111Postal Blogs

working in CSI environment  Thursday, May 17, 2018 General instructions for working in CSI environment-reg. This is regarding General Instructions to be followed for working in CSIenvironment.The Head of the Offices are hereby directed to strictly follow the following instructions for proper functioning of offices in vigilance angle until further orders. At Post Office level: Daily account submission to Account Office: 1.    A Manual Rough book of SO and its BO's should be maintained on day-to-day basis. 2.    CSI System Generated Sub Office Daily Account along with TCB and BO Manual Daily Account and BO daily account generated in CSI environment should be sent to its Account office along with the vouchers and reports through Account bag without delay. 3.    At the end of the day POS cash should be zero and physical cash should tally with DOP Cash i.e, the daily account closing balance and DOP cash closing balance should be tallied. POS cash balance Zero at the end of the day can b

Payments Banks Struggling for Existence with Limited Scope In 2015, the Reserve Bank (RBI) gave in-principle approval for 11 entities to set up a different lender entity, termed ‘payments banks’. The objective was to establish new entities that could facilitate digital payments with minimal friction and bring more people into the banking system’s fold. Three years later, these seem to be struggling to carve and retain a niche for themselves. In fact, three — Cholamandalam Distribution Services, Sun Pharmaceutical and Tech Mahindra — surrendered their licences without starting operations. Of the rest, Reliance’s Jio payments bank was launched last month. India Post has had a soft launch and is yet to start full operations. Currently, only three have completed more than six months of operation in the space — Fino Payments Bank, Airtel Payments Bank and Paytm. Fino started with the broadest base, of 410 branches across 14 states, 25,000 banking points across the country and sees a little

Get your order on single click - small android app developed by Ketan Joshi Hi      If you are doing small business like Tea stall, Nasta house, or Tiffin services etc where your regular customers needs to call you frequently to place order..      Then The following app is perfect for you to digitise your way of ordering.. Using this app, your customer can place order with you on just one click..    This app can be costomised for your business where you are providing door step services..                                   Download  Kindly test this app. And suggest me positive improvements also.. Thanks