BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, August 20, 2016

50 companies including World Bank, Deutsche Bank and Barclays keen on associating with Postal Bank: Ravi Shankar Prasad

Around 50 companies including global banking institutions, like the World Bank, Deutsche Bank and Barclays, have expressed eagerness to be associated with the Centre's postal payments bank initiative, Union Minister Ravi Shankar Prasad said today 

"We will begin postal payments banking service from September 16, wherein 1.3 lakh postmen will be given hand-held devices, a moving ATM to provide banking services, insurance, money-order, as well as third-party service," Information Technology Minister said after inaugurating an incubation centre at the Software Technology Parks of India (STPI) here. 

"Some 50 companies, including World Bank, Deutsche Bank, Swiss Bank, Barclays, want to be associated with us," said the senior BJP leader. 

The Union Cabinet in June had cleared the proposal for postal payments banks with a corpus of Rs 800 crore. The proposal is to set up 650 branches of postal payments banks. 

Prasad said his ministry is taking up several initiatives to use IT and related services to improve the services, and asked IT experts to use government services through the STPI to innovate in this direction. 

"We will also begin virtual classroom facility so that we can use technology to offer better education through virtual classrooms. As a pilot project, 3,500 government schools schools will be given the facility, of which 770 schools are from Gujarat," Prasad added. 
 
The minister also spoke about the government initiative to set up BPOs in smaller centres in the country. 

"We have started BPO scheme to encourage small centres for call centres, BPOs. We started 48,000 call centres/BPOs and will provide subsidy of Rs 1 lakh for call centres in smaller centres. We are creating a platform across the country for that," Prasad said. 

"IT applications will be used for pensioners, distributing scholarships. We want to make India the IT power hub of the world," said the minister. 

Prasad later visited Bardoli from where freedom fighter Sardar Patel had started his historic 'Satyagrah' against the British rule. 

The minister took a dig at the Congress for delaying by 41 years to confer Bharat Ratna on Sardar Patel. 

"Sardar Patel died in 1950, and was conferred Bharat Ratna in 1991. Rahulji (Rahul Gandhi) and Soniaji (Sonia Gandhi) must answer as to why they took 41 years for this. Neither has a single family made India independent, nor has a single family been behind taking the country forward," he said. 
 

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