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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*

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

*Consumer Price Index number

for July is 252. i.e 8 point over average

of last quarter.

It indicates an increase of 45 slabs in D.A

from Nov 2014.

Points for Aug. and Sep. may

increase or decrease this slabs.

*Bank employees to work

from 8 A.M. to 8 P.M on Saturdays

for Jan Dhan Scheme!

*Is ESOP on cards for Bank Employees?

*IBPS CWE-III-Clerk-Batch-II,

2014-15 –INDIAN BANK:
date of induction training for

Clerical Candidates – Batch II,

is scheduled from 07.10.2014 to 18.10.2014.

* Revised LFC encashment amount

from 25.06.2014!

*Compassionate appointment

for Bank Employees restored

from 05.08.2014!

* Indipendent programmes on wage revision

and other bank employees issues

Announced by AIBEA and BEFI!

*D.A. rate for Aug ,Sep ,Oct 2014: 102.45%

Saturday, August 30, 2014

Jan Dhan scheme

Bank Employees asked more wages from Government!
Honourable P.M. NAMO Obliged to give!
Of course, not more wages ,but more Work!

 Yes, Bank employees should work 8A.M. to 8P.M on Saturdays
to open New accounts under Jan Dhan scheme.
Do the Finance Ministry knows that the accounts opened under Jan Dhan are duplicate, triplicate and quartiplicate?
Yes, those who already having bank accounts have opned new accounts
in the same bank or the other, to avail the benefits that are announced
along with new account.
Jan Dhan account is only an extention of Financial inclution scheme by UPA.

Wednesday, August 27, 2014

What is practical and realistic approach as per AIBEA?

*************************************************************
AIBEA’s  CIRCULAR  dt.7th August, 2014 says….(Edited for relevant part only))

Dear Comrades,

AIBEA’s GENERAL COUNCIL CALLS FOR INTENSIFIED ACTIONS AND STRUGGLE PROGRAMMES
  1. Expedite Wage Revision Settlement – Take all initiatives to conclude the negotiations early – If necessary, take independent programmes by AIBEA including strike actions to press our demand  ……….
……………………………….
Wage Revision:  The meeting took note of all the developments and the present stage of the negotiations with the IBA on our Charter of Demands for 10th Bipartite Wage Settlement.  The meeting regretted that the IBA was not coming forward with acceptable proposals

Friday, August 22, 2014

New LFC encashment rate!

Consequent to raise in railway fare from 25.06.2014,
Likely New LFC encashment (75% of full eligible amount)
rate From 25.06.14:

Clerk: 2year block=4193 (3396)
           4year block=6068 (4944)

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.