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POSB Revenue Traget is Revised for the fy 2022-23 - POSB (Post Office Savings Bank )

F. No. FS-10/17/2022-FS-DOP

Dated: 23 December, 2022.

Subject: - Revision in POSB Revenue Targets for FY 2022-23 -reg.

This has reference to DG Postal Services D.O. letter no. FS-10/17/2022-FS-DOP dated 01.04.2022 regarding POSB Targets for FY 2022-23.

2. In this context, it is informed that DEA, MOF has revised the POSB / SC Remuneration Targets for FY 2022-23 at RE stage. Revised POSB Targets for FY 2022-23 are accordingly forwarded herewith for further needful by the Circles. The targets have been devised assuming net addition of minimum of 120 accounts per PO (including BOs) (Opening of 170 new accounts and Closure of 50 existing accounts) from December, 2022 to March, 2023 without any shortfall. It is requested to make all out efforts to achieve the revised target.

3. Thisis issued with the approval of Competent Authority.


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