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Tuesday, September 30, 2014

Accept self-attested documents to open account: RBI to banks

The Reserve Bank today relaxed 'know your customer' norms by allowing self-certification of documents needed for opening bank accounts. 

"With a view to easing difficulties faced by common persons while opening bank accounts and during periodic updating, guidelines on KYC will be further simplified with immediate effect," the central bank said in its monetary policy statement. 

RBI has asked banks to "allow self-certification; accept a certified copy of the document by mail/post" for account opening. 

Banks have also been asked not to seek fresh documents if an existing KYC compliant customer of a bank desires to open another account in the bank. 

For periodic updating of KYC, the RBI told the banks not "insist on physical presence of the customer" and also not seek fresh proof of identity and address in case of no change in status for 'low risk' customers. 

The Reserve Bank further said there is a need for banks to complete KYC for all customers including long standing 'low risk' customers. 

"Banks should complete documentation, while minimising the effort on the part of the customer to what is strictly needed," it said. 

In the event that customers are unable to comply within a reasonable time period, 'partial freezing' may be introduced in respect of KYC non-compliant customers, RBI added. 

This means credits would be allowed in such accounts while debits would not be allowed, with an option to the account holder to close the account and take back the money in the account.

Source:-The Economic Times

Competent Medical Officer/Board for issuing certificate of disability for the purpose of family pension under rule 54 of CCS (pension) Rules, 1972 - reg.

To view Department of Pension & Pensioners' Welfare OM No.30th September, 2014 please  Click Here.

Early Closure of Offices on 1st October,2014 in connection with the national wide launch of Swachch Bharat campaign

To view please Click Here

Administering of Pledge "Swachh Shapath" on 2nd October, 2014 as a part of "Swachh Bharat Mission"

As communicated vide Secretary (Postal Services Board) D.O. No.87-04/2014-Coordn/O&M dated 29th September, 2014 all the Officers and Staff will come to office by 9.30 AM on 2nd October, 2014 and take pledge at 9.45 AM. The employees are also to voluntarily carry out cleanliness of their office premises from inside and outside.  

Pledge(Hindi)


Extension of PPF Scheme to Private Sector Banks (SB Order No. 11/2014)

To view please Click Here.

Standard Questionnaire for visit to HO/SO and BO (Corrigendum)

To view Department of Posts (Inspection Unit) Letter No.11-Misc/2014-Inspn. dated 18-09-2014 please Click Here.

5 things you must know about third-party motor insurance claims

It is required by law that vehicle owners in India take third-party motor insurance. It protects the vehicle owner against any financial liability as a result of death, physical injury or damage to the property of a third party. It is referred to as third-party cover since the beneficiary of the policy is someone other than the two parties involved in the contract—car owner and insurance company. A victim may file a third-party liability claim against the vehicle owner and the latter's insurer will, in turn, pay for such a claim on his behalf.

Claimant

An application for a third-party claim can be made against the vehicle owner by the victim or his/her agent, the owner of the property, which has suffered damage or the legal representative of the deceased.

Police complaint

A first information report (FIR) must be filed with the police, quoting the registration number of the vehicle involved in case of an accident, licence number of the driver, and the names/contact details of witnesses, if any.

Claims tribunal

A case has to be filed with the Motor Accident Claims Tribunal, with jurisdiction over the area where the accident occurred or where the claimant resides.

Documents

A copy of the FIR and the original records of expenses incurred by the claimant must be presented to substantiate the damages/loss.

Cover amount

In case of an accident that causes injury or death, the limit for third-party cover has not been defined. The entire compensation is borne by the insurance firm once the court decides on the amount.

Points to note

The victim has to establish negligence on the part of the vehicle owner to claim damages from him and his insurer. 

Compensation for the damage cannot be claimed more than once. Hence, the victim cannot expect his/her insurer to make up for any shortfall in the compensation that has been decided by the court.
The content on this page is courtesy Centre for Investment Education and Learning (CIEL).

Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.


Source:-The Economic Times 

The Dos And Don'ts Of Making Excuses At Work

, Gawker Media
Most bosses just plain don't want to hear excuses at all, but even still, there are some time you don't get a choice. The Wall Street Journal breaks down the dos and don't for those moments.
Sometimes, things just happen and you can't get your job done properly. The Wall Street Journal looked at a few studies to see what tends to work best. Here are a few types of excuses that people usually prefer hearing:
  • Handicap yourself: "My presentation might be a little off today, I'm nursing a sore throat."
  • Show empathy: Doing your work much have been incredibly difficult without access to those files.
  • Deflect blame: "If only Henry had given me more detailed data, I could have turned in a more thorough report."
  • Seek perfection: "I'm almost ready with the report, but I need to refine a few more details."
And what doesn't tend to work that well:
  • The lame excuse: "I fell terrible about missing that presentation to the executive committee, but I got stuck in traffic."
  • The self-serving story: "How could I have come close to making my quota when nobody is buying real estate. The economy is putrid."
  • The devil made me do it: "Please excuse me for blowing up. I'm so passionate about what we're doing here that I got wound up too tight."
So, if you have to make an excuse for messing something up at work, stick with one of the ones that work. It turns out people just don't have that much empathy for you when you're stuck in traffic.
Source:-The Times of India

Due Date for Filing of Income For Assessment Year 2014-15 Extended in Specified cases.

To view please Click Here. 

Re-institutionalizing the practice of leaving ,note for the successor

To view Department of Personnel and Training OM No.13024/01/2014-Trg(Trg Ref) dated 26th September, 2014 please Click Here.

DPC for promotion to PS Gr 'B' cadre - Call for copy of ACRs/ APARs with other requisite documents


To view details please Click Here.


Eligibility List (from Odisha Circle) for promotion to PS Group ‘B’ cadre for the year 2014-15

Sl. No.
Sl. No. of Eligibility List
Name of the Official
Present Place of Posting

Com
D.O.B.
Batch
Remarks
1
8
Banamber Sethi
Offtg SRM, RMS BG Division
SC
04.07.61
1987

2
40
Bhagabat Sethi
DPM, Bhubaneswar GPO
SC
04.03.57
1989


147
Krupasindhu Panda

OC
13.09.55
1990
Retired Voluntarily
3
155
Banamali Patra
ASP(OD), Puri Division.
SC
26.02.57
1990


166
Lingaraj Pradhan

OC
05.10.57
1991
Expired
4
170
Himansu Sekhar Mohapatra
ASP(HQ), Koraput Divn, Jeypore(K)
OC
24.02.58
1991

5
208
Dillip Ku Samal
Offtg AD(SB/PMU), CO, Bhubaneswar
OC
14.03.62
1991

6
212
Prabhat Ch Mohapatra
ASP(I/C), Cuttack East
OC
03.02.60
1991

7
218
K C Chinara
Offtg Supdt. CSD, Bhubaneswar
OC
05.05.59
1991

8
220
Maheswar Sethi
ASP(PG/Bldg), CO, Bhubaneswar
SC
25.09.59
1991

9
222
Girish Ch Sahu
Offtg AD(Establishment), CO, Bhubaneswar
OC
07.08.56
1991

10
223
Susen Peda
Offtg SPOs, Mayurbhanj Dn
OC
27.08.57
1991

11
224
Biswanath Purohit
Offtg AD(Staff), RO , Sambalpur
OC
07.07.63
1991

12
267
Bipin Bihari Negi
ASP(I/C), Balangir Sub Divn
OC
04.02.64
1992

13
277
Sk Mohammed Noman
Offtg AD(Legal), CO, Bhubaneswar
OC
11.09.61
1992


282
Aditya Ku. Nayak
SSPOs, Cuttack City Divn
OC
25.03.63
1992
Already promoted through LDCE
14
297
Ashok Ku Rath
Offtg AD(Bldg/MM/PG), CO, Bhubaneswar
OC
30.06.63
1992

15
317
Srikant Ch Sahoo
Offtg AD(Mail/BD), CO, Bhubaneswar
OC
08.10.62
1992

16
327
Sanjaya Ku Patra
ASP(HQ), Berhampur Dn
OC
01.06.64
1992

17
328
Isidore Ekka
ASP(I/C), Rourkela East
ST
15.02.57
1992

18
337
Padmanav Das
ASP(HQ), Aska Division
OC
15.07.59
1992

19
354
Radhakrushna Sahu
ASP(HQ), Berhampur ‘BG’ Dvn
OC
17.02.60
1992

20
356
Raghunath Sahu
ASP(OD), Berhampur
OC
31.05.62
1992

21
359
Rajendra Kumar Pattanaik
ASP(Vig), RO, Berhampur
OC
01.06.63
1992


372
Dhaneswar Samal

OC
03.05.61
1992
Now in Accounts Line
22
373
Kamalendu Panda
ASP(Vig), RO, Sambalpur
OC
13.01.63
1992

23
374
Sibanarayan Satpathy
ASP(HQ), Cuttack South
OC
11.10.55
1992


376
P.K. Behera

OC
10.08.57
1992
Expired
24
377
Jayakrushna Jena
Posted as SPOs, Bolangir
OC
12.06.55
1992

25
384
B.M. Das Mahapatra
Offtg SPOs, Bhadrak Division
OC
18.02.59
1992

26
385
Radhakanta Pradhan
ASP(HQ), Sundargarh
OC
09.03.56
1992

27
397
Prafulla Kumar Nanda
Offtg Supdt. PSD, Bhubaneswar
OC
14.02.59
1992

28
414
Ekalabya Choudhury
ASP(I/C), Bargarh Sub Dvn
OC
23.12.58
1992

29
433
Madhu Mirdha
ASP(HQ), Balangir posted
ST
22.08.62
1992

30
435
DhirenDas

SC
26.01.59
1992

31
463
Antaryami Behera
ASP(OD), Dhenkanal Division
SC
03.05.59
1993


483
Ramakanta Sethi



1993
No such person now in IP Cadre
           

·         Case of Shri S.K. Mishra and Shri Chaturbhuj Meher found missing.