August 6, 2014
salary revision and profits of banks
Sbowo is concerned .........
Why bank officers/employees are less paid? Because their salary structure is linked to profits.
But where the profits are going? The profit of banks is being eaten by NPAs.
Who is responsible for increase in NPAs? The government's popular policies like debt waiver scheme and one t Read More
August 1, 2014
latest on banking
New Delhi: Finance Minister Arun Jaitley held his first meeting with all the heads of public sector banks and financial institutions Thursday 31st July 2014 on comprehensive financial inclusion agenda.
After his meeting with PSU banks, Arun Jaitley said Prime Minister Narendra Modi will launch formal campaign for financial inclusi Read More
July 8, 2014
Bank officers jago
Bank Inhumane Treatment With Officers Jago, Jago Bank Officers, Jago ab to Jago. For sake of money or power do not sell your self respect and do not spoil future of your family by sitting 12 hours in bank just to please your bossPlease for God sake - Do Not kill your conscience . Money is not important more than your health and that of your Read More
June 28, 2014
The Economics Times NEW DELHI:
Representatives of United Forum of BankUnions, comprising mainly of PSU bank employees, today (27th June 2014) met Finance Minister Arun Jaitley and soughthis intervention for early settlement of wage revisionnegotiations.
"We submitted our representation to the FinanceMini Read More
June 14, 2014
Wage Revision Updates
Bank wage talks resume after 3 months - The Hindu Business Line
Kochi, June 13:
The long-term wage-settlement negotiations between the trade unions in the banking sector and the Indian Banks Association, which got stalled during the last lap of the Manmohan Singh Government, have resumed.
O Read More
June 11, 2014
Wage Revision Updates
Wage Revision 12th Meeting between IBA and UFBU on 13.06.2014
IBA initiated for next wage talk on 13.06.2014 in response to UFBU major constituent AIBOC request as report received. The meeting will be held in Mumbai at 12 Noon. Before scheduled meeting UFBU constituent will meet at 10 am.
The news of wage talk spread over bank e Read More
May 19, 2014
Demonstrations on 21st May 2014
Friends, a small decision at a right time may give success as compared to big action taken at a wrong time. As we all know that we wasted energy, money and time by observing strike just before announcement of elections. As per reports - NOBW will not participate in the UFBU proposed 21 st May demonstrations. NOBW is not in favour of any ag Read More
March 12, 2014
Rate of intererst on PF
The rate of interest on PF stand increased @8.75% p.a. for the year 2013-14 from 8.50% p.a.Read More
March 4, 2014
wage revision talks
IBA/UFBU meeting: Details as available in press:
" Indian Banks’ Association, representing the managements of banks in the country, will soon take up with the Finance Minister the demands set forth by the United Forum of Bank Unions.
IBA functionaries and UFBU leaders held talks on the ticklish issue of wage hike in M Read More
March 1, 2014
Accountability of top management in focus at finance minister, bank chiefs’ meet
MUMBAI: The finance ministry has drawn up a rather unusual agenda for chiefs of large commercial banks for their next meeting. Rajiv Takru, secretary, financial services department, has asked bank chairmen to come prepared to discuss wage negotiation, leave travel concession and delegation of power and responsibility of top management of banks.< Read More
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