IPPB Roles and Responsibilities of DOP | India Post Payments Bank (IPPB) Roles & Responsibilities of Postal Department | Dated 22.07.2021 - Postalstudy | Post Office Blog | Materials for | Exams
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IPPB Roles and Responsibilities of DOP | India Post Payments Bank (IPPB) Roles & Responsibilities of Postal Department | Dated 22.07.2021

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India Post Payments Bank- Roles and Responsibilities.

of late it is noticed that the few IPPB cash transactions occurred at Counters/Micro ATMs are not getting accounted in the books of F&A CSI accounts and the sum of net IPPB cash transactions for the day are not being brought into the RICT on the transactions day itself or immediately thereon, thereby reconciliation and settlement with IPPB suffers and variation between Booked Figures in CSI Accounts with that of IPPB Finacle Figures


The scope of work in addition to the duties as codified in the IPPB Cash Management Standard Operating Procedure issued by PBI division Postal Directorate, the roles of each unit handling the ippb transactions has been identified and attached it as annexure A. Each unit shall follow such instructions and perform the work accordingly


The Postal Inspecting Officers, while on inspection may ensure that the work relating to IPPB is done as per the Roles & Responsibilities as brought out in the Annexure and specific instructions if any may be issued


In addition to above, it shall be checked whether of Micro ATMs are crediting the ne cash to the linked Post Office including Branch Post Offices and instances of abnormal delay if any noticed, may be brought to the notice of Regional Heads & Heads of the Circle
















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