Review of guidelines for issue & review of Inspection Report – Department of Posts F.No. 17-01/2018-Inspn. Government of India Ministry of Communications Department of Posts (Inspection Division) Dak Bhawan, Sansad Marg New Delhi, dated 05.10.2018 To All Heads of Postal Circles All Directors. Postal Twining Centres Director, RAKNPA Army Postal Service Directorate, New Delhi Subject:    Review of guidelines for issue & review of Inspection Report. In supersession of all previous orders on the subject issued from time to time, the following guidelines will be followed with immediate effect for issue and review of Inspection Reports :- Inspection Reports of Post Offices/Mail Offices/other Offices should be issued by strictly observing the following periodicity :- S.no No. of days mandated for inspection/verification of an office Period within which IR should be issued from the date of commencement of Inspection 1 1 day 15 days 2 2days & below 8 days 3...

Cabinet Cabinet approves Revised Cost Estimate for setting up of India Post Payments Bank Boost to Banking Services at Post Offices across the country 29 AUG 2018 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for revision of the project outlay for setting up of India Post Payments Bank (IPPB) from Rs. 800 crore to Rs. 1,435 crore. The additional sum of Rs. 635 crore in the revised cost estimates is on account of Rs 400 crore for Technology Costs and Rs 235 crore for Human Resource Costs. Details: IPPB services shall be available at 650 IPPB branches and 3250 Access Points from 1st September 2018 and in all 1.55 lakh post offices (Access Points) by December 2018. The project will generate new employment opportunity for about 3500 skilled banking professionals and other entities engaged in propagating financial literacy across the country. The objective of the project is to build the most accessible, affordable and trusted bank for the c...

IPPB A total of 12 India Post payment banks would come up in the 12 districts under Trichy postal division including two in the district before September this year, the director of postal services, central region, A Thomas Lourduraj has said. He also revealed that the region had seen a growth of 8.87 per cent during 2017-18 compared to the previous year in overall business. According to him, 37 payment banks would be established across the state. In an effort to provide banking services to the people, particularly in rural areas, the Union government had announced the establishment of 650 payment banks. He was speaking at a function to declare open the Trichy postal division’s migration to Core System Integration platform. The head post offices, sub-post offices and branch offices would be linked to the payment banks. The banks would provide banking services like savings accounts, payment and remittance services. However, they would not offer loans or credit cards, they said. ATMs hav...

Ministry of Communications India Post Payments Bank (IPPB) to enable Digital Payments in Post Offices by April 2018 India Post Payments Bank (IPPB) Expansion Programme continues to make brisk progress and a nation-wide roll-out is scheduled beginning April 2018. No decision has been taken to revise the timelines as reported in some sections of the media on Tuesday, 06th February 2018. Once the proposed expansion is completed, IPPB will be providing the largest financial inclusion network in the country, covering both urban as well as rural hinterland with ability to provide digital payment services at the doorstep with the help of Postmen and GraminDakSewaks (GDS). IPPB will also enable more than 17 crore active account-holders of Post Office Savings Bank to make interoperable digital payments including the benefit of NEFT, RTGS, UPI and bill payment services. Additionally, the IPPB will enable acceptance of digital payments across post offices in the country in line with the digital p...