WELCOME TO MY BLOG!

WELCOME TO MY BLOG!
WELCOME TO MY BLOG!

Dear reader!


*Please send news related to Bank Employees and your Queries, to my e-mail vetrinicchayam@gmail.com*

Follow me on facebook http://www.facebook.com/indianbankkumar

*****CURRENT NEWS******

*D.A. rate for Aug ,Sep ,Oct 2014:

*102.45% (increase of 4.95%)

*683 slabs (increase of 33 slabs)

*on Basic+Spl.Allw+PQP

Tuesday, August 19, 2014

2nd batch of newly recruited clerks for 2014-15 issue!

At last , 2nd batch of newly recruited clerks(Indian Bank) for 2014-15 issue, 
has been taken by Association affiliated to BEFI:
Following is the letter written by the union to the Bank Management.
*********************************************************
INDIAN BANK EMPLOYEES FEDERATION
(Affiliated to BEFI)

GROSS INJUSTICE TO WAITING EMPLOYEES

Dear Comrades,

All of us still remember the sweet memory of our joining days in the Bank, It
became a bitter experience for the newly recruited clerks those who are
waiting. After arrangement of all the required documents including Medical
Fitness Certificate from Govt. Hospitals, Character Certificates from two
respectable persons, opening of SB A/Cs in our branches the training
program was postponed. While they were expecting information from bank
about the date of the training Bank announced in its Website on 17.07.2014
that “appointment will take place as and when vacancy arises “

Friday, August 15, 2014

SCHEME FOR COMPASSIONATE APPOINTMENT IN PUBLIC SECTOR BANKS



(w.e.f. 5.8.2014 vide Ministry of Finance D.O.F.No.18/2/2013-IR dated 7.8.2014)

1.  COVERAGE

1.1.    To a dependent family member of permanent employee of a Public Sector Bank(PSB)  who -
a)  dies while in service (including death by suicide)
b) is retired on medical grounds due to incapacitation before reaching the age of           55 years.
(incapacitation is to be certified by a duly appointed Medical Board in a Government Medical College/Government District Head Quarters Hospitals/Panel of Doctors nominated by the Bank for the purpose).

1.2.    For the purpose of the Scheme, “employee” would mean and include only a confirmed regular employee who was serving full time or part-time on scale wages, at the time of death/retirement on medical grounds, before reaching age of 55 years and does not include any one engaged on contract/temporary/casual or any person who is paid on commission basis.

Thursday, August 14, 2014

Latest letter from UFBU to IBA!

UNITED FORUM OF BANK UNIONS
(AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO)
SBI Buildings, Bank Street, Koti, HYDERABAD — 500 095
Tel. Nos.040-24754166, 24754266, 24754566,
Fax — 040-24752966 Mobile — 09848124254
e-Mail    ufbu.hyd@gmail.com

K K NAIR       M V MURALI
Chairman      Convenor

All letters to be addressed to the Convenor

UFBU/IBA/2014/ 68                                 Date : 9th August 2014

The Chief Executive,
Indian Banks' Association,
World Trade Centre Complex,
Centre 1, 6th Floor,
Cuffe Parade, MUMBAI 400 005.

Dear Sir,

10TH BIPARTITE WAGE REVISION — NEGOTIATIONS
*************************************************** 
We acknowledge receipt of your Letter No. HR&IR/UFBU/XBPS-4/465
 dated the 8th August 2014.

As advised earlier, it is desirable to take forward the negotiations in the interests of everyone to create a better atmosphere and avoid unpleasantness.

Tuesday, August 12, 2014

Government guidlines on the following:


Courtesy: AIBEA

Government guidlines on the following:
1. Staff Housing Loan to Bank Employees dt. 11-8-2014
(COMMENT: QUANTUM OF LOAN MAY BE RAISED)
2. Posting of employees who have differently abled dependents dt. 28-7-2014
(COMMENT: BENEFICIAL TO THE CONCERNED EMPLOYEE)
3. Campus Recruitment in Banks dt. 4-8-2014
(COMMENT: NO MORE CAMPUS RECRUITMENT)

******************************************************************************

Ministry of Finance
Department of Financial Services
*****
Dated 11.08.2014
To
          The Chairman,
          Indian Bank Association,
          Head Office,  Mumbai.

Sub : Staff Housing Loan to Bank Employees.

Sir,
         ……it is decided to convey the concurrence of the Government to IBA’s proposal contained in letter under reference as follows:

PSBs may decide the matter related to Staff Housing Loan Policy with the approval of its Board and Board may suggest if it feels it to be a part of wage negotiations”.

Monday, August 11, 2014

TRANSFER OF FEMALE EMPLOYEES IN PUBLIC SECTOR BANKS!

Courtesy: AIBOC

PSBs ADVISED TO FRAME POLICY TO MINIMIZE THEIR HARDSHIP!

Many of the Banks do not have transfer policy which gives consideration to the special problems which female officers/employees face vis-a-vis their male counterparts. Government of India, Ministry of Finance, Department of Financial Services has issued guidelines to 
all Public Sector Banks including IDBI & SBI Associates,
so that transfers of female officers and employees can be considered with compassion and their hardship can be mitigated to the extent possible.

We append below the communication sent by the Government to PSBs in this regard for your information: