Monday, February 25, 2013

REVISION OF PPO OF PRE-2006 PENSIONERS/FAMILY PENSIONERS - (I) EVEN IF AGE/DATE OF BIRTH OF SPOUSE IS NOT AVAILABLE, (II) MODEL ADVERTISEMENT FOR USE BY MINISTRIES/DEPARTMENTS.(Click the link below for details)
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SERVICE TAX –ADMISSIBILITY OF SERVICE TAX ON SALE OF SPACE OR TIME FOR PRINTING OF ADVERTISEMENTS ON ITEMS OF POSTAL STATIONERIES INCLUDING MEGHDOOT POSTCARDS.{CLICK HERE FOR DETAILS}
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REVISION IN STANDARD TENDER DOCUMENT FOR CARRIAGE OF MAIL BY PRIVATE MAIL MOTOR SERVICE {CLICK HERE FOR DETAILS}
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FACILITY OF SUBMISSION OF LIFE CERTIFICATE TO ANY BRANCH OF CBS BANK AND SIMPLIFICATION OF PENSIONER’S BANK ACCOUNT PORTABILITY PROCEDURE: CPAO INSTRUCTIONS TO BANKS {CLICK HERE FOR DETAILS}
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REVISION OF CEILING RATES AND GUIDELINES FOR VARIOUS CORONARY STENTS FOR CGHS/CS (MA) BENEFICIARIES. {CLICK HERE FOR DETAILS}

TO FIX TIMELINE FOR REDRESSAL OF GRIEVANCES. (Click the link below for details}
 

Coming soon, Post Bank of India


The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record.

Consultant appointed

Sources said the Department of Posts, which has a strong foot print in rural areas, has appointed Ernst and Young (E&Y) as the consultant for the proposed ‘Post Bank’

“Ernst and Young is expected to submit a detailed project report by April, after which all the necessary measures will be taken up to apply for banking licence,” a source at the Ministry of Communications and Information Technology told PTI.

The sources added that the Department of Post (DoP) might need Cabinet approval for setting up Post Bank of India.

Of the 1.55 lakh post offices in the country, around 24,000 district offices may be ready to offer banking services in the next two years.

The DoP is in process of setting up 1,000 ATMs.

“Post Bank shall not only take care of the banking needs of the rural poor but shall also converge with micro-insurance and micro-remittance services of the DoP,” the source said.

As per data shared with Parliament, there were over 26 crore operational small savings accounts in post offices as on March 31, 2012, having deposits worth Rs.1.9 lakh crore.

Courtesy – The Hindu, 23rd Feb, 2013