...................................... (Associate Member of National Federation of Postal Employees) ......................,................. ......... An organisation born with the ideals of Trade Union democracy and Unity & United struggle for the emancipation of GDS..
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MESSAGE FROM CHQ
Wednesday, January 4, 2017
Tuesday, January 3, 2017
RBI asks banks to ensure 40% notes are supplied to rural areas through rural Banks/Post Offices/ATM
With the note ban impact in rural areas, where mobile phone penetration, especially in terms of making digital payments, is very poor, the public had found it tough to carry on their day-to-day business. (Reuters)
With the note ban impact on larger towns and cities abating fast, the Reserve Bank of India (RBI) has turned its attention to rural India where the situation is still not back anywhere near normal.
Looking to bring relief, the central bank today issued an order saying that sending currency notes to these areas must be speeded up and that the quantity of sums dispatched too must be raised. RBI has put a figure to it too, to ensure there is no confusion. It said that banks must supply at least 40 per cent of currency to rural areas.
In a statement, RBI said, “Banks should advise their currency chests to step up issuance of fresh notes to rural branches of RRBs, DCCBs and commercial banks, white Label ATMs in rural areas & post offices in rural areas on priority basis which are considered main rural channels of distribution.”
With the note ban impact in rural areas, where mobile phone penetration, especially in terms of making digital payments, is very poor, the public had found it tough to carry on their day-to-day business as ATMs and banks did not have enough currency notes to distribute – even wages paid to workers were affected as there was no cash available.
Also, the fact that Rs 2000 note was the most available note added to problems – it was difficult to make small purchases and get change in return from shops.
However, with queues almost disappearing in larger towns and the RBI in fact increasing the daily withdarawal limit to Rs 4,500, the worst of the demonetisation impact on the public is now almost over.
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NFPE & AIPEU-GDS SERVES STRIKE NOTICE ON 05-01-2017
Dear Comrades,
All the affiliated unions of NFPE & AIPEU-GDS Circle Secretaries, Division/Branch Secretaries are requested to serve the copy of strike Notice to the concerning authorities of Department of Posts on 05-01-2017 at all levels to participate in the ensuing nation-wide one day strike on 15th February 2017.
Hold mass demonstrations while serving the strike notice.
Copy of Strike Notice & Charter of Demands :
ATM withdrawal limit change to Rs.4500/- per day is configured in India Post ATM Written By Admin,PoTools on Jan 2, 2017 | 3:51 PM
India Post ATM Machine has been configured by the concerned firm the limit of Rs.4500/- per day. Now, we can withdraw the amount of Rs.4500/- per day by using the Bank ATM in India Post ATM Machine. The patch for the above limit has been executed successfully today.

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POSB - "Anywhere Banking" India Post ATM connected to NPCI Switch successfully
About NPCI
National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).
During the last five years, the organization has grown multi-fold from 2 million transactions a day to 20 million transactions now. From a single service of switching of inter-bank ATM transactions, the range of services has grown to Cheque Clearing, Immediate Payments Service (24x7x365), Automated Clearing House, Electronic Benefit Transfer and a domestic card payment network named RuPay to provide an alternative to international card schemes. As on end-October 2015 over 220 Million Indians own RuPay cards.

31.12.2016 onward POSB Debit Card Holder can withdraw money from any Bank ATM and the same, Any Bank Debit Card Holder can also use India Post ATM. It is major step taken by Government to utilize DOP ATM now a days of Demonetization. The India Post has 1000 working ATM across the country and it can play a big role to reduce burden on Bank ATM.
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