Saturday, May 5, 2018

Negotiations with IBA just concluded.
IBA offered 2 per cent rise in salary.
Constituents of the UFBU walked out of the negotiations &
Boycotted the lunch hosted by IBA.

Hold massive demonstrations on 9th May throughout the country.
Get ready for 2 days strike by month end.

147 comments:

Meena Kini said...

everyone seems to have forgotten merging back of the new special allowance with the basic pays

subhash gaur said...

Present govt is anti bankers and wanted to ruin bankers families . We should kick thicket back this time. We would not hesitate to cut through this govt in 2019- and our union should be banned from any kind contribution without delay

Anonymous said...

Massive strike for at least one week including saturday and Sunday.. 26th May to 2nd June, 2018. Also ATMs are to be closed for the entire period. This is the only way now to make IBA and Govt understand why we are important. It is a shame that they had offered only 2% increment.

mayuri jain said...

Sirf bolte ho koi kuch krega bhi.. ki.ek bar kro to 1 hafte ki strike sab ke dimag thikane aa jayenge

mayuri jain said...

Sirf bolte ho koi kuch krega bhi.. ki.ek bar kro to 1 hafte ki strike sab ke dimag thikane aa jayenge

Anurag Tripathi said...

Strike karo indefinite time tak busen jala do train main aag laga do kyunki ye sarkar aise hi manegi

vikram said...
This comment has been removed by the author.
vikram said...

Busen jala ksarkar ka ni apna hi nuksaan hona h bewakoof

Pramod Dixit said...
This comment has been removed by the author.
Pramod Dixit said...
This comment has been removed by the author.
prasad said...

joke of the year 2%

santosh kumar said...

Don't speak like a fool..u r a banker maintain yr gravity.....

vivek kumar said...

i wonder whether meeting was for salary hike or DA hike?

GHANSHYAM SINGH said...

Bank walo Ko govt bhikari samajhati hai to bhikari Ko 1 or 2 RS hi milega na.Haa M.P or MLA hota to jarur yah 100 or 200 percent hota.Union leaders doov Maro.



vivek kumar said...

gravity is hard to maintain when any aira gaira speaks to a banker like this.." 4 din(recent 4 holidays) ki fokat pagar khayi hai ab kuch kaam bhi kar lo"....we have been reduced to labour chowk's labour .dats it...

Pankaj Wadhwa said...

What a great offer...cut off doing all gvt schemes ...cut off doing insurance...kaam utana hi karo k salary jyada lage...

GHANSHYAM SINGH said...

Aur karo kood kood kar sarkar ka kam.ye hi milega .NAA to koi media tumhari bolta hai or nahi koi political leaders.Vote use karo jo tumhari awaj uthaye .channel so dekho jo bankers ki
Problems Ko analysis kare.

GHANSHYAM SINGH said...

Sirf ek hi patrakar hai aur ek hi
Channel hai jo truth rakhane ki himmat
Juta pata hai Wah hai Mr Ravish Kumar.
Thanks to Ravish Kumar.

hussain said...

Instead of calling for 2 days strike, call for indefinite strike. We should not waste our money and time by calling one day or 2 days strike for every round routine IBA meet. Strike till final settlement...

Anonymous said...

If govt want to offer wage increase according to banks health then increase pay every year not after five years according to banks profit.And stop using us as a bakra for govt scheme and apps.We bankers with our family are 1 crore + We are huge power for winning election

Anurag Tripathi said...

Toh phir lelo banker banke inse settlement

Anurag Tripathi said...

Bhai tu hi ban le banker ur bana le gravity

Anurag Tripathi said...

Bhai tu hi ban le banker aur maintain kr apni gravity

Unknown said...

Last resort..Go for indefinite strike..2din k strike se kuch haasil hone wala nahi hain

anand gummadi said...

Strike

Anonymous said...

what an offer. leaders are responsible for this sad state of banking staff. in the pervious settlement special pay was excluded for retirement benefits. this time GOD knows what all will be excluded and these so called buddijeevi leaders will sign on the dotted lines. forget about strikes and all those things. as long as the present leaders take part in the negotiations only some peanuts can be expected.

Anonymous said...

Union should go on an indefinite strike and should talk with IBA only after a 5-day strike.

Anonymous said...

See the sacrifice our beloved union did .Guys they boycott the lunch. We are very thankfull to the unions.Salo ko ab.mauka mil gaya settelment delay karne ka.And guys its our right to ask for the increment why these union people were waiting gor the iba offer. Are we beggers that the iba will decide our salary. And what a joke 2%.Now our inion will ask them to 5% and the settelment will done on 3%.

Mullangi Maruthi said...

IBA insulting all Indian Bankers. Bankers are not beggars, begging for money. Truely it's big shame to Bankers. We all are supporting Government for implementation of all Govt sponsered schemes. But this is the view of Govt on Bankers. Bankers should go indefinite strike.

Mullangi Maruthi said...

Good joke

Anonymous said...

We are implementing both central and state government schemes. But none of them are ready to compansation for implementing govt sponsored schemes. More particularly state governments contributing nothing.

Anonymous said...

We should unite and fight for our rights by going to indefinite strike.also say no to all government schemes including ppf,scss,sukanya samradhi etc.

nagaraju Kota said...
This comment has been removed by the author.
nagaraju Kota said...

IBA AND BANK MANAGEMENTS GET READY TO WORK AT MY HOME U WILL GET 3% HIKE IT IS 1% EXTRA YOU PEOPLE OFFERED US. WE ARE NOT BEGGERS WE THE REAL SERVENTS TO THE PUBLIC, WHY IBA AND GOVT ASKING FOR PROFITS. PUBLIC SECTOR BANKS ARE ESTABLISHED SERVICE PURPOSE PNLY NOT FOR PROFITS. OUR UNION LEADERS AND IBA ARE PALYING WITH OUR EMOTIONS

Anonymous said...

2 days strike is like 2nd Saturday and Sunday.. Koi problem ni hogi govt ko.

Unknown said...

SATURDAY, 5 th May, 2018
====================== *XI th BIPARTITE STTLEMENT TALKS*

Today at IBA office at Churchgate talks regarding XI th Bipartite Settlement were held

On behalf of IBA following Officials were present :
1. Mr. R. K.Thakkar, IBA Chairman & Chairman UCO Bank.
2. Mr. Jayakumar, Chairman BOB
3. Mr. Rajkiran Rai, Chairman Union Bank
4. Mr. Kannan, CEO of IBA.
and other executives.

Details of discussion :
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
1. About *'Medical Insurance* Scheme', various options were discussed at length. Discussion remained inconclusive. It was decided to have separate meeting on this issue.
2. Discussion on Variable Pay remained inconclusive. UFBU opposed the notion of *Variable Pay.*
3. IBA made it clear that talks will be held ONLY upto Scale III officers. Because of fractured mandate received from Banks.
4. Initial Offer for *Salary Revision* :
IBA said,"Due to deteriorating financial condition of Banks revealed by recent quarterly results and also disappointing results are expected for forthcoming quarters." IBA made offer of *2 % hike in Pay Slip.* UFBU protested and refused the paltry offer. IBA asked about unions about their expectations. UFBU told them to go by 'Charter of Demands' , which states clearly the expectations. UFBU asked IBA to stop wasting time by making such offer which is mockery.
UFBU deciding its course of action.

Anonymous said...

Who the fkucs are officiating iba..ask these bsratasd to explain their grounds for offering 2pc profit in open forum and not in close room.let the negotiations go live.bloody spoiled mood totally..

Dharmendra Singh said...

UBFU should present our demands before IBA if not accepted by IBA than go for indefinite strike and stop wasting time in meetings with IBA .

Lkd said...

Iba ko remove kar ke sidhe govt se bat karo aur aukat nahi bat karne ki to union se nikal jao permenently

Lkd said...

Iba aur ufbu bhikhari hai hum bankers nahi

Lkd said...

Iba aur ufbu bhikhari hai hum bankers nahi

Dharmendra Singh said...
This comment has been removed by the author.
biswajit said...

2 or 5 days strike is not beneficial.indefinite strike is the one and only solution.

vivek kumar singh said...

Yes i agree

kiran rajpadh said...

Da hike

Anonymous said...

2 percent on payslip means if my salary is 20000 then i would get 400 rupees hike.
"dealing naalum oru manasatchi venaamayaa?"

Ravindra Kumar Jain said...

It is shameful to offer like this while P M Modi himself appreciated bank employees.now he is decieving. unions should leave talks and go on indefinite strike.only pooe MPs and PM please increase your wages.please do not insult ourselves.thanks

sikha said...

2019 bjp hatao banker bachao....

sikha said...
This comment has been removed by the author.
Anand Kumar said...

Very nice 2% kya bat hai modi ji ka ye kamal sala bankers ko bhikhari samjha hai kya be .lagta hai sala hamlogo se bhi pakauda talwaye ga ye modi

Anand Kumar said...

Ye sarkar kuch nahi karne wali ham bankers ke liye ya unke pariwar walo ke liye

sikha said...

be ready for maximun 5 pc.....so aur koi part time job karne lagegi

sikha said...

be ready for maximun 5 pc.....so aur koi part time job karne lagegi

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

surender sethi said...

Do not worry 2 percent ki offer pehle me settlement me directly gayi this. This will be improved in next meetings. We have enough time upto 2022.

surender sethi said...

Ok

mukul said...

No body should go fr strike y shd we get cut of 2 days strike just bcas these basturd union leaders can’t do anything boycott iba and approach supreme court instead..ufbu sucks

Anonymous said...

IBA said,"Due to deteriorating financial condition of Banks revealed by recent quarterly results and also disappointing results are expected for forthcoming quarters."

The operating profit of every bank is on the rise but because of provisioning due to NPA the banks are incurring Net Loss. So what is GOI, RBI & IBA are doing to recover the NPA. As far as I know the RBI & GOI is only focussing on the framework of NPA classification so that more and more NPAs are classified and now every month. But why are they not making any laws for recovery from wilful defaulters so as to reduce the NPA.

Oh! Sorry I forgot like every other Indian the Political-Bussiness nexus - you help us financially before elections we will help you after elections.

And the IBA/PSB officials for their own personal benefits do not speak about the issue and are more focused towards useless methods like demonstrations for recovery and reducing expenses through austerity measures like cutting down employees allowances, removing security guards & generators, not repairing/replacing basic infrastructurural materials etc.

And did I tell you about the loan wave off announced by the various state Govt as part of their pre-election manifesto to gain votes results in more NPAs as the peoples think that even their loans would be waived off so why pay.

In the end who pays for all this, we the poor, hard working(beyond banking hours and in holidays too) never recognised Bankers...

On one end the GOI says the PSBs have to do financial inclusion and implement govt policies as you are govt backed banks but on the other end they say banks are profit making organisations and should earn profit. How do both things go hand in hand...The same thing goes for Railways they are doing social welfare and not earning profit but are they facing the same heat???

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

mukul said...

Next chai pani pakoda meeting kab h..ye ghaseet k 2-3 saal aage le jaenge baad mei bikhario ki trha levy maangege..sb buddo ko hatao...settlement mei sb young log hone chahie..or ye ufbu k leaders ko kisne authorise kiya settlement execute krne k liye..humne koi vote nhi diya

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

krishna said...

We should show our devastating frustration through indefinite strike untill they accept for every Saturday holiday.

m das said...

Why UFBU had negotiated non financial issues with IBA without finalising pay hike issue?

Raghubir said...

IBA is untamed Dog who eat our whole earnings and bark us at Govt signal
Bankers should finish his identity to reduce expenditure

GHANSHYAM SINGH said...

Bankers shuru kare BJP hatao bank bachaon abhiyan .

Anonymous said...

Its High time. We should fight for our rights. The quantum of salary increase is reflection of the government's stand / view about bankers.

lets join hands together and focus on our core activities only. Stop all other schemes which the government has been pushing through our throat. It has been the bankers only who have relentlessly worked to make all the government schemes being successful.

All Bankers across scales should join hands together for an indefinite strike till we get Salary hike similar to what the Central Government employees got i.e. 2.57 times of the 6th pay commission. The salary increase should be consumerate to the quantum of increase for CG employees.

Also the other demands like all saturdays as off.

NR KULKARNI said...

Insist for minimum raise as applicable to C G Employees.We have never heard from govt saying
that while revising salary they quote no GDP growth or economic condition of the country.why in the case of Bankers only.

NR KULKARNI said...

Insist for minimum raise as applicable to C G Employees.We have never heard from govt saying
that while revising salary they quote no GDP growth or economic condition of the country.why in the case of Bankers only.

rajeevkojha said...

Unions/Associations are all thieves,who looted the banks with Ministers,CMDs,Directors of the PSBs by throwing out depositors` money to Mallya,Adani,Ambani,Ruia,Chota Modi,Mehul and Co.IBA and Union/Association netas supported all these bad loans in Board Meetings for obtaining bribes.Assets of all these persons must be seized,they should be jailed only then the Bankers will get decent salaries.
In the alter native bankers should adjust their work in tune with the beggarly wages they are getting.

Santosh singh said...

Sikke ke do pahalu,head and tale so IBA
and UFBU both are thieves and looting
bankers hard earned money

Santosh singh said...

Chor chor mosere bhai .IBA & UFBU .both
Should be resolved .This Govt.is enti
Employees and pro to Industrialist so
Donot vote BJP

Unknown said...

Iba and our union both are making fun of us.this is beginning of long term drama.it will continue for years together.now what is use of sitting for negotiation if theirequired mind set is istill such.they are bargaining as we are bigger. Why there are one or two days strikearlier. It should be indignite till we get our demand

JAGADISH B H said...

Unions should take a serious on this Note of offer and should act quickly by going for indefinite strike. We banker's should show our importance to everyone in country then only GOVT will realise. Unions should not be on the back drop until settlement signed.

Anonymous said...

Dear friends...Do u know that other govt departments r laughing At us.... And they are talking as these bankers are useless to our society..so govt is responding.....in such a way....

GHANSHYAM SINGH said...

Union hai Kahan?Ye to Dalal hai

Santosh singh said...

Both are same .their tactics to
Delay for commission

BRAJESH KUMAR said...

Doob maro

BRAJESH KUMAR said...

Doob maro

Anonymous said...

Many young people will leave banking sector and consequently the economic conditions of the country will deteriorate .. No votes for BJP

Anonymous said...

Very Disappointed.
I am ready to go for indefinite strike not for one or two day strike.
We must fight for our right.
Do't delay.

Marudhappan Munuswamy said...

Shame to Bankers and Modiji if fixed Less than CPC to GOI staff. If comrades fail we elect BJP union.Indefinite strike justifiable. AIB and GOI is responsible for any loss caused by strike and shall be paid by them.

Anonymous said...

Please share the entire video footage of the discussion(5th may 2018). THE LEADERS should refrain themselves from any other meeting but to go for indefinite strike with a demand for at least 25% hike.Make a situation that the entire banking system is collapsed .

Atanu Chakraborty said...

In each bipartite this type drama takes place .So don't be upset. After a lapse of 28/29 months long drama 14 to 15 percent will be settled foregoing 5 to 8 days salary. OK.

Anonymous said...

Dear comrades,
This is not the offer given by IBA. It is the directive of Finance Ministry. If something goes wrong, the Fin Min intervene as if they are not aware; if it clicks, they will boast as if they have achieved. This is the hatred developed by the Fin.Min over Bank employees. We need not go in for strike and loose salary. We will declare 'work to rule' and need not loose salary.We will make the Fin.Min realize what they have to swallow. The loss making insurance companies reached a good settlement last time. Only the Bankers are at a pity. With the burden of leaders like CHV, this time getting a decent settlement is very difficult. This is the right time for a Banking Pay Commission. The one point agenda is demanding a BPC

Anonymous said...

I do not find any logic in negotiations, demand should be only one : salary as per Central Government Services

Mohamed Maqbool said...

Shameless offer by IBA we want indefinite strike.

s ana said...
This comment has been removed by the author.
s ana said...
This comment has been removed by the author.
Anonymous said...

New drama by IBA & UFBU,

s ana said...
This comment has been removed by the author.
Amartya Sarkar said...

IBA has just spat on the face of 10lakh bank employee and officers minus the officials above scale IV. This govt. by the formulation of banks board beaureau and its subsequent recommendation has made its intentions clear that it wants to reward the top executives of bank. Hence we see that settlement negotiations are limited to officers in scale III. IBA is represented by the top most executives of few PSBs. As is the case of MPs deciding their own salary. Bank executives are also going to decide their own salary and are going to reward themselves huge raises. These CEO/MD of PSBs in connivance with the Govt. have mocked us all big time. 2% increase for an entry level employee is an increase of Rupees 468 only. Is this a joke??? Basic component of Annual increment is more than that. Now back to the executives; IBA has cited loss owing to bad loans. Friends you will be aware that the bad loans which actualy dent the financial system are all sanctioned by CAC circle level and Board at HO level.These committes are comprised of top executives. So who are actualy to be blamed. Govt. is hand in gloves with the corporate defaulters of this country. Naturaly Govt. wants to reward the executives who are actualy responsible for the bad loans. Its high time for the unions to give a clarion call to all the members to go on an indefinite strike against management and gov of India. Please dont let the evil intentions of these Govt. to see daylight. Otherwise dark days are coming for the Aam Banker!!!!!!

Anonymous said...

Bankers ka to kela hi kat liya. Their children will go to govt schools. Their wife's will do household work of neighbors. Then we will c lic and gic getting 15 percent hike on basic and da and 23 percent in payslip just as last year...in short kela kat gaya

Band Bornfire said...

Why to delay start from today, let show the govt, without banking support how govt run, without a healthy increase we will work as other govt servant and will not work on any govt scheme, lets start non cooperation movement with govt. for our dignity

Band Bornfire said...

Why to delay start from today, let show the govt, without banking support how govt run, without a healthy increase we will work as other govt servant and will not work on any govt scheme, lets start non cooperation movement with govt. for our dignity

dipak jadhav said...

What the hell?...how IBA dare to offer 2% rise.
they should no what is market condition.
Even for children school fee school management clearly mention every year 10% rise in school fee.
And here IBA offer 2% rise after 5 years in pay scale….

Here UFBA will listen this offer this is biggest insult in this whole world for Bank employee who is spending there whole life for BANK..

Anonymous said...

mil gaya modi ka 2%wala lullu aur jetli ka tullu iba ,govt and union leaders are tharki no.01.govt is busy only for election and nothing to do with wage revision for bankers but interested in their own salary increase in parliament.it is shame that we praise these tharki leaders as pm and fm of the country .we should openly criticize these leaders at various forums and social media so they feel ashamed of giving only jumlabazi.

Unknown said...

I was a hard core supporter of Modi,but not any more..We implemented all the govt.schemes with full enthusiasm..During demonetisation,even though our body was giving in due to tiredness,we the bankers continued serving the public just because we had faith in our PM.We thought here is a leader who is there to make a difference and who understands the problems prevailing in our country..But with a heavy heart I have to say that our PM has disappointed us big time..If he truely acknowledges the service rendered by the bankers at various times,he has to step in and issue some directives because I don’t think IBA is in a mood to settle the issue any time soon..And about our union leaders,the less said the better..Those leaders are just parasites!
So,let’s start a signature campaign and submit a memorandum to PMO office seeking his intervention and resolution of our bipartite settlement at the earliest..If it still doesn’t work dan my motto would be “BJP HATAO BANKERS BACHAO”

sumeshsadan said...

These piling NPAs once produced a good chunk of profit in PSBs due to incorrect classification and the PSBs have paid these profits to mostly the government and the share holders. Not a single paise was shared among staff. And now when PSBs are in loss we the bankers are to bear it alone. We are already dyeing hard with the work pressure and work load. We heard many financial analysts and top beaurocrats opining about wasting public money on PSBs by financing. Let me remind you people something. PSBs have provided the government with thousands of crores of rupees profit in the past. They played a major part in the development of the nation and helping the people in need. What we call NPA is mainly constituted of corporate loans MSME farm credit and educational loans. Without these lakhs of crores of rupees we wouldn't have reached thus far as a nation. It is shame on the part of the borrowers who have shown their back on us bankers. We bankers/PSBs have always been the backbone of the nation. Please don't make us beg which we are already doing in day to day work in front of our NPA customers.

sumeshsadan said...

These piling NPAs once produced a good chunk of profit in PSBs due to incorrect classification and the PSBs have paid these profits to mostly the government and the share holders. Not a single paise was shared among staff. And now when PSBs are in loss we the bankers are to bear it alone. We are already dyeing hard with the work pressure and work load. We heard many financial analysts and top beaurocrats opining about wasting public money on PSBs by financing. Let me remind you people something. PSBs have provided the government with thousands of crores of rupees profit in the past. They played a major part in the development of the nation and helping the people in need. What we call NPA is mainly constituted of corporate loans MSME farm credit and educational loans. Without these lakhs of crores of rupees we wouldn't have reached thus far as a nation. It is shame on the part of the borrowers who have shown their back on us bankers. We bankers/PSBs have always been the backbone of the nation. Please don't make us beg which we are already doing in day to day work in front of our NPA customers.

Akole Rahul kumar said...

Yes thats the way we should be doing