the vacant posts at the earliest for better performance of the divisions and to give enhanced service to the members of public .    

Thanking you sir,
                                                                                                                  Yours sincerely,

Sd/-
 (Manjunatha G Hubballi)
Circle Secretary AIA IP&ASP                                       Karnataka Circle




All India Association of Inspector Posts and Assistant Superintendent Posts, Karnataka Circle

Naveen. Chander
[President]
Assistant Supdt Posts Bantwal Sub Division, Bantwal, Puttur Division
Manjunatha. Hubballi
[Circle Secretary]
Assistant Supdt Posts Haver Sub Division, Haveri-581110
Joseph. Rodrigues
[Circle Treasurer]
Assistant Supdt Posts (HQ) o/o SSPO’s Mangalore Division Mangalore






No:IP/ASP/1-5/2015                       @ Haveri                                          the                     22.05.2015
To,
Sri M S Ramanujam IPoS
Chief Postmaster General
Karnataka Circle
Bangalore-560001

Subject:  Filling up of the vacant PSS Gr “B” posts in the Circle reg

Respected sir,

                     This is regarding filling up of the vacant PSS Gr “B” posts in the circle.

                Many PSS Gr “B” posts are lying vacant in the circle for longer period for various reasons. This will affect the administration and additional burden to the existing officers.

Hence I request you to kindly take action to fill up the vacant posts on ad hoc basis at the earliest.     

Thanking you sir,
                                                                                                                  Yours sincerely,

Sd/-
 (Manjunatha G Hubballi)
Circle Secretary AIA IP&ASP            Karnataka Circle







All India Association of Inspector Posts and Assistant Superintendent Posts, Karnataka Circle
Naveen. Chander
[President]
Assistant Supdt Posts Bantwal Sub Division, Bantwal, Puttur Division
Manjunatha. Hubballi
[Circle Secretary]
Assistant Supdt Posts Haver Sub Division, Haveri-581110
Joseph. Rodrigues
[Circle Treasurer]
Assistant Supdt Posts (HQ) o/o SSPO’s Mangalore Division Mangalore






No:IP/ASP/1-4/2015                       @ Haveri                                          the                     22.05.2015
To,
Sri M S Ramanujam IPoS
Chief Postmaster General
Karnataka Circle
Bangalore-560001

Subject:  Request to consider the re allotment of ASP’s from region to region –reg

Respected sir,
                     This is regarding the considering the request of ASP’s from North Karnataka Region to Bangalore Region.
                The following ASPs are working in North Karnataka Region from the dates shown against each. The request of officers is pending since long time. Respected CPMG sir has assured to consider the request of ASP’s for re allotment during last four monthly meeting. But unfortunately the requests of the officers are still pending.
Sl No
Name of the officer
Date from which working in NK Region
1.
Sri Nagaraj Rao designated ASP Hubli West Sub Division Hubli under Dharwad Division
May 2012
2
Sri Shridhar Ayyar ASP INV o/o PMG North Karnataka Region Dharwad
May 2011
3
Sri P V Damodar ASP (HQ) o/o SPO’s Raichur Division Raichur
May 2013
                All these officers on promotion to ASP cadre allotted to North Karnataka Region, and still working in NK Region. After all ASP’s are also having family and you will appreciate the fact that any normal human being would like to be with the family or at least near to his family. The above mentioned officers are working in NK Region leaving behind their family in Bangalore for their children’s education and parents’ health purpose.
Hence I request you to consider all these factors on humanity ground and consider the request of ASP’s for re allotment to Bangalore region & place of their choice so that they can show better performance in their place of choice in the ensuing days.    
Thanking you sir,
                                                                                                                    Yours sincerely,
Sd/-
 (Manjunatha G Hubballi)
Circle Secretary AIA IP&ASP                                       Karnataka Circle