ALL INDIA POSTAL EMPLOYEES UNION - GDS (NFPE) KARNATAKA CIRCLE

Smooth functioning of POSB operations & prevention of frauds in CBS offices

18. No BPM should accept cash deposit transaction for more than Rs.25,000/- in any account in a day. Instructions in this regard should issue by Circles/Regions and Divisions.

20. BO transactions should not be entered in Finacle if BO Bag is received after 3:.30 PM. These transactions should be entered on the next day.

21. All CBS Post Offices should complete their transactions maximum by 5 PM and no new transactions should be entered after 5 PM. All Supervisors should verify transactions regularly without any delay. For any delayed verification of more than 30 minutes, Supervisor will be held responsible except in Single/Double handed offices where it will be 60 minutes.

Tuesday, June 21, 2016

GDS - Compassionate appointment - review of existing point based system of assessing indigence - clarification

DS - Selection process - clarification

NEW DELHI: Government has kept interest rates unchanged for various small savings schemes for the July-October quarter of 2016-17 fiscal.

The Finance Ministry in a statement today said that interest rate on one-year deposits for July-October quarter of this fiscal has been kept unchanged at 7.1 per cent.

Similiarly, interest rate on two-year time deposit, three-year time deposit and five-year time deposit were kept at 7.2 per cent, 7.4 per cent and 7.9 per cent, respectively.

Likewise, interest rate on Public Provident Fund (PPF) scheme, Kisan Vikas Patra Scheme and Sukanya Samriddhi Account Scheme were kept at 8.1 per cent, 7.8 per cent and 8.6 per cent respectively, the Ministry said.

In February this year, the Finance Ministry had announced that small savings interest rates will be set quarterly to align them with market rate of government securities.