Tuesday, October 30, 2012

COMMON CHARTER OF DEMAND



        COMMON CHARTER OF DEMANDS
FOR REVISION OF WAGES AND
SERVICE CONDITIONS
UNDER 10TH BIPARTITE SETTLEMENT


(AIBEA+ NCBE + BEFI +INBEF +NOBW)


Five Award staff Unions submitted the Common Charter of demands to 

IBA today (30.10.2012)

HIGHLIGHTS!!

**Increase 30% for Clerks and 35% for Substaff .

**Stagnation Increments without ceiling.

**Increase in Spl.Allow. commensurate with risk and responsibility, over and above merging of D.A.

** D.A. increase every month.

** Petrol cost reimbursement.

**Casual leave 18 days, P.L. accumulation up to 300 days.

** Cost of Hospitalisation reimbursement to be outside wage cost

** Overtime for connectivity problem/late sitting.

**Reimbursement of lodging bill over and above Halting allow.,

** 5 days week to be introduced.

**Education loan on concessional rate to staff.

** Pensioners/Retired Employees:

   PF 12%,

   Gratuity calculation revision,

   New Pension Scheme to be withdrawn for newly recruited employees,

   Updation pension with every settlement

   100% D.A. nutralisation,

   Family pension improvement,

   Extending 2nd pension option to all resigned employees,

   LFC and Hospitalisation for retired employees,

   Cost of superannuation benefits should be outside wage cost.


Following is the copy of  charter of demands:


CLICK THE FOLLOWING LINK FOR FULL DETAILS

10 B.P.S DEMAND ORIGINAL DOCUMENT!



for Those want to read in text form=>



1____________________________________________________________________________
CHARTER OF DEMANDS FOR 10TH BIPARTITE SETTLEMENT
ON REVISION OF WAGES AND SERVICE CONDITIONS
1. BASIC PAY
♦ Revision of Basic Pay w.e.f. 01-11-2012 by merger of D.A. payable at the average index for
the quarter July-September 2012.
♦ Construction of revised pay scales by loading thereafter at 30% to clerical staff and 35% to
subordinate staff.
♦ Fitment on stage to stage basis
Stagnation Increments
♦ Stagnation increments once in 2 years without any  ceiling for both clerical and subordinate
staff.
♦ Stagnation increment/s to be given in all cases of reversion from officer to clerical cadre and
clerical to substaff cadre
2. SPECIAL PAY / PQP/ EQP / FPP/ OFFICIATING PAY
♦ Special Pay to be revised by merger of D.A and loading as in the case of Basic Pay.
♦ Further increase in Special Pay amount commensurate with the duties, responsibilities and
risks involved in each post.
♦ Revision of PQP/EQP equivalent to the first stage increment in the pay scale.
♦ Revision of FPP on the same lines of revision of basic pay.
♦ Sanction of additional increments to Sub-Staff for acquiring additional qualifications.
♦ Anomaly in denial of additional increments for directly passing post-graduation to be rectified.
♦ Restrictions in payment of officiating allowance to be removed. Formula for computation of
officiating pay needs to be revised and made simple.
3. DEARNESS ALLOWANCE
♦ D.A. to be paid based on CPI (2001=100) Index Series instead of CPI (1960=100) Series.
♦ D.A. to be revised on monthly variation in Index.
♦ D.A. to be revised on rise and fall of every point in the Index.
♦ D.A. compensation to be 110% for Clerical Staff and 120% for Subordinate Staff.  2
4. HOUSE RENT ALLOWANCE
♦ Housing accommodation/ Quarters to be provided by Banks to all employees – Wherever not
provided, HRA to be paid.
♦ Revision of HRA rates suitably on the revised Pay.
♦ Areas/population group to be re-classified and based on latest census figures.
♦ Treating peripheral areas of metros at par for payment of HRA.
♦ Introduction of Leased Accommodation facility to employees.
♦ Payment of HRA on Capital Cost / Rent Receipt basis upto 150% of normal entitlement.
♦ Payment of HRA to employees residing in Bank’s Quarters after recovery of standard rent.
♦ Special Economic Zone/EPZ/NEZ, etc. to be made at par with Project Areas.
♦ Revision in HRA rates at places based on mid-census population figures
♦ Revision in HRA at project area centres.
5. TRANSPORT PAY - PETROL COST REIMBURSEMENT
♦ Reimbursement of petrol cost to all employees who own vehicles.
♦ Transport Pay to those employees who do not own vehicles.
♦ Existing Transport Allowance to be substantially increased and renamed as Transport Pay with
payment of D.A. thereon.
6. OTHER ALLOWANCES
♦ Adequate increase in all existing Other Allowances.
♦ Adequate increase in Halting Allowance/Reimbursement of Lodging Expenses.
♦ Introduction of Education Allowance
♦ Introduction of Closing Allowance, Mid-academic Year Allowance, Discomfort Allowance for
staggered/odd-hour duties.
♦ Extension of allowances paid to Central/State Government Employees like Disturbed Area
Allowance, Island Allowance, Agency/Tribal Allowance, Remote/Difficult Area Allowance, etc.
Extension of North-East incentive as per 6th pay commission and as extended to RBI
employees in North-east/Sikkim.
♦ Far-flung/difficult areas in Uttaranchal to be paid Spl. Area Allowance at par with Leh/Ladakh
etc.
♦ Hill allowance should be given to all Districts where State Governments are paying Hill
Allowance.
7. LEAVE RULES
Improvements in Leave Rules.
Casual Leave
♦ Casual leave to be increased to 18 days.
♦ The ceiling of maximum 4 days for availment of CL subject to a maximum of 6 days including
prefixing / intervening / suffixing holidays to be removed.
♦ Unavailed Casual Leave to be sanctioned without medical certificate.
♦ 25 days CL for physically challenged employees.
Privilege Leave
♦ Accumulation of Privilege Leave should be increased to 300 days .
♦ Encashment of Privilege Leave should be increased to 300 days. Where there is any shortfall
under PL, Sick Leave to be allowed for encashment, if available.
♦ Employees should be permitted to avail Privilege Leave on 5 occasions in a calendar year.
♦ Privilege leave availed, irrespective of number of days, on grounds of sickness on production
of medical certificate be allowed without being counted as a chance.
♦ Employees should be permitted to avail their privilege leave on production of sickness
certificate even in cases of illness of their family members residing with them.
♦ Privilege Leave encashment to be permitted in case of loss of job due to
punishments/resignations.
♦ Notice period for availing privilege leave should be reduced from 30 days to 7 days
♦ Intervening holidays falling in between the leave  period should not be counted as Privilege
Leave.  3
Sick Leave
♦ One month sick leave for every completed year of service, without any ceiling.
♦ Submission of medical certificate be waived for availing sick leave for small ailments like fever,
flu etc, for maximum period of 5 days. For this, number of occasions in a year may be stipulated.
♦Employees should be permitted to avail their sick leave on production of sickness certificate
even in cases of illness of their family members residing with them.
♦Special sick leave over and above the normal eligibility for treatment of cancer, renal failure,
major accidents etc. and in cases, where all leave has been exhausted.
♦ Intervening holidays falling in between the leave period should not be counted as Sick Leave.
Sick Leave for employees who donate kidney
Introduction of Special Sick Leave for kidney donation.
Maternity Leave:
♦ A female employee may be granted maternity leave, for legal adoption of child, upto one year
within the overall entitlement.
♦ Maternity leave for hysterectomy to be increased to 2 months.
♦ Over and above the maternity leave, another 2 months to be given to cover cases of
hysterectomy, wherein the maternity leave is already exhausted.
♦ Maternity leave should be 2 years in service for women employees and for 1 year on one
occasion for one child.
♦ Specific gyneac ailments to be covered under maternity leave including infertility treatment.
♦ In clause 30(d) of 9th Bipartite Settlement, under ML for adoption of child, the clause
‘whichever is earlier’ to be deleted.
Paternity Leave
Paternity leave on the lines as available for government employees be extended to bank
employees also.
Child Care Leave
Child care leave on the lines as available for government employees be extended to bank
employees also.
Sabbatical Leave
Sabbatical leave to all employees upto 2 years in the entire service with service benefits.
Study Leave
Introduction of study leave for employees to pursue higher studies
Special Leave for Office-bearers
♦ Special leave provided for office bearers should be enhanced.
♦ Provision of Duty Leave to Office-bearers for attending conciliation meetings/ labour courts
/tribunals / labour training programmes, etc.
Leave Bank
Leave bank concept should be introduced with suitable modalities with sole object to help
colleague employees in distress due to terminal diseases and having no leave to their credit.
Extra-ordinary Leave
Extra-ordinary leave should be permitted upto 24 months instead of 12 months.
Absence during Curfew, etc.
Absence due to curfew, riots, natural calamities/ prohibitory orders and other disturbances
beyond the control of the employees to be treated as on duty.
Special leave for sports, etc.
Provision to be made for special leave for sports activities, trekking, mountaineering, etc. to
those employees, who take part in approved competitions/programmes.
Special Leave with Pay when an employee dies after major ailments
In case of death of the employee on account of prolonged sickness, the period of leave on loss
of pay should be treated as special leave with pay.  4
8. MEDICAL AID / HOSPITALISATION
COST OF HOSPITALISATION EXPENSES REIMBURSEMENT TO BE OUTSIDE THE WAGE COST
ANNUAL MEDICAL AID:
Substantial increase in annual medical aid amount due to escalation in cost of doctor fees,
medicines, etc.
HOSPITALISATION:
♦ Introduction of a scheme on the lines of CGHS of Government Employees.
♦ Reimbursement of 100% actual expenses to employees/family members under hospitalisation.
♦ 100% reimbursement for Part Time employees also.
♦ All Hospitalization expenses / charges related to  Ventilator, monitor and different medical
instruments / all pathological and other tests required for treatment as prescribed by
Doctors/Hospital should be reimbursed.
♦ New list of diseases / tests / treatments to be included.
♦ Reimbursement of pre and post hospitalization expenses up to 30 and 90 days. .
♦ The schedule of Investigation charges, operation charges, hospitalization charges etc. should
be upwardly revised in consonance with the charges of recognized hospitals and nursing homes,
instead of charges of civil hospital.
♦ Schedule of charges, etc. to be revised once in 2 years to reflect the ever increasing costs.
♦ All type of dental treatment i.e. complete denture, dental fillings, implantation of teeth, dental
bridges, RCT, Scaling, Dental Ceramics (capping) and gingivoplasty to be covered under
hospitalization treatment.
♦ Nursing charges should be reimbursed under hospitalisation scheme.
♦ Reimbursement for lithotripsy test for crushing stone in kidney by latest technology which
replaces the surgical operations for removal of stone should also be included.
♦ Reimbursement of treatment expenses incurred after discharge should be made available to
the date of full recovery.
♦ Reimbursement of cost of limbs, organs, artificial aids, life supporting devices, calipers etc.
♦ Reimbursement of cost of disposables, consumables, etc.
♦ Revision/enlargement of treatment under Package Charges.
♦ Re-classification of minor/major/special operations
♦ Bed Charges be revised substantially for clerical and sub-staff. The charges be made actual.
♦ Operation/Treatment for corrections of physical disabilities since birth be permitted as well as
arising out of accidents.
♦ Reimbursement of cost of cataract operation and knee cap transplantation to be included
under Package Treatment.
♦ Cost of infertility treatment to be reimbursed.
♦ For outside treatment, if referred, Traveling Expenses bill with one attendant may be
reimbursed as per the class of entitlement.
♦ Reimbursement of actual/reasonable Ambulance charges for shifting of patients from one
centre to another centre.
♦ Expenses towards donors’ expenditure related to the donor should be included under package
charges.
♦ Normal delivery charges should be reimbursed, in full.
PATHOLOGICAL/RADIOLOGICAL TESTS:
♦All diseases /tests covered in central government health scheme be adopted in the bipartite
settlement.
♦Reimbursement of charges for all Pathological and other tests prescribed by the Doctor/
hospital, even where it does not ultimately result in hospitalisation.
♦All types of medical tests are to be reimbursed in full without hospitalisation.  5
DOMICILIARY TREATMENT:
♦List of diseases covered under domiciliary treatment to be expanded and re-defined. Any
ailment certified by the registered medical practitioner be deemed as domiciliary treatment and
be reimbursed 100% for self and dependents as many  diseases are now not covered in the
domiciliary treatment.
♦Dental treatment be included for reimbursement under domiciliary treatment.
♦Domiciliary treatment Reimbursement as per prescription or minimum one year.
♦Dog, cat, monkey rat, and snake bite also be covered under domiciliary treatment.
DAY CARE SURGERY:
Cases of employees admitted as day care patient and discharged after surgical treatment to be
included for reimbursement of Hospitalization expenses. (other than In –patients)
HEALTH CHECK-UP:
♦Reimbursement of health check-up expenses, atleast to those above 50 years of age.
♦Periodical health checkup for those who operate computers and reimbursement of expenses
related to computer related diseases.
OTHER SYSTEMS OF TREATMENT:
♦All Other streams of treatment to be covered. External applications under Ayurveda/
Homoeopathy/ Unani/ Siddha be considered for reimbursement since it is the main method of
treatment.
♦Hospitals registered by State/ Central Government be considered under Ayurveda/
Homoeopathy/ Unani/ Siddha system.
♦Cost of medicines of Ayurvedic, Unani, Homeopathic  should be reimbursed, on the basis of
actual bills.
MEDICLAIM COVERED CASES:
Banks must reimburse eligible amount based on certificate from Insurance Cos / certified copies
of bills.
RETIREES:
Retired employees should be covered by a hospitalisation expenses reimbursement scheme.
9. LEAVE FARE CONCESSION
♦ Improvements to be made in LFC scheme on distance, class and mode of travel, etc
♦ Husband and wife if they are working in different  banks are allowed to avail their block of  
LFC separately. Same provision may be allowed to couple working in the same bank.
♦ One day compulsory leave for availing LFC encashment be removed.
♦ LFC encashment amount be increased to 100%
♦ Road mileage charges to be increased to Rs.5 per KM.
♦ Rajdhani & Shatabdi fare should be included.
♦ Sight-seeing and local charges be also paid by the Bank within overall limit.
♦ To and fro Air Fare, beyond LFC entitlement, be paid to employees working in Tripura,
Meghalaya, Manipur, Nagaland, Arunachal Pradesh, Mizoram to Kolkata, Andaman-Nicobar
Islands up to Kolkata / Chennai and in Lakshadweep up to Cochin. And in far flung areas of
Himalayan States to Chandigarh/Delhi.
♦ LFC to visit abroad to be permitted.
♦ LFC by any mode including own car to be permitted.
♦ One more option for change of periodicity.
♦ Package tour should be allowed within overall limit
♦ Pony charges be increased.
♦ Reimbursement of service charges for booking of tickets be allowed.
♦ Partial encashment of LFC to be allowed
♦ LFC to be actually availed in alternative blocks and 100 % encashment to be available on
alternative blocks  6
10. OTHER SERVICE CONDITIONS
On duty journey entitlement to be II class A/c for all the trains.
ON TRANSFER
♦ House Hold Goods Transportation Charges and breakage should be increased substantially.
♦ Transportation of personal effects by road by an IBA approved transport operator to be
permitted in all cases.
♦ To increase the stipulated weight upto 5000 kgs.
♦ Compensation due to breakage or damage to be increased to Rs.2000/- on production of
receipt and Rs.1500/- in case no receipt is produced.
OVERTIME:
Method of calculation of overtime should be simplified and improved. Many banks are not paying
overtime to employees even when they sit late for completion of their work due to connectivity
problem in CBS system.
11. DISCIPLINARY ACTION & PROCEDURE
♦ For claiming travelling expenses for defending an employee in the departmental action,
existing restrictions of ‘within the State’ be removed.
♦ Subsistence Allowance: to be improved upon.
♦ Para 522 (1) of Sastry Award to be deleted.
♦ Indiscriminate usage of Clause 5 (j) to be stopped.
♦ Multiple charges for one incident should not be made out.
♦ Punishment order by the Disciplinary Authority not to be implemented till the final disposal of
Appeal by the Appellate Authority.
♦ Issuance of charge sheet under Pension Regulation to award staff after retirement to be
stopped since it is not provided in BPS
♦ Awarding the punishment of stoppage of increments should be without affecting
superannuation benefits, as in the case of officers.
♦ Reduction in the pay scale should not affect stagnation increments.
♦ Provision for appeal against suspension
♦ In case of punishment of dismissals, a provision for Review Authority
12. SUPERANNUATION BENEFITS
PROVIDENT FUND
12% of ‘Pay’
Gratuity
♦ One month’s ‘Pay’ for each year of service rendered without any restrictions.
♦ Last drawn ‘Pay’ or 12 months average Pay, whichever is higher, should be taken for
computation of gratuity.
Pension related issues:
♦ NPS to be withdrawn and all new employees from 1-4-2010 covered by NPS to be covered by
old scheme under Pension Regulation 1995.
♦ Permanent Part-time employees on Consolidated Wages prior to 1.5.2010 and made 1/3rd
wage from 1-5-2010 should be covered by Pension Regulations.
♦ Refund of contribution to pension fund to the employees who joined between 1.11.1993 but
before Pension Regulation came in force in 1995/1996.
♦ Periodical Pension updation along with wage revision of service employees
♦ Basic pension of all existing pensioners to be updated at the same index level like Basic   Pay
of service employees viz July-Sept.2012 average.
♦ DA on pension to be on monthly basis.
♦ Same DA at 100% compensation for all pensioners and removal of slab system.
♦ Extending 2nd option facility to employees who resigned between 1995 and 27.4.2010.
♦ Qualifying service for full pension should be 20 years like in Govt/RBI;
♦ Average of 10 months or last drawn ‘Pay’, ‘whichever is higher’ should be considered for
calculation of basic pension.  7
♦ Service rendered in Defence, if not counted for Defence pension should be added in bank
service for payment of pension
♦ Actual service of Part time employees should be counted for pension and not on pro rata
basis.
Family Pension –
♦ To be improved at par with RBI/ Government pension scheme
♦ Full pension as family pension for seven years or upto the age of 67 years instead of 65 years,
♦ Payment of Family Pension to unmarried/widowed daughters for life and if spouse and
daughters are not available then to parents.
♦ Incorporation of provision in Pension Regulation in synergy with Clause 6 (b) 6 (c) and 6 (d) of
settlement dated 10.4.2002.
♦ Extension of Para-368(17) of Sastry Award to Pension Optees.
Encashment of leave:
♦ Encashment of Privilege Leave should be increased to 300 days. Where there is any shortfall
under PL, Sick Leave to be allowed for encashment, if available.
♦ Privilege Leave encashment to be permitted in case of loss of job due to
punishments/resignations.
♦ Income Tax limit on exemption from leave encashment on retirement to be suitably amended.
Cost on superannuation benefits should be outside and over & above the negotiated wage cost.
13. BONUS / EX-GRATIA
Bonus Act to be amended to remove the existing eligibility ceiling and Bonus to be paid to all
employees. Till the Act is amended, Ex-gratia in lieu of bonus should be paid to all employees
14. COMPASSIONATE GROUND APPOINTMENTS
Compassionate ground appointments to the family member of the employees who die in harness
to be restored. Scheme to be suitably revised without further delay.
15. DEFINITION OF FAMILY AND DEPENDENTS
‘Family’ for the purpose of hospitalization/Leave Fare Concession should include
parents/parents-in-law, children, unmarried/widowed/ divorced daughter/sister and
physically/mentally challenged son/daughter, brother/sister with disability of 25% or more, who
are ordinarily residing with /wholly dependent on the employee.
16. DEPENDENTS’ INCOME CRITERIA
Amount for defining dependents to be increased from Rs.3500/- to Rs.10000/- per month.
17. FIVE-DAY WEEK
Five-day week should be introduced
18. LOANS & ADVANCES
♦ Improvements in Housing Loan, Vehicle (car/scooter) Loan, on concessional interest rates
♦ Increase in quantum of interest free festival advance
♦ Introduction of Education Loan scheme to wards of  employees for pursuing graduate/postgraduate education etc., under concessional rate of interest.
♦ Housing loan in case of death of an employee should be written off.
19. OUTSOURCED / CONTRACT/ TEMPORARY / CASUAL EMPLOYEES
♦ All types of oursourcing of regular permanent jobs to be withdrawn which are not covered by
existing settlement provisions
♦ All temporary/ contract/casual/outsourced employees should be absorbed.
20. VOLUNTARY CESSATION FROM SERVICE:
♦ This Chapter needs to be deleted in view of court judgements
♦ Those who were removed from service under this clause to be extended a chance to appeal.
♦ Those who have been treated under this provision to be covered under pension scheme and
pension to be sanctioned to them.  8
21. PART TIME EMPLOYEES
♦ All part time sweepers/safaikaramcharies to be converted to full time sweepers.
♦ Reimbursement of hospitalization expenses and LFC at par with the full time employees
♦ Permanent Part-time employees on Consolidated Wages prior to 1.5.2010 and made 1/3rd
wage from 1-5-2010 should be covered by Pension Regulations and not under NPS.
♦ Pension to be paid on actual total service and not on pro rata basis.
♦ Improvement in fitment formula of part-time employees on enhancement to higher-scale/fullscale wages.
♦ ML for legal adoption of child to be extended to part-time employees.
22. RETIRED EMPLOYEES
♦ LFC and Hospitalization reimbursement should be extended to retired bank employees.
♦ Insurance cover to be provided.
♦ Ex-gratia to pre 1986 retirees/widows to be revised.
♦Pension updation along with wage revision of service employees, revising the Basic          
Pension of all past retirees to the index point under 10th BPS, uniform rate of DA for all
pensioners and removal of slab DA system for past retirees, improvement in family pension etc
on the lines of the Government/RBI scheme.
♦ The percentage of allocation towards welfare schemes of retirees should be uniformly defined.
23. EXPENSES WHILE ON TRANSFERS
♦ Transportation charges on transfer should be reimbursed in full by any mode.
♦ Packing charges also be reimbursed.
♦ Hotel accommodation for 6 days with halting allowance on transfer of an employee.
♦ Travel expenses and Joining Time should be allowed to employees on their transferred to
another station.
♦ Breakage charges should be increased by 50%.
♦ Road transport charges should be revised.
24. OTHER SUGGESTIONS
♦ Streamlining and defined business/banking hours within working hours.
♦ Deletion of Para 536 of Sastri Award.
♦ BSRBs should be revived.
♦ Personal drivers in the Banks should be regularised.
♦ Declaration of bank holiday on 8th March for International Women’s Day.
25. IMPROVEMENT IN SERVICE CONDITIONS PERTAINING TO WOMEN EMPLOYEES:
♦ Establishment of child care centres in all major cities and towns to take care of the children.
♦ A female employee may be granted maternity leave, for legal adoption of child, upto one year
within the overall entitlement.
♦ Treatment post hysterectomy be included in the domiciliary treatment.
♦ Maternity leave for hysterectomy be increased to 2 months.
♦ Over and above the 12 months maternity leave, another 2 months to be given to cover cases
of hysterectomy, wherein the maternity leave is already exhausted.
♦ Normal delivery charges should be reimbursed, in full.
♦ Child care leave on the lines of central Government Scheme.
♦ Maternity leave should be 2 years in service for women employees and for 1 year on one
occasion for one child.
♦ Medical treatment during pregnancy period of women employees should be treated as
domiciliary treatment.
♦ Menopause leave to be permitted to women within ML.
♦ Reimbursement of Mammography / Pap Smear Test
♦ Sick leave may be granted to women employees to look after sickness of child below 12 years.
♦ Specific gyanec ailments to be covered under maternity leave including infertility treatment.
♦ In clause 30(d) of 9th Bipartite Settlement, ‘whichever is earlier’ to be deleted.  9
26. PHYSICALLY CHALLENGED / DIFFERENTLY ABLED EMPLOYEES:
♦ Government guidelines on concessions to such employees in transfers/rotations/postings, etc.
to be strictly followed by all Banks.
♦ Revision of conveyance allowance paid to these employees as per Govt. Guidelines.
♦ Physically challenged children of employees to be defined as dependents irrespective of age
or marital status
♦ 25 days CL for physically challenged employees.
♦ Full pension to physically challenged employees at 50% of Pay irrespective of service
rendered.
27. EX-SERVICEMEN EMPLOYEES:
♦ Service rendered in Defence, in case of ex-servicemen employees who are not
drawing/eligible for Defence pension, should be added in bank service for eligibility for payment
of pension.
♦ Uniform and consolidated guidelines to be issued for fixation of emoluments of Ex Servicemen
joining the Banks.
28. STAFF WELFARE SCHEME:
The formula/quantum for allocation from profits for the Staff Welfare Fund should be
revised/increased.
29. ASSURED CAREER PROGRESSION:
Introduction of Assured Career Progression.
30. BANKS’ DAILY DEPOSIT COLLECTORS:
♦ Improvement in Minimum Fall Back Wage, Commission, Gratuity and Conveyance Allowance
of Daily Deposit Collectors working in the Banks.
♦ Looking to the increasing focus on CASA deposits,  the Deposit Collectors to be more and
more utilised for mobilising such deposits.
♦ NPA recovery incentive scheme to be tailored to include these Deposit Collectors for recovery
in small loan accounts
31. GENERAL:
a. The Settlement should be effective from 1-11-2012
b. Settlement should be concluded within six months.
c. Unions reserve the right to alter, amend, add, delete or revise the demands in due course.










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