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

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Friday, 14 June 2013


             Shri.Madhavan, GDS BPM, Reddiarpatti a/w Perumalpuram SO passes away today. Our Divisional Union pays deep homage to him and convey heartfelt condolence to his family.

Thursday, 13 June 2013

Dot, dash, full stop: Telegram service ends July 15

Coming July 15, one of India’s oldest communication services — the telegram — will become history. Financial constraints have forced the Bharat Sanchar Nigam Ltd to wind up the telegraphic service, which would be remembered mainly as a historically inexpensive but relatively quick method of sending alerts related to births, deaths and emergency situations.
“The growing use of mobile phones and Internet has led to steep decline in the usage of the telegraphic service…it [the telegram] has become financially unviable. After stopping telegram service for overseas communication earlier this year, we have now decided to discontinue it for the domestic market from July 15. The BSNL Board has already approved it. Final clearance is now being sought from the Department of Telecommunications,” a senior BSNL official told The Hindu .
In India, the first telegraph message was transmitted live through electrical signals between Calcutta (now Kolkata) and Diamond Harbour, a distance of about 50 km, on November 5, 1850; and the service was opened for the general public in February 1855.
Over the years, the BSNL made several technical upgrades in the telegraph service, with the latest being the introduction of a web-based messaging system in 2010. However, growing Internet penetration and cheaper mobile phones in the last decade have kept people away from the 182 telegraph offices across the country.
“In May 2011, we revised telegram charges after six decades to arrest declining revenues…but it did not work. It is estimated that the BSNL is suffering an annual loss of Rs.300 - 400 crore from its telegraph service alone. As it has virtually become redundant, it is prudent to shut it down. However, there will be no job cuts and all those working in telegraph offices will perform other jobs related to telephone and Internet services,” the official added. The BSNL’s financial performance in recent years has been alarming. From a profit of Rs. 575 crore in 2008-09, the telecom giant has been reporting massive losses for the last three years.
Source : The Hindu

Results for MTS Examination for the year 2012 held on 26/05/2013

           கடந்த 26.05.2013 அன்று நடைபெற்ற MTS தேர்விற்க்கான RESULT வெளியிடப்பட்டுள்ளது. அதில் நமது அஞ்சல் மூன்றின் கோட்ட உதவி செயலாளர் திரு அந்தோணி பிச்சை அவர்களின் புதல்வன் திரு தேவ ஸ்ரின் உதயன் அவர்கள் GDS BPM, Sankanankulam BO வெற்றி பெற்றுள்ளார் அவருக்கு நமது மனமார்ந்த வாழ்த்துக்கள்.
அனைவரும் தங்கள் மதிப்பெண்களையும் தெரிந்து கொள்ள
பார்க்கவும் கீழே உள்ள தொடர்ப்பை
மேலும் விவரங்களுக்கு இங்கே சொடுக்கவும்

Meeting with Member (P) and officers

Yesterday the General Secretary along with President Sri Rajat S Das and B.Sivakumar AGS met  Member (P) and concerned Directors and discussed about the problems of HSG I and Postmaster cadres, officiating pay to those officials officiating in HSG I & HSG II. the Member(P) responded positively. After calling options from HSG I officials for the Postmaster grade III the effect on the Postmaster grade II officials were also discussed. Please await further course of decisions.

Shri.Kisan Rao General Secretary

Monday, 10 June 2013

DoP to move cabinet note to apply for bank licence

MUMBAI: The Department of Posts will move a Cabinet note in order to apply for a banking license by the stipulated deadline of July 1, a senior official has said, even as a top Finance Ministry went public with doubts over the efficacy of the post office being converted into a bank. 
"We are moving a cabinet note now and after that we will be applying for the licence. After the cabinet note, we will go ahead with setting up the bank," Postal Services Board's member, planning, Suneeta Trivedi, told PTI here. 
Trivedi asserted that the Department will be making the application by July 1, which is the last date set by the Reserve Bank for receiving applications.
The department of Posts has engaged consultancy firm Ernst & Young for helping it at the application stage by creating the "whole concept" of the bank and has already gathered all the know-how to enter the fray. 
However, Department of Financial Services Secretary Rajiv Takru seemed to be not so much interested at the prospect of India Posts entering the banking fray. 
There is a lot more to banking than merely having the reach and opening savings accounts, he told reporters, adding that it also involves very complex things at the back end and seemed to suggest that a Japan-like case, where the postal department has a bank, may not work in the country. 
When asked about the same, Trivdei said, "We have worked out all on the know how, about everything. There is nothing like that" and added that there is no rethink on the part of the Postal department. 
Sector watchers suggest that if financial inclusion is the ultimate aim in granting new licenses in this round, the entry of the department will be highly beneficial to the agenda being pursued by the Reserve Bank and the Government.

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