!-- Whatsapp Share Buttons Start -->

Latest Updates / Blogroll

.... AIPEU GROUP - 'C' IS TO CONDUCT ALL ITS STRUGGLE PROGRAMMES UNDER THE BANNER OF POSTAL JCA ....

.... THE JCA SUBMMITTED THE MEMORANDUM TO 7TH CPC ON 23.7.2014 ....

…. NFPE & GDS (NFPE) FILED A CASE IN SUPREME COURT PRAYING : IMPLEMENTATION OF 1977 JUDGEMENT AND DECLARE GDS ARE CIVIL SERVANTS & SCRAP THE GDS (CONDUCT & ENGAGEMENT) RULES 2011 AS THEY ARE INVALID AND UNCONSTITUTIONAL ....

…. SUPREME COURT DIRECTED THE CASE TO DELHI HIGH COURT .. FIRST HEARING WAS ON 13-01-2014 AND PLEASED TO SERVE NOTICE TO GOVT. & DEPARTMENT....

.... NEXT HEARING ON 07-05-2014 NEXT HEARING ON 07-05-2014 ....

APPEAL

APPEAL

UNION SUBSCRIPTION

.... AIPEU GROUP - 'C' UNION SUBSCRIPTION DETAILS ....

.... ALL INDIA UNION / CHQ QUOTA = RS 13 + CIRCLE UNION QUOTA = RS 12 + DIVISIONAL / BRANCH UNION QUOTA = RS 25, TOTAL = RS 50....
.... AIPEU POSTMEN & MTS UNION SUBSCRIPTION DETAILS ....


.... NFPE = Rs 2 + ALL INDIA UNION / CHQ QUOTA = RS 10 + CIRCLE UNION QUOTA = RS 10 + DIVISIONAL / BRANCH UNION QUOTA = RS 18, TOTAL = RS 40....

DHENKANAL POSTAL DIVISION AT A GLANCE

Thursday, December 1, 2016

Banks brace for salary withdrawals; ATMs still dry

Given cash shortages with banks, and ATMs running dry, bankers fear a surge in rush.
Banks are bracing up to face a huge rush in the coming days as people will queue up at branches across the country to withdraw salaries with a large number of ATMs remaining dry even 21 days after the demonetisation of Rs. 500 and Rs. 1000 notes.
People are likely to throng at bank branches on December 1 as central and state governments credit salaries and pensions to millions of accounts. At the central level alone, there are around 50 lakh employees and 58 lakh pensioners.
Bankers said the government’s move last week to provide Rs 10,000 in advance to non-gazetted staff may provide only a slight relief.
Given cash shortages with banks, and ATMs running dry, bankers fear a surge in rush.
Many banks have made ‘SOS calls’ to the Reserve Bank for additional cash for the first few days of December to meet the initial rush of people, already fatigued standing in unending queues to exchange/deposit old notes and make limited withdrawals over the past three weeks after the demonetisation was announced on November 8.
Banks have to make additional arrangement including security deployment, said a senior banker of Canara Bank.
Many of them are contemplating to set up additional counters for withdrawal to meet the rush.
Despite recalibration of nearly 70 per cent of ATMs do not have cash, while people are struggling with the problem of change as the operational ones dispense mostly high denomination Rs 2,000 notes.
Nearly 21 days after Prime Minister Narendra Modi announced cancellation of legal tender of old Rs 500/1000 currency notes, small traders, truckers and construction workers are facing hardships in going about their business.
Due to sowing of rabi crop, the focus of the government has now shifted to rural areas, which means urban centres are feeling the cash squeeze.
Sources said funds are being made available in rural and semi-urban pockets so that farmers get adequate cash for sowing rabi crop.
There are also reports that banks in major metros are getting less than their cash requirement leading to chaos at the branches.
The RBI Governor Urjit Patel had earlier said that the central bank is monitoring the situation on a daily basis and taking all necessary actions to “ease the genuine pain of citizens” with a clear intent to normalise the things as early as possible.
Source : http://www.thehindu.com/

0 comments:

Post a Comment

IS GENERATOR FUNCTIONAL AT YOUR POST OFFICE ?

IS EARTHING DONE AT YOUR POST OFFICE ?

IS UPS FUNCTIONAL AND GIVING BACK UP AT YOUR POST OFFICE ?

IS THERE A SEPARATE SERVER COMPUTER AT YOUR POST OFFICE ?

IS CASH COUNTING MACHINE AVAILABLE AT YOUR POST OFFICE ?

IS VACUUM CLEANER AVAILABLE AT YOUR POST OFFICE ?

IS THERE ANY SECURITY WATCHMAN AT YOUR POST OFFICE ?

IS FAKE NOTE DETECTOR AVAILABLE AT YOUR POST OFFICE ?

About

ALL THE INFORMATION PUBLISHED IN THIS WEBPAGE IS SUBMITTED BY USERS OR FREE TO DOWNLOAD ON THE INTERNET. I MAKE NO REPRESENTATIONS AS TO ACCURACY, COMPLETENESS, CURRECTNESS, SUITABILITY OR VALIDITY OF ANY INFORMATION ON THIS PAGE AND WILL NOT BE LIABLE FOR ANY ERRORS, OMISSIONS OR DELAYS IN THIS INFORMATION OR ANY LOSSES, INJURIES OR DAMAGES ARISING FROM ITS DISPLAY OR USE. ALL INFORMATION IS PROVIDED ON AN AS-IS BASIS. ALL THE OTHER PAGES YOU VISIT THROUGH THE HYPER LINKS MAY HAVE DIFFERENT PRIVACY POLICIES. IF ANYBODY FEELS THAT HIS/HER DATA HAS BEEN ILLEGALLY PUT IN THIS WEBPAGE OR IF YOU ARE THE RIGHTFUL OWNER OF ANY MATERIAL AND WANT IT REMOVED PLEASE EMAIL ME AT "suryamadhu.talk@gmail.com" AND I WILL REMOVE IT IMMEDIATELY ON DEMAND. ALL THE OTHER STANDARD DISCLAIMERS, TERMS AND CONDITIONS OF TRADEMARK, REGISTERED COPY RIGHT, PATENT ALSO APPLY.
COPY RIGHTS RESERVED WITH AIPEU P3, DHENKANAL DIVISION ( R ) / ( T ) : 2014 : PIONEERS OF THE TRADE UNION MOVEMENT