NEW DELHI: The Centre is expected to form the Board as well as name the chief executive and chief operating officer for the India Post Payments Bank<\/a> (IPPB<\/a>) by August this year, a top official said Wednesday. 新德里:中心预计将表单董事会以及名字的首席执行官和首席运营官印度发布支付银行(IPPB),今年8月,一位高级官员周三说。
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The Department of Posts<\/a> (DoP) will set up a Payments Bank by March 2017 with 50 branches initially with a plan to expand up to 650 branches by September 2017.
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“We are in the process to shortlist names for the post of chief executive and chief operating officer and set up the Board in next 30 to 45 days,” DoP Secretary SK Sinha<\/a> said, adding that the appointment will be through the established channel with a final decision by the Appointments Committee of the Cabinet (ACC).
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\nThe Department of Financial Services is however acting as a nodal agency for the setting up of IPPB.
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The DoP has recently sent out letters to various public sector banks such as Punjab & National Bank<\/a> (PNB), Canara Bank<\/a>, Bank of Baroda<\/a> and Bank of India<\/a> to suggest top-ranking officials eligible for selection to top two positions in the upcoming IPPB on a deputation basis for a year.
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The government through the Banks Board Bureau<\/a> (BBB) is also planning to invite applications to fill more than 2,000 positions across multiple roles that will include Chief Finance Officer (CFO), Chief Technology Officer (CTO), Chief Risk & Compliance Officer and branch managers.
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\nThe Board’s constitution will include five independent directors (51%) and four (49%) in-house representatives from the government, including DoP, Sinha said.
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\nThe department is also expected to float an RFP (request for proposal) for the deployment of banking technology to facilitate Internet and mobile-driven transactions, National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), cyber security and compliance solutions.
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\nTen percent of the branch locations will be reserved for the North-East out of the first 100 branch locations, which will be identified soon and will include state capitals as well as remote and backward areas.
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\nThe post offices in the region will act as a business correspondent or extension for the neighborhood IPPB branch with a dedicated counter to facilitate operations.
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\n“To cut down capital expenditure of real estate, the department has also communicated to the regional heads to identify desired space within the existing India Post premises,” Sinha added.
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\nThe IPPB will start operations with a capital of Rs 800 crore that would include 50% as an aid from the government.
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的部门的岗位(计划)将建立一个支付银行2017年3月50分支最初计划扩大到650家分行,2017年9月。
“我们正在名单的名字的首席执行官和首席运营官,建立董事会在未来30到45天,“夹住的秘书SK Sinha说,任命将通过建立渠道最终决定内阁任命委员会(ACC)。
然而金融服务的部门是作为节点机构IPPB的设置。
计划最近发出信件等各种公共部门银行旁遮普和国家银行(PNB),Canara银行,巴罗达银行和印度银行建议一流的官员资格选择前两个位置在即将到来的IPPB代表一年的基础。
政府通过银行董事会局(BBB)还计划招聘来填补跨多个角色超过2000个职位,包括首席财务官(CFO),首席技术官(CTO),风险与合规总监和部门经理。
董事会的宪法将包括五个独立董事(51%)和4(49%)从政府内部的代表,包括夹住,Sinha说。
部门也将浮动RFP(提案申请)的部署银行技术促进互联网和手机交易,国家电子资金转帐(NEFT),实时结算总额(银行均),网络安全与合规的解决方案。
百分之十的分支位置将留给东北前100个分支机构,这将很快被识别,将包括州首府以及偏远落后的地区。
该地区邮局将作为商业记者或扩展社区IPPB分支和一个专门的柜台方便操作。
“房地产减少资本支出,部门也向区域负责人确定所需的空间内现有的印度前提,”Sinha说。
IPPB将开始运营资本800卢比,包括50%的政府援助。
NEW DELHI: The Centre is expected to form the Board as well as name the chief executive and chief operating officer for the India Post Payments Bank<\/a> (IPPB<\/a>) by August this year, a top official said Wednesday.
\n
The Department of Posts<\/a> (DoP) will set up a Payments Bank by March 2017 with 50 branches initially with a plan to expand up to 650 branches by September 2017.
\n
“We are in the process to shortlist names for the post of chief executive and chief operating officer and set up the Board in next 30 to 45 days,” DoP Secretary SK Sinha<\/a> said, adding that the appointment will be through the established channel with a final decision by the Appointments Committee of the Cabinet (ACC).
\n
\nThe Department of Financial Services is however acting as a nodal agency for the setting up of IPPB.
\n
The DoP has recently sent out letters to various public sector banks such as Punjab & National Bank<\/a> (PNB), Canara Bank<\/a>, Bank of Baroda<\/a> and Bank of India<\/a> to suggest top-ranking officials eligible for selection to top two positions in the upcoming IPPB on a deputation basis for a year.
\n
The government through the Banks Board Bureau<\/a> (BBB) is also planning to invite applications to fill more than 2,000 positions across multiple roles that will include Chief Finance Officer (CFO), Chief Technology Officer (CTO), Chief Risk & Compliance Officer and branch managers.
\n
\nThe Board’s constitution will include five independent directors (51%) and four (49%) in-house representatives from the government, including DoP, Sinha said.
\n
\nThe department is also expected to float an RFP (request for proposal) for the deployment of banking technology to facilitate Internet and mobile-driven transactions, National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), cyber security and compliance solutions.
\n
\nTen percent of the branch locations will be reserved for the North-East out of the first 100 branch locations, which will be identified soon and will include state capitals as well as remote and backward areas.
\n
\nThe post offices in the region will act as a business correspondent or extension for the neighborhood IPPB branch with a dedicated counter to facilitate operations.
\n
\n“To cut down capital expenditure of real estate, the department has also communicated to the regional heads to identify desired space within the existing India Post premises,” Sinha added.
\n
\nThe IPPB will start operations with a capital of Rs 800 crore that would include 50% as an aid from the government.
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":52972156,"title":"Vodafone tax case: HC allows penalty proceedings to go on","entity_type":"ARTICLE","link":"\/news\/vodafone-tax-case-hc-allows-penalty-proceedings-to-go-on\/52972156","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":52972628,"entity_type":"ARTICLE","title":"Government to appoint IPPB chief, Board members soon; to hire more than 2,000 individuals","synopsis":"The Centre is expected to form the Board as well as name the chief executive and chief operating officer for the India Post Payments Bank (IPPB) by August this year, a top official said Wednesday.","titleseo":"telecomnews\/government-to-appoint-ippb-chief-board-members-soon-to-hire-more-than-2000-individuals","status":"ACTIVE","authors":[{"author_name":"Muntazir Abbas","author_link":"\/author\/479234376\/muntazir-abbas","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234376.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479234376,"author_name":"Muntazir Abbas","author_seo_name":"muntazir-abbas","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2016-06-29 16:16:30","lastupd":"2016-06-29 16:36:13","breadcrumbTags":["policy","Canara Bank","Bank of Baroda","Department of Posts","Bank of India","SK Sinha","Banks Board Bureau","India Post Payments Bank","IPPB","Punjab & National Bank"],"secinfo":{"seolocation":"telecomnews\/government-to-appoint-ippb-chief-board-members-soon-to-hire-more-than-2000-individuals"}}" data-news_link="//www.iser-br.com/news/government-to-appoint-ippb-chief-board-members-soon-to-hire-more-than-2000-individuals/52972628">
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