Execution of SCS - SI entries for 30/06/2013 |
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Saturday, 29 June 2013
SCS-SI entry issue/ Patch released
Friday, 28 June 2013
India Post applies for bank licence
MUMBAI: With the Reserve Bank of India's deadline for applying for a bank licence fast approaching, the number of companies that have joined the list is rising. IndiaInfoline, Bajaj Finserv and the India Post are among the recent entities that have joined the ranks of licence seekers.
"Bajaj Finserv Ltd has submitted its application to Reserve Bank of India on June 26, 2013 for a Licence to commence banking business in terms of section 22 of the Banking Companies Act, 1949. It is proposed to do this by converting its subsidiary Bajaj Finance Ltd into a Bank in terms of RBI Guidelines for Licensing of New Banks in the Private Sector dated February 22, 2013" the company said in a statement.
Although the postal department has been expressing its ambitions to float a bank for long, RBI would have to create a special dispensation for India Post as it does not fit into several of the criteria prescribed by the central bank. Besides the prescribed norms, the postal department would face a huge challenge in putting in place a core banking solution that would facilitate a centralized view of all its accounts. However, there are many who feel that the postal department is ideally suited to spread RBI's objectives of financial inclusion. The department already mobilizes small investments through the postal saving scheme and it has a network that is larger than any bank.
Saturday, 22 June 2013
iMO URL CHANGED
iMO URL : https://indiapostimo.gov.in/nic is changed tohttps://indiapostimo.gov.in/
*iMO Help Desk says that now iMO software will works in internet explorer 8 or higher versions only.
Monday, 17 June 2013
"No plan to increase retirement age of employees"- PTI Report
New Delhi, Jun 16 (PTI) Central government employees are in for a disappointment as the Centre is at present not considering any move to raise the retirement age to 62 years.
A senior official in the Ministry of Personnel, Public Grievances and Pensions, which acts as nodal department for personnel matters, said there was no such proposal to increase the age for superannuation of government employees.
"There is no proposal to increase the retirement age to 62 from 60 years".
Source: PTI News
Thursday, 13 June 2013
BSNL decided to shut down 160-year-old telegram services from July 15
Smartphones, emails and SMS seem to have pushed the humble telegram service to a quiet corner with the BSNL deciding to discontinue the 160-year-old telegraph service from July 15. Once the main source of quick and urgent communication, the service delivered many happy and sad news to people spread all over the country.
But with the advent of technology and newer means of communication, the telegram found itself edged out. As per a circular issued by Shameem Akhtar, Sr. General Manager (Telegraph Services) Bharat Sanchar Nigam Ltd (BSNL) Corporate office, New Delhi, the telegraph service is to be discontinued with effect from July 15, 2013.
The circular sent to various telecom district and circle offices as per the instruction of a competent authority denotes that telegram services will be closed from July 15 and as a result all telegraph offices under the management of BSNL will have to stop booking telegrams from that date. The circular has also directed the telecom offices to maintain the log books, service messages, delivery slips only for six months from the date of bookings. However, complaints, press reports and other messages from different consumer forum are to be kept for one year.
Sources at BSNL Delhi said, “We had asked the government to support the service as it was not commercially viable and the government said the BSNL board should decide on it.
Saturday, 1 June 2013
First Indiapost ATM at Bangalore
Post office saving bank account holders in Bangalore can experience new ATM card facilities shortly
BANGALORE, INDIA: When you hear 'ATM', what is the first thing that you relate to it? I am sure, many of us, including me, relate it to savings bank ATM card.
How about an ATM card similar to a debit card/ATM card issued by a bank for postal account? Sounds different right?
Yes, the Department of Posts, in an effort to provide enhanced solutions to its customers is all set to launch the first Automated teller Machine (ATM) in Bangalore GPO premises shortly, through a core banking solution.
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