Saturday, 31 December 2016
Tuesday, 27 December 2016
Saturday, 24 December 2016
Monday, 19 December 2016
Deposit of Specified Bank Notes (SBNs) Limited to Rs.5000/- once during the remaining period till December 30, 2016- RBI
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes) - Deposit of Specified Bank Notes (SBNs) into bank accounts
Yours faithfully
RBI/2016-17/189
DCM (Plg) No. 1859/10.27.00/2016-17
DCM (Plg) No. 1859/10.27.00/2016-17
December 19, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ State Cooperative Banks
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ State Cooperative Banks
Dear Sir,
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes) - Deposit of Specified Bank Notes (SBNs) into bank accounts
Please refer to Circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. On a review of the provisions ii, iii and iv at C of Para 3 dealing with credit of the value of SBNs into bank accounts it has been decided to place certain restrictions on deposits of SBNs into bank accounts while encouraging the deposits of the same under the Taxation and Investment Regime for the Pradhan Mantri Garib Kalyan Yojana, 2016 as indicated below:
- Tenders of SBNs in excess of ₹ 5000 into a bank account will be received for credit only once during the remaining period till December 30, 2016. The credit in such cases shall be afforded only after questioning tenderer, on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier and receiving a satisfactory explanation. The explanation should be kept on record to facilitate an audit trail at a later stage. An appropriate flag also should be raised in CBS to that effect so that no more tenders are allowed.
- Tenders of SBNs up to ₹ 5000 in value received across the counter will allowed to be credited to bank accounts in the normal course until December 30, 2016. Even when tenders smaller than ₹ 5000 are made in an account and such tenders taken together on cumulative basis exceed ₹ 5000 they may be subject to the procedure to be followed in case of tenders above ₹ 5000, with no more tenders being allowed thereafter until December 30, 2016.
- It may also be ensured that full value of tenders of SBNs in excess of ₹ 5000 shall be credited to only KYC compliant accounts and if the accounts are not KYC compliant credits may be restricted up to ₹ 50,000 subject to the conditions governing the conduct of such accounts.
- The above restrictions shall not apply to tenders of SBNs for the purpose of deposits under the Taxation and Investment Regime for the Pradhan Mantri Garib Kalyan Yojana, 2016.
- The equivalent value of specified bank notes tendered may be credited to an account maintained by the tenderer at any bank in accordance with standard banking procedure and on production of valid proof of Identity.
- The equivalent value of specified bank notes tendered may be credited to a third party account, provided specific authorisation therefor accorded by the third party is presented to the bank, following standard banking procedure and on production of valid proof of identity of the person actually tendering, as indicated in Annex-5 of our circular cited above.
2. Please acknowledge receipt.
Yours faithfully
(P Vijaya Kumar)
Chief General Manager
Chief General Manager
Restriction on Deposit of WOS Notes into Post Office SB Account - Directorate Order
Subject: Restriction on Deposit of WOS Notes into SB Account
Kindly refer to the SB Order No. 12/2016 dated 08.11.2016 (Para No. 02 (iii) ) regarding deposits of WOS Notes. There is a partial modification in the acceptance of deposits of WOS notes. RBI vide their notification number RBI/2016-17/189 DCM (Plg) No. 1859/10.27.00/2016-17 dated 19.12.2016 has decided to place certain restrictions on deposit of SBNs (Specified Bank Note/WOS Notes) into the accounts by allowing deposits in excess of Rs. 5000/- will be received for credit only once during the period till December 30th, 2016. Copy of the RBI notification is attached herewith.
It is requested to kindly issue necessary instructions to all concerned in this regard.
With regards,
Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan
Saturday, 17 December 2016
Friday, 16 December 2016
மயிலாடுதுறை கோட்டத்தில் 27.11.2016 அன்று நடைப்பெற்ற பொதுக்குழுவில் தேர்ந்தெடுக்கப்பட்டவர்கள்
The list of office bearers of Mayiladuthurai division union elected in the General Body Meeting held on 27.11.2016 in Mayiladuthurai Head Post Office is as follow.
President : Com. G. Umadurai, SPM, Akkur SO
Vice – President : Com. N. Elangovan, DPM, Mayiladuthurai HO
: Com. M. Manoharan, SPM, Peralam SO
: Com. V. Narayanan, APM, Mayiladuthurai HO
: Com. B. Vasanthi, PA, Mayiladuthurai HO
Secretary : Com. V. Mohankumar, OA, O/o SPOs, Mayiladuthurai Dvn
Asst. Secretary : Com. M. Sekar, PA, Mayiladuthurai HO
: Com. S. Thiyagarajan, SPM, Kilaiyur SO
: Com. G. Balamurugan, SPM, Punthottam SO
: Com. B. Sankar, TRR, Mayiladuthurai HO
Treasurer : Com. S. Vimal Nayak, PA, Mayiladuthurai HO
Asst. Treasurer : Com. M. Venkatraman, SA, Mayiladuthurai HO
Organizing
Secretary : Com. K. Durai, SPM, Anandathandavapuram SO
: Com. R. Rajasekaran, SPM, Mannampandal SO
: Com. S. Saravanaselvan, OA, O/o SPOs, Mayiladuthurai Dvn
Auditor : Com. V. Ambalavanan, SPM, Mayiladuthruai Cutcherry SO
EXECUTIVE MEMBERS
Com. B. Baskaran, SPM, Koranad SO
Com. R. Meenakshi, PA, Mayiladuthurai HO
Com. P. Tiruvengadam, PA, Mayiladuthurai HO
Com. K. Latha, PA, Mayiladuthurai HO
Com. M. Shiyamalamani, PA, Mayiladuthurai HO
Com. S. Sripriya, OA, O/o SPOs, Mayiladuthurai
Com. R. Alagumathiselvam, PA, Mayiladuthurai HO
Com. S. Anantharaja, DSM, O/o SPOs, Mayiladuthurai
Com. P. Karikalan, SPM, Nalladai SO
Com. M. Ganesan, OA, O/o SPOs, Mayiladuthurai
Com. C. Manikandan, SPM, Nidur SO
Com. J. Loganayaki, PA, Porayar SO
Com. T. Jothi, PA, Koranad SO
Com. T. Ashok, PA, Akkur SO
Com. S. Durairaj, PA, Sembanarkoil SO
Com. T. Ayyappan, PA, Sembanarkoil SO
The list of office bearers of Sirkali
Branch union elected in the General Body Meeting held on 06.11.2016 in Sirkali
Head Post Office is as follow.
President : Com.
R.Ramamurthy, PA, Sirkali HO
Vice – President : Com. S.Janakiraman,
Accountant, Sirkali HO
:
Com. K.Balasubramanian, SPM, Achalpuram SO
: Com. R.Madhusuthanan, SPM,
Tiruvengadu SO
Secretary : Com. T.Govindarajan, DSM, Sirkali HO
Asst. Secretary :
Com. P.Karthikeyan, PA, Sirkali HO
: Com. P.Om Saravanan, SA, Sirkali HO
: Com. S.Hemalatha, SPM,
Puthur SO
Treasurer : Com. S.Rajasekar, SPM, Tiruvalaputhur SO
Asst. Treasurer :
Com. T.Nagaiya, SPM, Tiruppangur SO
Organizing
Secretary : Com. S.Jayachandran, APM, Sirkali HO
: Com. V.Manikandan, SPM, Mangaimadam SO
:
Com. R.Balakrishnan, SPM, Ilanthope SO
: Com. R.Sankar, PA, Achalpuram SO
: Com. B.Meera, PA,
Sirkali HO
Auditor :
Com. R.Indraselvam, PA, Sirkali HO
EXECUTIVE MEMBERS
Com. N.Natarajan, PA,
Sirkali HO
Com.
T.Selladura, PM, Sirkali HO
Com.
K.Dhanalakshmi, PA, Sirkali HO
Com.
J.Sujatha, PA, Sirkali HO
Com.
A.Ezhilarasi, PA, Sirkali HO
Com.
R.Kalaiselvi, PA, Sirkali Thenpathi SO
Com.
P.Saravanakumar, PA, Mangaimadam SO
Com.
J.Salomi Vidhya Pushpam, Sattanathapuram SO
Com.
R.Punitha, SPM, Melaiyur SO
Com.
S.Narainkumar, SPM, Tirumullaivasal SO
Com.
S.Kumaravadivelu, SPM, KAveripattinam SO
Com.
R.Senthilkumar, SPM, Valluvakudi SO
Com.
H.Rajeshkumar, PA, Anaikaranchatram SO
Com.
M.Shyamala, PA, Vaithiswarankoil SO
Com.
C.Ramya, SPM, Tillaiyadi SO
Com.
B.Vinayagamoorthy, SPM, Tirucadaiyur SO
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