Shri. Riju Ganguli DPS (HQ) has been transferred to Gauhati region (Assam circle). He has been always judicious, sweet and co operative to all unions and extended his help in settlement of most of the genuine issues. We will always remember him. We convey our best wishes for successful and glittering performance at new place also.
Saturday, June 29, 2013
DIVISIONAL WORKING COMMITTEE MEETING OF AHMEDABAD CITY DIVISION TO BE HELD ON 2ND JULY 2013
Divisional Working Committee meeting of Ahmedabad City division will be held on 02.07.13 evening. Com.S.K.Vaishnav Circle President and Circle Secretary will attend the meeting.
Ex. Divisional Secretary has not handed over any receipt books/accounts/balance to the present body and also huge amount collected during April 2010 to July 2012 has been held by him without any justification and also no quota has been remitted to Circle/CHQ/Federation ignoring number of notices for the purpose. As per our calculation Approx. Rs.4,20,000/- has been pocketed and therefore the Divisional Working Committee is likely to decide further line of action in the matter.
FOUR MONTHLY MEETING AT CIRCLE OFFICE ON 27TH JUNE 2013
Four Monthly meeting was held after a very long gap of 13 months at Circle office on 27th June, 2013. CPMG, All Regional PMGs and DPS (HQ) were present from official side. All Circle Secretaries of NFPE Unions were also present. Several items were discussed in a cordial atmosphere. Minutes of the meeting will be published as and when received from Circle Office.
Dept. of Posts applies for banking licence
TODAY'S PAPER » BUSINESS
NEW DELHI, June 28, 2013
The Department of Posts, on Thursday, submitted an application before the Reserve Bank of India (RBI) for a licence to offer full-fledged banking services.
“We have approached the RBI today [Thursday], and hopefully having met all the conditions of RBI, an in-principle approval might be given. If it is given, I think, it will be a revolutionary step because it will bring banking, subject to Cabinet approval, to the doorstep of the ordinary man in this country,” Telecom and IT Minister Kapil Sibal told PTI.
The RBI is in the process of granting fresh banking licences and has set July 1 as the deadline for applying.
The Department of Posts has plans to start 50 bank branches in the first year and scale it to a total of 150 branched in five years.
The Department of Posts has started inter-ministerial consultations for seeking Cabinet approval on around Rs.1,900 crore fund requirement to start Post Banks. The total amount includes Rs.500 crore paid-up capital required under new banking licence guidelines. — PTI
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