ALL INDIA SAVINGS BANK CONTROL EMPLOYEES UNION, KERALA CIRCLE

With traditional business dwindling, Postal Department looking for new avenues. The Original Equipment Manufacturers (OEMs) and E-commerce companies can soon will be able to tie-up with the India Post, which spread across 1.50 lakh locations across India, to reach out to their customers/potential customers. The India Post, is being modernised with an investment of over Rs 4,900 crore, which will bring all the Postoffices under one net and all the operations will be computerised. On the backdrop of the declining traditional businesses, including transaction of letters and post cards, the India Post is now planning to take a new avatar, with a budgetary support of over Rs 4,900 crore from the Union Government. “In the recent years post offices have started offering various services including courier, parcel and others as the traditional businesses of Post Offices, like letter and post cards were declining”, said the Union Finance Minister P Chidambaram, after inaug

ചെന്നൈ: തപാല്‍ വകുപ്പിന്റെ സേവനങ്ങളുടെ കൂട്ടത്തില്‍ ഇനി എ.ടി.എമ്മും. തപാല്‍ വകുപ്പിന്റെ രാജ്യത്തെ ആദ്യ എടിഎം ചെന്നൈയില്‍ പ്രവര്‍ത്തനം തുടങ്ങി. തപാല്‍ വകുപ്പിനെ ആധുനികവത്കരിക്കുന്നതിന്റെ ഭാഗമായാണ് എടിഎം സേവനം ആരംഭിച്ചിരിക്കുന്നത്. പോസ്റ്റ് ഓഫീസ് സേവിംഗ്‌സ് അക്കൗണ്ടുള്ളവര്‍ക്കാണ് എടിഎമ്മിന്റെ പ്രയോജനം ലഭിക്കുക. തപാല്‍ വകുപ്പിന്റെ ആദ്യ എടിഎം ചെന്നൈയില്‍ ധനമന്ത്രി പി. ചിദംബരം ഉദ്ഘാടനം ചെയ്തു. തപാല്‍ വകുപ്പിന്റെ ആധുനികവത്കരണത്തിനായി 4900 കോടി രൂപ അനുവദിച്ചിട്ടുള്ളതായി പി. ചിദംബരം പറഞ്ഞു. ദില്ലിയിലും മുംബൈയിലുമായി നാല് എടിഎമ്മുകള്‍ കൂടി ഉടന്‍ പ്രവര്‍ത്തനം തുടങ്ങും. ഈ വര്‍ഷവാസനത്തോടെ 1000 എടിഎമ്മുകള്‍ സ്ഥാപിക്കും. 2015ഓടെ രാജ്യവ്യാപകമായി തപാല്‍ വകുപ്പിന്റെ 2500 എടിഎമ്മുകള്‍ പ്രവര്‍ത്തനം തുടങ്ങും. രാജ്യത്തെ പോസ്റ്റ് ഓഫീസുകളെ കോര്‍ ബാങ്കിംഗ് സംവിധാനത്തിന് കീഴില്‍ കൊണ്ടുവരാനും തപാല്‍വകുപ്പ് തയ്യാറെടുക്കുന്നുണ്ട്. തുടക്കത്തില്‍ അക്കൗണ്ടുള്ള പോസ്റ്റ് ഓഫീസിന്റെ എടിഎം മാത്രമേ ഉപയോഗിക്കാനാകു. കോര്‍ ബാങ്കിംഗ് സംവിധാനം നടപ്പാകുന്നതോടെ തപാല്‍ വകുപ്പിന്റെ ഏത് എടിഎമ്മില്‍ നിന്നും നി

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS The Union Cabinet today approved to increase in  Dearness Allowance by 10% to Central Government employees. The rate of Dearness allowance shall be enhanced from the existing rate of 90% to 100%. Revised rates effective from 1.1.2014. Finance Ministry will publish detailed orders regarding this issue within this month.

Applicant should have PASSED Examination of 10+2/12th Class as on Closing date of ONLINE REGISTRATION. Please ensure that you meet all the eligibility criteria specified in the detailed Notification/ Advertisement, before you start filling up the ONLINE Application.   Please keep the following data/ details ready before you start filling up the ONLINE Application Form:   Date of birth, Year of passing of qualifying Examination of 10+2/12th class, a valid and active E-mail ID, Scanned copy of your recent Photograph in JPG/JPEG format with white background (min size 10 KB and max size 20 KB) and Signature (Use Black Sketch Pen to Sign; min size 5 KB and max size 10 KB) in JPG/JPEG format. Please read Notification / Advertisement, Vacancies, Instructions & FAQ before filling up the Application. In the Registration process you have to do following steps as detailed in the Instruction Sheet: A: Fill UP Application form F: LOGIN USING REGISTRA

Country's First Post Office Savings Bank ATM   inaugurated by Shri P. Chidambaram, Hon'ble Union Finance Minister, Govt. of India on Thursday the 27th February 2014 at Thyagaraya Nagar Head Post Office , Shivagnanam Road, T'Nagar, Chennai,  Tamilnadu - 600017.  In order to meet the requirements and needs of the I.T modernization project, Infosys Core banking Solution (CBS) will be implemented across India covering all the Post offices.         Core Banking Solution (CBS) - FINACLE is networking all the Post offices which enable customers to operate their accounts and avail Account related services from any Post offices on CBS network regardless of where he/she maintains his/her account. The customer is no more the customer of a particular Post office. He becomes the Post office Savings Bank (POSB) customer. Thus CBS is a step towards enhancing customer convenience through “Anywhere and Anytime Banking”. As Finacle is integrated to all the banks in course o

Effective Dates DA Rates 01.01.2014 100% (Expected) 01.07.2013 90% 01.01.2013 80% 01.07.2012 72% 01.01.2012 65% 01.07.2011 58% 01.01.2011 51% 01.07.2010 45% 01.01.2010 35% 01.07.2009 27% 01.01.2009 22% 01.07.2008 16% 01.01.2008 12% 01.07.2007 9% 01.01.2007 6% 01.07.2006 2% 01.01.2006 0% Rates of Dearness Allowance

Centre may raise age of retirement by 2 years to 62 General elections' dates may be notified on March 5  The Congress-led United Progressive Alliance (UPA) is likely to take a major decision of increasing the retirement age of Central government employees by two years, from 60 to 62 this week. This would be applicable from March 1. It would be one of the major decisions to be taken by the Cabinet before the model code of conduct for the general elections kicks in. In the Thursday meeting, the Cabinet is also likely to recommend dates for the elections. These could be notified on March 5.  "The government may clear the increase in age this week," said a source. It is likely to be a part of the terms of reference of the Seventh Pay Commission, expected to file its report in 2017. The panel, however, can recommend an interim relief through the move.  The increase in retirement age would be happening after 15 years. In 1998, it was increased

Government of India, Ministry of Communications & Information Technology, Departments of Posts has issued recruitment notification for the post of Sorting Assistants / Postal Assistants (Savings Bank Control Organization) / Postal Assistants (Circle And Regional Offices) / Postal Assistants (Returned Letter Offices) And Postal Assistants (Mail Motor Services) in various Postal /RMS Divisions and Administrative offices in Kerala Postal Circle. Eligible candidates can apply though online from 26-02-2014 to 27-03-2014. More details about age, qualification,registration, selection process etc are given below. Organization Name: Kerala Postal Circle, Trivandrum Number of Vacancies: 385 Name of the Post: Postal Assistant : 233 posts (OC-129, SC-25, ST-1, OBC-78) Sorting Assistant : 97 posts (OC-49, SC-10, ST-2, OBC-36) Postal Assistant in Saving banks Control Organization : 3 posts (OC-2, OBC-1) Postal Assistant in Circle/Regional Offices : 40 posts (OC-20, SC-7,

NEW DELHI: The committee on new bank licences submitted its recommendations to the Reserve Bank of India (RBI) on Tuesday after scrutinizing the applications.  The four-member committee headed by former RBI governor Jalan submitted its report after meeting for the last time. The panel had first met last November 1.  There are 25 applicants. State-run non-banking financial companies (NBFCs) like LIC Housing Finance and IDFC, Anil Ambani promoted Reliance Capital and Bajaj Finance are some of the prominent firms in the race.  RBI had constituted the Jalan committee to examine the criteria, business plans, corporate governance practices of applicants.  Muthoot Finance, Religare Enterprises, L&T Finance Holdings and India Bulls Housing Finance Ltd. are among the other companies who have applied for licences.  Tata Sons, the holding company of the Tata group, withdrew its application in November last year.  Mahindra & Mahindra Financial Services de

New Delhi, Feb 25 (PTI ) The Union Cabinet is likely to approve hiking dearness allowance to 100 per cent from existing 90 per cent benefiting 50 lakh employees and 30 lakh pensioners in it meeting scheduled on Friday. "The Union Cabinet will take a proposal to hike Dearness allowance for its employees and dearness relief for its pensioners to 100 per cent this Friday as per agenda listed for the meeting," a source said.

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     1. Postal Assistants 2. Sorting Assistants 3. Postal Assistants (MMS) 4. Postal Assistants (Savings Bank Control Organization – SBCO) In central government jobs, postal department jobs have significance as they have to closely move with people. You can engage in these posts mere with 10+2 qualification. If you could show your ability in written examination you can directly enter in these government jobs. As written test is Main, the competition will be definitely high.  Selection Process: The candidates for the Postal Assistant posts are selected through Paper-1 (Objective type) and Paper-2 (Skill Test).   Paper-1 details: Subject Questions Marks Part-A General Knowledge 25 25 Part-B Mathematics 25 25 Part-C English Language, Grammar 25 25 Part-D Reasoning and analytical ability 25 25 Examination Time: 2 hours Total questions: 100 for 100 marks

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This week may bring cheer to central employees and pensioners Central Govt. employees and pensioners will find reasons to celebrate this week. The union cabinet is likely to clear some long awaited demands for it's staff in the next meeting later this week The F.M., currently on foreign tour, likely to return India on 26th February and after which cabinet meeting is likely to take place. According to information available with us, merger of 50% D.A., an additional hike of 10% D.A. from 01.01.2014, granting of Interim Relief and enhancing retirement age to 62 years are under the consideration of Govt. and some of these are to be approved in the next cabinet meeting. As the notification of loksabha poll may be issued in the first week of March, this would be the last cabinet meeting before the code of conduct comes into force. So the central employees and pensioners may definitely hope for some bonanza to be announced this week.

Friends…. Good News for all Postal/Sorting Assistant Aspirants. Finally after long wait Notification for Direct recruitment of Postal/Sorting Assistant for the year 2013-2014 is out. Centralised notification has been published by Recruitment Division of Department of Posts, Ministry of Communications & Information Technology vide their letter No. F. No. A-34012/10/2014-DE dated 21-02-2014. Last Recruitment for PA/SA was called during August 2012 for filling up the vacancies for 2011 and 2012. Examination was held in different phases during April 2013 to September 2013 and results were published during October-December 2013. Now this notification is for filling up the vacancies for 2013 and 2014. The detailed notification read as follows: NOTIFICATION   Applications are invited from the eligible applicants for filling up of posts of Postal Assistants/Sorting Assistants/Postal Assistants (Savings Bank Control organization)/Postal Assistants (Foreign Post Or

The government on Tuesday said Bimal Jalan panel which is scrutinising applications for new bank licences is expected to complete its work by March 2014.  "The (Jalan) committee is expected to complete its work by the first quarter of the year 2014 and submit its report along with recommendations to RBI," Minister of State for Finance Namo Narain Meena said in a written reply to the Rajya Sabha.  Thereafter, RBI will take a decision to issue in-principle approval for setting up of banks by the eligible applicants, he said.  RBI constituted a high level advisory committee under the chairmanship of for RBI Governor Jalan for screening of 25 applications for new banks in the private sector.  The guidelines for setting up new banks in private sector was issued in February 2013. The last day for receipt of applications was July 1, 2013, he said in reply to another question.  In all, he said, RBI has received 27 applications, out of which two applic