India Post has applied for banking licence and is among the other 26 companies like, Reliance, Tata, Birla etc. who applied for Banking licence. If grnated licence by RBI, licencee Bank has to start its operations within 18 months besides depositing requisite funds.Let Us all hope India Post will get licence.
Department in Memo No 9-1/2005-WSI/PE-I dated 5.2.2010 has revised the norms for Postmen establishment as follows. The revised norms will also be applicable for GDS MD as per note below Rule 106 of Volume VI Part III. The Head of Circles and Regional PMsG are requested to undertake a review of the implementation of revised norms after six months and provide the for assessing the impact of new norms and undetaking a fresh review if considered necessary. Sl No Item Congested areas in Minutes Less congested areas in minutes Remarks 1 Delivery of unregistered mail (other than in multistoried buildings) 0.72 0.72 - 2 Delivery of unregistered mail in multistoried buildings 0.42 0.42 Note 1 below 3 Delivery of unregistered mail in bulk 2.00 for delivery of seven articles 2.00 for delivery of seven articles Note 2 below 4 Registered and Parcel mail (includin...
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