Monday, June 29, 2015

RBI may give payment bank licence to postal department in August: Ravi Shankar Prasad

This will enable the network of 1,54,000 post offices (including 1,30,000 rural post offices) to offer banking services to the masses in the country. 

"We expect RBI to give payment bank licence to post (department) in August," Minister of Communications and IT Prasad said. 

In last one year, the Department of Post (DoP) has networked 27,215 post offices into one national unit through computers. 

The DoP, which has applied for a payment bank licence, has a hybrid model in mind to operate Post Bank of India. 

As per RBI guidelines, payment 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 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 notCREDIT CARDS

According to a source, 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," a post bank 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 the server of PBI. 

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

Source:-The Economic 

Saturday, June 27, 2015

Retirements in AP Circle.


The following officers are retiring on 30.06.2015 on superannuation.

1. Sri P.Siddaiah AD  RO Hyderabad,

2. Sri N.Prakasarao SP Ananthapur Dn,

3.Sri T.Krishna ASP (SPC) Hyderabad.

Association wishes them a  happy retired life.

Wednesday, June 24, 2015

Revision in the limit of minimum balance for issuance of ATM/Debit cards to POSB Account holders


Hyderabad CAT case- Updates.


OA No. 296/2014:

As per the information ascertained, the above said CAT case filed by SPs/ASPs relating to grant of GP Rs. 5400- to those who are drawing  GP Rs. 4800- for four years, came for final hearing on 14.07.2015.   

Verification of membership-2015 and authorization.

ATTENTION PLEASE. IMPORTANT COMMUNICATION.


Dear office bearers and members, good morning every body.

As per the instructions from the Chq. and Dte. letter no. 13-012015-SR , declaration forms have been despatched to office bearers as discussed over phone.  All the members are requested to extend co-operation and handover the filled in declaration forms to ASP (Hqrs) in turn declarations will be submitted to divisional head for onward transmission to DDO, before the due date fixed by the directorate.

Tuesday, June 23, 2015

Implementation of "Nanyatha" software in Guntur city to monitor Letter Box clearance




Monday, June 22, 2015

Conducting training on CBS finacle application to SDHs in AP Circle.

The association has taken up with the Circle Office on the above subject.  In reply to the our letter , the Circle Office vide their letter no. FS/CBS/Trg/2015 dated 03.06.2015 replied that so far two batches of executive Awarness programme on CBS Finalce application for group "A" and "B" officers have been conducted at WCTC Humayunnagar  (Hyderabad) from 24.1.2014 to 27.11.2014.  Training to rest of officers  was taken up with the Dte.

We hope that training on Finacle application would be imported within couple of months.

Tuesday, June 16, 2015

Cadre restructuring of Inspector Posts Cadre and merger of ASP cadre in to PS Gr. B cadre- GS addressed DDG



No. GS/AIAIASP/Merger-ASP/2013                                  dated 16/6/2015

To,
Shri Shailendra Dashora,
Dy. Director General (Estt.),
Dak Bhawan, Sansad Marg,
New Delhi 110 001.
         
Subject: Cadre restructuring of Inspector Posts Cadre and merger of ASP cadre in to PS Gr. B cadre…reg.

Ref.      : Dte. File No. 25-35/2011-PE-I dated 3rd December, 2014 & this       
              association letter even no dated 11/5/2015.

Respected Sir,
         
         Kindly recollect the discussion had with the representatives of this Association on 11/6/2015 on the above cited subject. As desired the required information regarding approximately availability of ASPs and ASPs working on adhoc basis in PS Gr. B cadre is as under.

Sl. No.
Name of Circle
ASPs available in circle  (except col.4)
ASPs working as adhoc
PS Gr. B
Total ASPs available  (col.3+4)
1
2
3
4
5
1
Andhra Pradesh
173
4
177
2
Assam
34
10
44
3
Bihar
66
12
78
4
Chhattisgarh
22
0
22
5
Delhi
41
14
55
6
Gujarat
70
7
77
7
Haryana
31
7
38
8
Himachal Pradesh
15
7
22
9
J & K
11
3
14
10
Jharkhand
29
4
33
11
Karnataka
120
2
122
12
Kerala
80
7
87
13
Maharashtra
165
43
208
14
Madhya Pradesh
58
6
64
15
North-East
10
4
14
16
Odisha
58
13
71
17
Punjab
45
5
50
18
Rajasthan
79
10
89
19
Tamil Nadu
190
15
205
20
Uttar Pradesh
113
36
149
21
Uttarakhand
17
3
20
22
West Bengal
94
32
126

Total
1521
244
1765

It is requested to kindly persue the file at the earliest, as other cadres files for cadre structuring have already been sent to Nodal Department/Ministry by the department.
  
With profound regards,
Yours faithfully

Sd/- 
(Vilas Ingale)

General Secretary

Sunday, June 14, 2015

Diet sodas are also deadly: US studyinter-friendly versionSend by email




Representational image
Representational image
 Joining the long list of 'ill-advised' consumer products, diet soda or drinks are linked to cardiovascular issues such as heart attack and stroke in healthy, post-menopausal women, according to a US study whose finding were presented recently at the American College of Cardiology's 63rd annual scientific session in Washington, DC.
Around 60,000 women participated in the study conducted by University of Iowa. It is found that women who consumed two or more diet drinks a day were 30 per cent more likely to experience a cardiovascular event, and 50 per cent more likely to die from a related disease. The researchers emphasized how the association between diet drinks and cardiovascular problems raises more questions than it answers, and "should stimulate further research".
Diet drinks also contain aspartame, which is linked to non-Hodgkin lymphoma and leukemia in men, another study published in American journal of the American society of nephrology said. US National Library of Medicine also determined that long-term consumption of aspartame leads to an imbalance in the antioxidant/pro-oxidant status in the brain. So let us all beware of it and tell to friends about the diet drinks.


Source: Deccan chronicle daily.

membership verification.

Dear friends,

You are all  aware of the information about member ship verification.  Proforma/declaration forms will be supplied  to all of the members for filling and submitting to the office bearers.  All the office bearers are requested to act accordingly and make it success.

By.

President: G.Sivanaga Raju.

Secretary : S.Prasad Rao,

Treasurer : PB Srinivas.