31.12.2016
1)Meeting with the Staff Side(JCM) on the recommendations of the 7th CPC and their implementation
1)Meeting with the Staff Side(JCM) on the recommendations of the 7th CPC and their implementation
2)RTI regarding the workload points of the GDS in AP & Telangana Circle - CIC Video Conference with CH.Laxmi Narayana President NUGDS.
3)Interoperability of POSB debit cards with bank ATMs sarted.
Waiting is over. Now you can use your POSB ATM cards in all nationalized banks ATMs. It is a new year 2017 gift to all POSB customers by India Post.
Important : RBI Instructions to Post Office/Bank Branches on Deposit Old currency notes into banks on 31st Dec 2016
Closure of the scheme of exchange of Specified Bank Notes(SBN) at banks on December 30th 2016
In continuation of trailing mails, please find attached the RBI notification no. DCM (Plg) No.2103/10.27.00/2016-17 dated December 30, 2016 regarding closure of the scheme of exchange of Specified Bank Notes (SBNs) at banks on December 30th 2016. In this connection, following instructions are issued:
1. All Circle/Regional Level control rooms to continue till further orders.
2. With the closure of the facility of deposit of SBNs (WOS banknotes) as at the close of business on December 30, 2016, all Circles should submit a consolidated report (from 10.11.2016 to 30.12.206)in Annexure 3D in addition to the daily reports of today (30.12.2016), to control Room Directorate.
3. The Post Offices which are linked to the Bank Branches having currency chest should deposit SBNs/WOS banknotes by December 31, 2016.
4. SBNs (WOS banknotes) cannot form part of Post Offices cash balances from the close of business as on December 31, 2016.
5. Necessary action may be taken to deposit WOS banknotes today itself in linked banks.
With regards,
Sachin Kishore
Director (CBS)
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Difference between NEFT / RTGS / IMPS ???
NEFT
- No upper limit. Transfer is not immediate.
- Mon to Friday - 8 am to 7 pm - transfer is done in 12 batches
- Saturdays - 8 am to 1 pm - transfer is done in 6 batches.
- Some charges apply (maximum is Rs 25 + service tax)
RTGS
- Meant for large transactions. Minimum amount is 2 lac. No upper limit.
- Transfer is immediate or "real time" during business hours. (usually few minutes, but not necessarily in seconds)
- Monday to Friday - 9 am to 4.30 pm
- Saturdays - 9 am to 1 pm
- Charges : Rs.30 below 5 lac. Or Rs 55 above 5 lac.
New Rules for Cash Deposits made between 9 November - 30 December 2016