Friday, February 20, 2015

ROLE O F SBCO regarding- CHQ writes to The Minister of Comunication & I.T.

   [  Federated with the “National Federation of Postal Employees” ]
                          (Recognized Association in SBCO Cadre)
                                        CENTRAL HEAD QUARTER
                                 CHQ- 1 St FLOOR, NRTH AVENUE POST OFFICE BUILDING, NEW DELHI, 110001
Ref No- CHQ/AIPSBCOEA/15                                                        Date- 15.02.2015

Hon’ble Shri. Arunji Jetaly ji,
Min. Of Finance, Finance Ministry,
New Delhi-110001

Hon’ble Shri. Ravi Shankar Prasadji,
Minister for Communication & I.T.
1 st floor, sanchar Bhavan, New Delhi-110001

The Secretary(P)
Department of Posts,
Dak Bhavan, Sansad Marg , New Delhi-110001

Sub :- Role Of Saving Bank Control Organization in the Department of 
Post  in Proposed Post Bank Of India-

Respected Sir,

             It is Proud to this Association  that Department of Post is  changing its face and
 trying to stand with corporate sector with fast changes in its functioning with different 
new services.

             One of the Changes as Core Banking ( CBS) leading towards the Post Bank Of 
India is in Process in all Circles in large scale. There are huge changes in Day 
to day functioning in Post offices. It is proud to us that Saving Bank work in Post offices 
With its large number of offices as H.O.’’s/S.O.’s/B.O’s up to grass root level and chance 
to develop Post bank of India with its effective Functioning with competition with other 
public sector Banks. The Deposits/ business in Postal Saving Bank is More than 
any other Bank and Department Of Post Having Faith of Common Man of Villages.

             The Saving Bank Control Organization section decentralized from Audit  
and attached with Head Post Offices for Controlling Postal Saving Bank Work as internal 
Audit with Control Procedure / Rules adopted by the Ministry of Finance & Postal Board .
 Thus this Section Keeps control over Postal saving Bank Business With Rules& 
Procedure Laid down by the Ministry of Finance as Internal Audit for Audit Department 
And for Ministry of Finance. This Section played role as CUSTODIAN Of Govt. & Public
 Money by checking/auditing by Following the Rules & Regulation with SBCO 
Control Procedure and working for Finance Ministry as  Local Audit in Each H.O.
Also it  maintains Statistical  information’s for Submission to Audit/ Ministry of Finance.                                                    
            Thus this Section is Keeping Control Over Postal Saving Bank work For Finance 
As it is described as Ministerial Staff but now attached with Head Post Offices
after  decentralization of Audit since 1963/1965.                                                                                                                

             But now Core Banking / Post Bank of India proposal are in Process. Day by Day 
so many offices are brought under CBS (Core Banking) However the Role of this 
SBCO Section is not decided yet. Still the Same SBCO Control Procedure is in
Operation. Due to Vast  and fast Changes in day to day functioning  Staff is Confused 
and has to perform  different Operative duties as ordered by the Local authorities avoiding 
its own Working of Checking/  Auditing.

            Though Post Bank Of India proposal accepted and It comes in to existence the
 need of Auditing & checking is not Over. But it needs most because when it is accepted 
as Bank there must be Auditing & checking & agreement of each & every  Rs. & Paisa.

             Thus the role of Saving Bank Control is not finished but it is needful for
 effective business with competition with public sector banks to avoid  mis- approciation

             So it is requested to Maintain Role of this Section as Internal Audit / Local audit 
with effective Procedure & with effective software Programs supporting to the Rules 
and Regulations adopted by the Ministry of Finance & Postal Service Board for different 
saving schemes.

The utilization of this staff maybe stopped for operative work avoiding its own Duties as
 internal audit for effective functioning of Post Bank Of India/ Postal Saving Bank.

A single line reply on the subject is awaited.

With Regards.

                                                                                             Yours Faithfully,
                                                                                                    --- Sd-----
                                                                                                ( S.P.Kulkarni)
                                                                         All India Postal SBCO Empls. Assn. (CHQ)

The DDG ( F.S)
O/O The Director General
Department of Posts, Dak Bhavan, New Delhi-1

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