The Interest rates for Deposits is again lowered by 0.1% from 1st July 17

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Saturday, 8 June 2013

Children Educational Allowance - Clarification regarding "Term Fee"

Friday, 7 June 2013

பணிசிறக்க வாழ்த்துகிறோம்.

     Tamilnadu Circle NFPE P3 யின் கும்பகோணம் மாநில மாநாட்டில் மாநில உதவி செயலாளராக தேர்ந்தெடுக்கப்பட்டுள்ள எம் நெல்லை மண்ணின் மைந்தர்கள் திரு R.V.தியாகராஜ பாண்டியன் 
திரு S.K.ஜேக்கப் ராஜ் ஆகியோர் பணிசிறக்க வாழ்த்துகிறோம்.
--  தேசிய சங்கம் நெல்லை   

Shri G.K Padmanabhan Passed AWAY........

Shri G.K Padmanabhan former  Secretary General FNPO expired on 06/06/2013 at New Delhi . His contribution towards betterment of postal  workers service conditions will be remembered by and all for the years to come . All FNPO -Tirunelveli Branch Unions convey heartfelt condolences to breaved family

Thursday, 6 June 2013

No decision on central staff retirement age on cabinet meeting:

                Though a number of newspapers and websites did spread the news that cabinet is likely to enhance central employees' retirement age by two years today, nothing of this kind has been announced after the cabinet meeting held on 04.06.2013. 

              As per information available with us, the Govt. has already taken in principle decision to extend the service for two more years and DOPT has begun to work to implement the same.

             The formal announcement is yet to be made but will be within this year definitely.

Wednesday, 5 June 2013

Meeting the Chief Engineer Metro Water for Teynampet Staff Quarters

  Our Tamilnadu Circle secretary met the Chief Engineer ,Chennai Metro water, Sri.T.V.Prabhakar Rao on 31-05-2013 and explained the problem in supply of drinking water in Teynampet  Dr.Subbarayan Nagar P&T staff quarters in person, in turn, the Chief Engineer took the action immediately for the regular supply of drinking water. Accordingly,now, the water supply is normal and regular. 
 Thanks to the Metro water Administration.

Letter to Chief Engineer is reproduced below.

Tuesday, 4 June 2013

Brief Report on Federal Working Committee

Monday, 3 June 2013

RBI releases clarifications to the queries on the Guidelines for Licensing of New Banks in the Private Sector

           The Reserve Bank of India today released on its website, clarifications to queries on the Guidelines for Licensing of New Banks in the Private Sector.
               The Reserve Bank of India released the Guidelines for Licensing of New Banks in the Private Sector on its website on February 22, 2013. Following the issue of the guidelines, RBI issued a press release on March 7, 2013 inviting queries from intending applicants seeking clarifications on the guidelines and also stated that considering that the clarifications provided would be of wider interest and use for all intending applicants, the Reserve Bank would post the clarifications on its website.
In all, RBI has received 443 queries from 34 individuals/ organisations. Upto the end of March 31, 2013, RBI had received 71 queries from 9 individuals/ organisations. As many as 330 queries from 19 individuals/ organisations were received between 5th to 10th April, 2013, of which 240 queries from 10 individuals/ organisations were received on April 10, 2013, i.e. on the last date. Further, 42 queries were received after April 10, 2013. The clarifications to all the queries have been provided. A few queries have been clubbed with other related queries for the sake of clarity and continuity.
A good number of queries have brought out issues relating to the provisions in the guidelines on the eligible promoters, ‘fit and proper’ criteria, corporate structure of the Non-Operative Financial Holding Company (NOFHC), foreign shareholding and on transition time to the new structure. While interpreting the replies, it must be kept in view that though the replies are specific to the questions, these must be seen in the wider context of the guidelines.
What’s New:
Validity period of the in-principle approval
As per the guidelines for licensing of new banks in the private sector issued vide RBI Press Release dated February 22, 2013, the validity of the in-principle approval for setting up of the NOFHC / bank was one year from the date of issue and would lapse automatically, thereafter.
The queries received from intending applicants brought out several complex issues pertaining to re-organisation of the existing corporate structure, restructuring of businesses and meeting the regulatory requirements. In the above context, RBI has been requested to clarify as to whether it would provide more time for a smooth transition from the existing structures to that prescribed in the guidelines as also for meeting the regulatory requirements. It has therefore, been decided to extend the validity period of the in-principle approval from one year to 18 months. Accordingly, the provisions at para 4(K) (vi) of the guidelines stand modified. It is expected that this would provide sufficient time for the Promoters/Promoter Group to comply with the various stipulations in the guidelines and the terms and conditions that would be set out while granting the in-principle approvals to successful applicants.
Applicability of norms of other regulators
Some of the provisions in the guidelines relate to Non-operative Financial Holding Company (NOFHC) structure which envisages holding of the bank and other regulated financial services entities of the Promoters/Promoter Group under the NOFHC and prudential exposure norms for the regulated entities. These requirements overlap with regulatory norms prescribed by other sectoral regulators like SEBI and IRDA. In this regard, queries were raised on adherence to different sector specific requirements. Such issues were examined in consultation with SEBI and IRDA. It has been decided that while the structure prescribed in the guidelines is the preferred structure, the intending applicants should approach the other financial sector regulators for bringing the entities regulated by them under the NOFHC. Their decision in this regard would prevail. Therefore, at the minimum, the proposed bank and all RBI regulated entities will necessarily be under the NOFHC.
Ajit Prasad
Assistant General Manager
Press Release : 2012-2013/2022

நாமும் வாழ்த்துவோம் !!

இந்திய பிரதமரை "வணக்கம்' தெரிவிக்க வைத்த ஜப்பான் தமிழறிஞர் நொபுரூ கராஷிமா. ஜப்பானியத் தமிழறிஞர் நொபுரூ கராஷிமாவுக்கு, டோக்கியோ நகரத்தில் இந்தியப் பிரதமர் "பத்மஸ்ரீ' விருது வழங்கினார்

தமிழை நேசிக்கும் அந்த ஜப்பானியர், தள்ளாத வயதில் சக்கர நாற்காலியில் மேடைக்கு அழைத்து வரப்பட்டபோது, இருகரம் கூப்பி "வணக்கம்' என்று சொன்னதும், பிரதமர் சிரித்துக்கொண்டே அவருக்குத் தமிழில் "வணக்கம்' தெரிவித்ததும் நெகிழ்ச்சியான நிமிடங்கள்.
இந்தியப் பிரதமரை அந்நிய மண்ணில் "வணக்கம்' தெரிவிக்க வைத்தமைக்கே, அந்த மாமனிதருக்கு நாம் ஆயிரம் வணக்கங்கள் தெரிவிக்கலாம்.
கரகோஷத்துக்கு இடையே தனக்கு வழங்கப்பட்ட "பத்மஸ்ரீ' விருதைப் பெற்றுக்கொண்ட நொபுரூ கராஷிமா, "நன்றி' என்று நல்ல தமிழில் கூறியபோது மீண்டும் கரகோஷம். டோக்கியோ நகரில் தமிழ் ஒலித்தது கேட்டு, மகிழ்ச்சியே !

முனைவர் நொபுரூ கராஷிமா சாதாரண அறிஞர் அல்லர். டோக்கியோ பல்கலைக்கழகத்தில் பேராசிரியர். ஜப்பானிலுள்ள டாய்ஷோ பல்கலைக்கழகத்தின் இந்தியவியல் துறையின் பேராசிரியர்.

சீனக் கடற்கரையோரங்களில் 9 முதல் 13-ஆம் நூற்றாண்டுகளுக்கு இடையிலான பல தமிழ்க் கல்வெட்டுகள் இருப்பதைக் கண்டறிந்தவர்.

"தென்னிந்திய சரித்திரமும் சமுதாயமும்' என்கிற இவரது புத்தகம் கி.பி. 850-1800 ஆண்டுகளுக்கு இடைப்பட்ட காலத்தைச் சேர்ந்த கல்வெட்டுகளின் ஆராய்ச்சி நூல்.
விஜயநகரப் பேரரசின் கீழ் தென்னிந்திய சரித்திரம், இந்திய சரித்திரத்தில் அரசுமுறை முதலிய பல படைப்புகளுக்குச் சொந்தக்காரர்.

நம்மிடையே வாழும் தலைசிறந்த உண்மையான தமிழறிஞர்களுள் ஒருவர்.
தமிழுக்குப் பெருமை சேர்த்த ஜப்பானிய அறிஞரை, இந்தியப் பிரதமரே தேடிப்போய் "பத்மஸ்ரீ' விருது வழங்கி கெüரவிக்கிறார்.

நமது தமிழகத்திலுள்ள தமிழ், ஆங்கிலப் பத்திரிகைகளில் இது முதற்பக்கச் செய்தியாக வந்திருக்க வேண்டாமா? தமிழுக்கு இவர்கள் தரும் மரியாதை இதுதானா?

(தினமணியில் கலாரசிகன்)

RBI to clarify on new Bank licensing norms on today

KOLKATA: Reserve Bank of India said it will answer the queries on new bank licensing guidelines on June 3, leaving nearly a month for the aspirants to submit applications.
The banking regulator had issued guidelines for licensing of new private banks on February 22, 2013. It has told the interest parties to submit applications by July 1. 
RBI had received several queries regarding the guidelines from the interested entities. It said it would post the clarifications on its website.
Private entities or groups, entities in public sector and non-banking financial companies are eligible to apply for banking licence.

Aditya Birla Group, Larsen & Toubro, Mahindra & Mahindra, government-owned India Post and Life Insurance Corporation of India are among the entities which are keen to apply for banking license.  
RBI said it had received a large number of queries from the aspirants seeking clarifications on the guidelines. ""The queries have since been examined and the clarifications would be posted on the RBI website on June 03, 2013,"" it said. 

Source :

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