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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Tuesday, February 21, 2017

Reconciliation meeting with CLC failed 28th Feb strike continued

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*ALL INDIA BANK EMPLOYEES' ASSOCIATION*
*PRESS RELEASE*
21.02.2017

In the background of the call for All India Strike in all the Banks by one million employees and officers of public sector banks, private banks, foreign banks, co-op. banks and regional rural banks by the 9 union umbrella United Forum of Bank Unions, the Chief Labour Commissioner of the Ministry of Labour , Govt of India called for a conciliation meeting in Delhi  in his office this morning.  Representatives of  Indian Banks Association /IBA  and United Forum of Bank Unions / UFBU were present.  All attempts to find solutions to the demands raised by the unions yield no result and hence United  Forum of Bank Unions has decided to proceed with the proposed strike on 28th Feb. 2017.

Issues and Demands of strike

*OPPOSING:*

Anti-people Banking / Labour Reforms

Government moves infringing trade union rights

Outsourcing of permanent jobs

*DEMANDING:*

Legitimate compensation of employees and officers for extra hours of work performed on demonetization work;

Removal of Gratuity ceiling under Payment of Gratuity Act, 1972; 

Exemption of Income Tax on Gratuity and Leave Encashment on retirement.

Immediate appointment of Workmen/Officer Employees Directors in all Banks/FIs.

Early initiation of process of next wage revision of bank employees.

Pension related issues – Improvements in pension scheme on the lines of RBI/Central Government including for past retirees – Extension of erstwhile Pension Scheme in banks in lieu of NPS – Follow up of Records Note dated 25.05.2015.

Implementation of Compassionate appointment scheme on the lines of Central Government as approved by the Government.

Adequate recruitment in all cadres.

Reimbursement of cost of demonetization to Banks by Government. 

Immediate introduction of 5-Day Banking 

Stringent measures to recover bad loans and accountability of top Executives. 

Criminal Action on willful defaulters.

C H VENKATACHALAM
GENERAL SECRETARY AIBEA
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