Wednesday, September 28, 2016


Work with India Post Payments Bank


Work with India’s largest banking network and make a real difference. Explore the different ways you can become a banker to the nation.
CHIEF EXECUTIVE OFFICER / MANAGING DIRECTOR:
IPPB invites applications for the post of CEO/ MD of its soon to be launched payments bank. The candidate will be responsible for leading the organization in driving business, especially catering to rural/unbanked customers. Candidates with relevant qualification, experience and skills (as specified in the advertisement) are encouraged to apply for this position and spearhead the organization as it transforms India’s financial landscape.


SCALES VII & CGM:
Candidates with relevant qualifications, experience and skills with a minimum of 15/18 years experience may apply for full-time posts of GM (Finance), CGM(Operations), GM (HR), GM(Risk and Compliance) and CGM(Sales and Marketing). Applications open from September 28th, 2016 to October 19th, 2016.


CONTRACT POSTS:
Chief Technology Officer:
Candidates with relevant qualification, experience and skills may apply for the position of Chief Technology Officer (on contract). Applications open from September 28th, 2016 to October 19th, 2016.


​ Other Appointments:
​Candidates with relevant qualifications, experience and skills may apply for positions (on contract) across Company Secretary, Technology, Products, Risk & Compliance functions. Applications open from September 28th, 2016 to October 19th, 2016.
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DEPUTATION FROM PSB – CORPORATE ROLES:
Candidates from Public Sector Banks with relevant qualification, experience and skills may apply for posts to be filled through deputation. Applications are to be received through proper channel by 19th October.
DOWNLOAD APPLICATION & DETAILS


GOOD NEWS – Railwaymen to get 78-day wages as bonus (PLB)


New Delhi, Sept 28 (PTI) Ahead of the festive season, government today gave its approval to pay 78-day wages as bonus to railway employees, the same for the fifth consecutive year.

The Cabinet meeting chaired by Prime Minister Narendra Modi approved the pay productivity-linked bonus (PLB) equivalent to 78-day wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2015-16.

Productivity-linked bonus is paid to about 12 lakh railway employees each year before the Dussehra festival.

The approval entails a financial implication of approximately Rs 2090.96 crore to Railways

Payment of PLB would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further besides maintaining industrial peace.

In 2011-12, 2012-13, 2013-14 and 2014-15 also, 78-day wages were also given as PLB to railway employees.

"We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employee this year. We are happy that government has agreed to our proposals," National Federation of Indian Railwaymen General Secretary M Raghavaiah told PTI.

Raghavaiah said the 78-day wage is expected to be around Rs 18,000 per employee.

Welcoming the decision, All-India Railwaymen's Federation General Secretary Shiv Gopal Mishra said the bonus will motivate the employees to improve the financial position of the public transporter.

Mishra said, "Since the PLB ceiling has been revised to Rs 7000 from Rs 3500, we expect each employee will get double the amount as against the last year's bonus."

Last year, the minimum bonus paid was Rs 8,975 per employee.

PLB covers all non-gazetted railway employees (excluding RPF/RPSF personnel) spread over the entire country


Circle Union requested CO for issuing instructions for counting of Pre appointment training of Direct PA/SAs for MACP

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