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Wage Revision in Banks 2014 / HRD Issues / Articles / Discussions - 1st January, 2014 onwards

 

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Are You Planning to Avail your LFC or Other Holidays with your Family in India or Abroad.    You can try  to simply  fill Form Given  and You are likely to be  called by upto four Tour Operators from  whom you can check the rates and other details.  Compare them and if you like finally book the Travel Agent Which you Like.

 

 

 

 

 

 

 

FOR  BANKERS

 

 

 

( Bankers from All Bankers Must Come Together and Support Unions to honorably settle the issues with IBA)

 

 

A. 2nd Pension Option to Resignees

 

Courts Come to Rescue of Resignee Bankers Againt Tyranny of IBA and Bank Managements: Now AIBOC Too Promises To Follow Up with IBA - by Rajesh Goyal and RK Pathak (uploaded on 11/12/2013)

 

 Vijaya Bank Chairman Afraid of Contempt Proceedings Forced to Appear Before Karnataka High Court by Resignees of  Vijaya Bank :  Agrees to Pay Pension To Vijay Bank Resignees in 4 Weeks - by R K Pathak

 

Good News for Resignees : Mr RK Pathak, who was present in Supreme Court,  has reported on phone that SLP of Vijaya Bank has been dismissed by Supreme Court  today (6/12/2013.).  Details will be uploaded after receiving full details.  (uploaded on 6/12/2013 at 1.00 PM)

 

 

 VIJAY  BANK  AGAIN  SHOWN THE DOOR  BY  KARNATAKA   HC   FOR  DENYING  PENSION  TO  THOSE WHO RESIGNED by Rajesh Goyal (updated on 11/11/2013)

 

Now SC Imposes Cost of Rs 50,000 and 6% Interest for Denial of Pension to CRS Optee :  Biggest Ever Slap on Face of Bank Management and IBA  - by Rajesh Goyal and RK Pathak (uploaded on 13/12/2013)

 

 

Gujarat HC Decision - BOB Retired Association

2nd Pension Option to Resignees -  Organisations Which Have Filed Legal Cases  - Consolidation (updated on 29/01/2013)

2nd Pension Option to Resignees -  Latest Court Develepments  (Updated on 28th January, 2013)

 

 

AllBankingSolutions.com  Starts a New Struggle from 2013 : 2nd Pension Option to Resignee and Compulsory Retired Bank Officers - Put All Your Might on All Fronts To Succeed  - Resignee Please Check details.  (updated on 5/01/2013) -

 

 

 

 

  • B. Special Discussion Forum For Updation of Pension Issue during Xth Bipartite Settlement - 2012 - 2013

 

We are starting this as a separate discussion as retired bankers also form one of the major groups of our website and we feel retired bankers have been ignored for too long.  There is a need to form a pressure group and decide the modalities as to who will take the issue of updation of pension at the bipartite talks. 

 

 

→  Pathetic Conditions of Old Bank Retirees - Wives of Two General Managers Who Retired in 1980s Receive Rs1000/- as family pension.  - Let All Retirees Across Banking Industry Launch Countrywide Agitation for updation of pension and move to SC  (uploaded on 03/03/2012)

 

 

→ IBA  must  negotiate with the retired bankers' bodies for pensionary benefits at the time of Bipartite Settlements   (uploaded on 12/02/2012)

 

DATA ON PENSIONERS  AS ON 31.10.2011 & IMPACT OF UPDATING PENSION  (uploaded on 02/01/2012)

 

 Why Pension updation is Necessary for retired bankers Part II

 

GoI Circular ordering payment of full pension, gratuity etc. to all central government employees who completed 20 years of service

 

 

 

 

 

 

 

 
C.  Other Important Issues, including HR, Merger, 5 days Week issues:

 

GoI circular for functional improvement of banks - Considered as first step towards merge of banks;

 

 

 

 

 

 

 

 
D. 100% DA Neutralisation for pre 01/11/2002 Retirees

 

 

100% DA Neutralisation for all Bankers is now round the corner.   Two Court judgements expose IBA and GoI as anti senior citizen bodies  by Rajesh Goyal (uploaded on 28th January, 2013)

 

 

 

 

 

 

 

Biggest Online Book Store for Bankers  - Great Discounts - Cash on Delivery option also available   -  courtesy flipkart

 

 

 

 

 

 

  EVER  GREEN  ARTICLES  FOR  BANKERS / MUST READ ARTICLES TO SAVE YOURSELF FROM CHARGE SHEETS AND DAILY STRESS etc.

 

Managing Various People in One's Life by V Subramanian (uploaded on 28th January, 2013)

Common Mistakes in Credit by V.Subramanian (uploaded on 20/11/2012)

In India - Companies Become Sick But Not Their Promotors by Pannvalan

12 Tips for Credit Desk Officers by Pannvalan

 Stress - Causes and Remedial Measures  Dr. Prafulla Ranjan

Tips for Improving Your Will Power by Dr. Prafulla Ranjan

 

 

 

Ever Green Important Files Relating to Pension Issues/ Gratuity Matters  / Earlier Bipartite Settlements -  Free Downloads :

 

 

(B) Calculator to give an overview of what you will get as Gratuity, Commutation Amount, Leave Encashment, Your PF Contribution etc.   Calculator for calculation of Gratuity, Commutation Amount, Pension, and Leave Encashment etc on Retirement - by RBK Sinha (uploaded on 12/07/2012) - (updated Revised version uploaded on 25/08/2012)

 

(C)  BackGround and Status of 1st Pension Options  and 2nd Pension Option in Banks  (uploaded on 07/09/2012)

 

(D) IBA issues circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 10/11/2012)

 

(D1) Corrigendum to its circular dated 9th November circular for release of 2nd Pension option to left over VRS optees but Resignees Still Denied the same by Rajesh Goyal (uploaded on 12/11/2012)

 

(E)  Salary & Pension - Rules & Regulations for Central Government Employees - Let Bankers compare these with rules in banking industry;

 

(F) GoI Circular ordering payment of full pension, gratuity etc. to all central government employees who completed 20 years of service

 

(G) → Bank Employees'  Pension Regulation 1995 (notification dated 29th September, 1995 (Given here to give a broad idea about the pension regulations.  Latest amended regulations as adopted by your bank should be got from HRD section of respective bank.  These regulations have been adopted by each bank with minor changes as applicable for that bank);

 

(H) → BOB (Employees') Pension Regulation 1995 (given here to give a broad idea as to how each bank has adopted the same.  However, updated versions must be checked by readers in their respective bank.

 

(K) Pension Regulations for RBI Staff - Recent Liberalisation of Pension terms for RBI Staff (uploaded on 18/2/2013)

 

 

 

Have You Already Retired ?

 

DA for Pensioners :  (uploaded on 01/02/2012)

 

Dearness Relief for Pensioners since 1993 - Need for DA neutralisation for pre 1/11/ 2002 pensioners

 

 

 

Earlier Bipartite Settlement Details :

 

 

Pension Rules for bankers who retire between 2 BPSs

Fitment on Promotion from One Scale to Next scale

IBA circular dated 10/08/2010 about 9th Bipartite Settlement

Joint Note dated 27/04/2010 between IBA and Officers Associations

 

 

 

 

 

New Discussion Updates -  From January, 2014 onwards :

 

 

FINANCIAL IMPLICATIONS OF THE IMPENDING WAGE REVISION – A LAYMAN’S CALCULATIONS by Pannvalan (uploaded on 29/09/2014)

 

  Where do we stand? It is time to move forward in right direction. Are you ready? by Kamlesh Chaturvedi (uploaded on 29/09/2014)

 

  Dilemma of UFBU -  Whether to Fight For Wage Revision or Bank Reforms in Hindi by Pawan Goyal 

(uploaded on 29/09/2014)

 

 

Talks Failed - Now Bankers Should Lick Their Wounds For One Month Before They Go For One Day Strike (uploaded on 28/09/2014)

 

 

 

Black Diwali for Bankers : IBA took 9 days to say that it can not improve its offer of 11% increase.  UFBU wants to go on useless one day strike on 28th Oct 2014.  Overwhelming Bankers wants to go on indefinite Strike before Diwali (uploaded on 26/09/2014 - 21:00 Hours )

 

 

Reports at 3.00 PM indicates that meeting with IBA is over.   UFBU still discussing the matter to make their final announcement on the outcome of the negotiations.      Reports  are not encouraging and indicate there is no tangible progress in negotiation talks (uploaded on 26/09/2014 - 15:15 Hours )

 

 

Wage Revision Is Not Now A Top Priority Issue for AIBOA and AIBEA  by Rajesh Goyal  (uploaded on 26/09/2014 - 9.50 AM)

 

 

AIBOA Circular - Is Ground Being Prepared to Surrender The Bankers Fight for Honourable Wage Revision? (uploaded on 25/09/2014 at 9.45 PM)

 

 

 REALISTIC AND PRACTICAL SUGGESTIONS TO END STALEMATE IN THE SCHEDULED MEETING OF IBA AND NEGOTIATING UNIONS ON 26TH SEPTEMBER 2014  by S.Srinivasan  (uploaded on 23/09/2014)

 

 UFBU's  Disheartening Circular (Negotiation Talks on 17/09/2014) - Rephrases Sentences from 15 Month old circular  by Rajesh Goyal  (uploaded on 18/09/2014 - 10.20 PM )

 

 

 

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  • 1. Discussion Forum For Wage Revision -  Xth Bipartite Settlement / 7th Joint Note  wef November, 2012

 

 

Fixed Match Results in Announcement of Single Digit Increase.   What is 9.5% Increase ?   by Rajesh Goyal  (uploaded on 17/01/2014)

 

 

UFBU Meeting on 23rd December, 2014 : They have proposed 48 hour Strike from 20th January (6.00AM) to 22nd January, 2014 (6.00 AM) for expediting wage revision and to oppose bank reforms. (uploaded on 23/12/2013).

 

IBA Snubs Senior Leaders of UFBU by Offering 5% Hike -  Is it High Time to Pass the Baton to Younger Generation ?- by Rajesh Goyal  (uploaded on 17/12/2013)

 

Reports are coming that in the today's meeting (14-12-2013), IBA made some initial offer which even union leaders feel is not satisfactory. Thus they say STRIKE ON 18th DECEMBER STANDS, subject to reconciliation proceedings of 16th.  However, till now UBFU leaders are tight lipped  on the details of IBA offer (Some say it is 5% corpus increase)  Will update as and when confirmation about details are received.   (updated on 14/12/2013 at 6.00PM)

 

Is One Day Strike Sufficient For One Year Delay by IBA in Starting In Right Earnest the 10th BPS Negotiations by Rajesh Goyal (uploaded on 24/11/2013)

 

UFBU and IBA Now Adopting Delaying Tactics To Tire the Bankers So That They Give Up Their Demand For  Honourable  Wage Revision  by Rajesh Goyal (uploaded on 19/11/2013)

 

 IBA and UFBU Again Ditch Bankers  -  October 2013 Round too Fails  - What Stand UFBU Now Needs to Take on Issues -  by Rajesh Goyal (uploaded on 14/10/2013)

 

UFBU  CIRCULAR   DATED  12th October, 2013  DIAGNOSED - Another Failure Stares Top Union Leaders  (uploaded on 12/10/2013)

 

Next Round of Negotiations fixed for 11th October, 2013 -  7th Pay Commission Constituted - What should UFBU  Do Now? by Rajesh Goyal (uploaded on 2/10/2013)

 

 

Chances of An Honourable Settlement Are Becoming Dimmer and Dimmer As Time Is Passing   by Rajesh Goyal (uploaded on 18/09/2013)

 

 

  Likely Scenario of New Basic Pay and DA after IBA and UFBU Have Agreed to Merge 4440 Points or 60.15% of DA - Detailed Analysis and Charts for Officers and Workmen Staff for the Likely Increase in Salary    by Rajesh Goyal (uploaded on 14/08/2013)

 

Charts for Likely Salary of Bank officers  Based on Merger of 60.15% DA and giving a 20% increase in Basic Pay and ensuring that the revised conversion factor is 0.12 for converting balance slab into DA percentage. by Rajesh Goyal (uploaded on 14/08/2013)

 

Charts for Likely Salary of Workmen Based on Merger of 60.15% DA and giving a 20% increase in Basic Pay and ensuring that the revised conversion factor is 0.12 for converting balance slab into DA percentage. by Rajesh Goyal (uploaded on 14/08/2013)

 

Click Here to View the Full contents of the UFBU circular)

 

 

Wage Revision Xth BPS  : IBA once again pitched on for “Cost to Company” (CTC) concept : L.BALASUBRAMANIA, General Secretary, NUBE Beautifully Explains The Pitfalls in CTC (uploaded on 10/06/2013)

 

 

Wage Revision Xth BPS :  Meeting Dated 7th June is Again Listless  by Rajesh Goyal (uploaded on 08/06/2013)

 

 

Xth Wage Revision :  UFBU  MISERABLY  FAILS IN THE FIRST ROUND ITSELF - Part I  by Rajesh Goyal (uploaded on 30/05/2013)

 

 

IBA  NOW  HAS  AN  OPPORTUNITY  TO  REVERSE  PAST  MISDEEDS  AND GIVE THE RESIGNEES / CRS / DISMISSED  BANKERS  THEIR  DUE  SHARE OF PENSION  (uploaded on 14/04/2013)

 

 

 

Why UFBU and IBA Are Silent on Wage Revision ?  - Next Meeting on 10th BPS continues to Elude Poor Bankers by Rajesh  Goyal (uploaded on 17/3/2013)

 

10th BPS - Approach Paper - Strategies and Implications; Different Scenarios of Likely Pay Scales at different Level of Mergers and Different %age of Hikes by Pannvalan (uploaded on 22/11/2012)

 

 

Critical Observations on 1st to 9th BPS by Pannvalan (uploaded on 21/11/2012)

 

Comparison of past Bipartite Settlements - 1st BPS to 9th BPS by Pannvalan (uploaded on 21/11/2012)

 

 

What Constitutes A Reasonable and Justifiable Hike in Basic Pay in the 10th BPS by S.Srinivsan, President, NUBE (uploaded on 10/11/2012)

 

Charter of Demands Submitted by  UFBU - Lacks Consistency,  Cohesiveness, Innovation   - Part I    by Rajesh Goyal (uploaded on 04/11/2012)

 

Highlights of Charter of Demands by Workmen Unions(uploaded on 4/11/2012)

 

Highlights of Charter of Demands  by Officers' Unions (uploaded on 4/11/2012)

 

Charter of Demands by Workmen Unions - AIBEA, NCBE, BEFI, INBEF, NOBW   

 

 

CHARTER OF DEMAND BY  OFFICERS'  UNIONS - AIBOC, AIBOA, INBOC, NOBO (updated version uploaded on 8/11/2012)

 

 

 

 

Submission of  Your Data To AllBankingSolutions.com

 

We have requested all serving and retired bankers to register with us.  Response has been only reasonable when compared to number of visitors at this website.    It seems number of bankers are still shy or lazy to submit the same.  In case you have not done the same, please do it now.   (Click here for submitting the details (In case you have already submitted your details, please do not re-submit)

 

 

 

 

 

Income Tax Issues : (These have been revised and updated as on 2/2/2013):

 

Latest Income Tax Slabs in India - Income Tax Act 1961

 

 

PS : In case any discrepancy is noticed, please inform us so that the same can be corrected for the benefit of other readers. (email : allbankingsolutions@gmail.com)

 

 

 

 

  • Helpline for Bankers' by Bankers

  • This new series of Helpline was started for bankers.  Separate pages are being allotted for specific topics so that bankers can upload their queries on the relevant page.  The answers / replies / suggestions to such queries will be given by other readers who have faced similar problems or have worked in departments relating to such queries.  To begin with, HELPLINES for following topics are available:-

  •  

(a) Service Matters like promotion, salary fixation, leaves;

 

(b) Terminal Benefit Issues

 

(c) Departmental Enquiries in Banks / Reply to Charge Sheets

 

 

 

 

 

 

Short Stories Holding Family and Human Values (uploaded on 06/02/2013)

 

 

Articles, Circulars, Discussions on Promotion Policies of  Various Banks in India

 

 

 

Important Files Relating to Court Judgements / RTI  decisions and Legal Cases Relating to Wage Revision / HRD Matters:

 

 

Campus Recruitment by Nationalised Banks is Unconstitutional

 

 

→  Archives - Right to Information ( RTI ) - RTI isssues uploaded earlier

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Archive  (Updates,  articles, discussions etc held during 2009, 2010, 2011, 2012 and 2013)

 

 

(A) Wage Revision updates / articles / discussions held during 2009

 

(B) Wage Revision updates / articles / discussions held during 2010

 

(C) Wage Revision updates / articles / discussions held during 2011

 

(D) Wage Revision updates / articles / discussions held during 2012

 

(E) Wage Revision updates / articles / discussions held during 2013

 

 

 

Other Recent Discussion Updates of 2014  :-

 

 

 

 RUMORS ALL  ROUND  ABOUT   NEGOTIATION  TALKS  ON  17TH SEPTEMBER 2014  by Rajesh Goyal  (uploaded on 18/09/2014 - 12.30 AM - Midnight )

 

 

Initially reports indicate, UFBU ready to relent from his demand of 25% provided IBA revises its offer subsantially.   IBA wants a week's time to respond.  Detailed circular awaited 

 

 

 Why Old Weapon of Strike Needs To Be Discarded and New Weapon of Moral Pressurizing  Needs to Be Adopted by Kamlesh Chaurvedi  (uploaded on 16/09/2014)

 

 

 

 Agitation by Young Bankers - A Small Beginning and Long Way To Go by Rajesh Goyal  (uploaded on 14/09/2014)

 

 

 Why This Deafening  Silence by UFBU Leaders ?  by Kamlesh Chaturvedi (uploaded on 12/09/2014)

 

Why Young Generation Bankers Are Agitating on 13th September? by Kamlesh Chaturvedi (uploaded on 11/09/2014)

 

 

  Banker's Demand of Increase of 25% Is Absolutely Justified and Sacrosanct by S Srinivasan  (uploaded on 10\/09/2014)

 

  DELHI CHALO : Join the agitation in Delhi at Jantar Mantar on 13th September 2014 at 3.00 PM (we have not been able to upload more details as organizers of the same have failed to send us the details through email, inspite of approaching them through FaceBook and phone)

 

 Let Us Learn Jan Dhan Yojana Through An Intelligent Customer (uploaded on 08/09/2014)

 

Aircraft Can Fly from Sea Water – No Run-Way Needed(uploaded on 08/09/2014)

 

Supreme Court Allows Pension to CSR Employees - Another Victory for Aam Banker and Humilition for IBA and UFBU Who Were Against Giving Pension to CRS Employees  by RK Pathak  (uploaded on 06/09/2014)

 

 UFBU - IBA Stalemate Seems to be Over : Reports indicate that the negotiating meeting for Xth BPS has been now called on 17th September, 2014 at 2.00 PM. Who has bent? IBA officials are likely to meet DFS, Ministry of Finance on 8th September 2014 for finalising their strategy.  Hope it will not turn into another Lunch Party.  Report to follow (No link at present) -(uploaded on 4th September 2014)

 

 

Arun Jaitley & His Team Wrongly Clubs Corruption With Risk Management in Banks by Rajesh Goyal (uploaded on 23/08/2014)

 

 

Retiring / Retired Dad vs Techie  Son - A Must Watch Video whether you are young or senior citizen

 

 

Xth BPS - Great Idea Sir ji - No Ullu Banawing by Rajesh Goyal (uploaded on 17/08/2014)


  Revised  Pension + DA Calculator for Pensioners from August 2014 to January, 2015 - Download Excel File

 

  SK Jain, CMD of Syndicate Bank Arrested  -  Ugly Face of Top Management of Banks Once More Exposed.  Will Modi Government Expose More Who Have Become CMDs by Greasing Previous Government Officials  ?  by Rajesh Goyal (uploaded on 02/08/2014)

 

 

Good 4.95% increase in DA : New DA to be 102.45% (increase of 33 slabs) from August, 2014   (uploaded on 31/07/2014)

 

 

Lame Excuses or Best of Success - Inspiring Examples to Beat the Negativity in Life by Rajesh Goyal (uploaded on 31/07/2014)

 

 

 Union Leaders Seems To Have Ignored Sacrifice of Ajay Sehgal by Rajesh Goyal (uploaded on 22/07/2014)

 

POSITIVE AND NEGATIVE IMPLICATIONS AND CONSEQUENCES OF MERGERS  by Pannvalan (uploaded on 22/07/2014)

 

 

 Wage Revision : After 20 Months UFBU Still  Struggling To Come to Consensus Among Themselves by Rajesh Goyal (uploaded on 18/07/2014)

 

Challenges for Senior Bankers  To  Make Frustrated  Young Bankers As Part of the Bigger Bank Family -  (An Open Letter from a Young Officer Who Left Bank As Seniors Failed to Give Necessary Helping Hand)  by Rajesh Goyal (uploaded on 13/07/2014)

 

 

 "Jago Aam Banker Jago" – Revolution Needed in PS Banks to De-Stress Banking Community  by Rajesh Goyal (uploaded on 09/07/2014)

 

 

Knowledge Update for Budget Day - 10th July, 2014  : Budget Terms and Definitions - Budget Terminologies by Rajesh Goyal (uploaded on 29/06/2014)

 

Officer Unions Need to Launch  War Against Humiliation by Top Management  by Rajesh Goyal (uploaded on 06/07/2014)

 

 PNB Chief Manager Commits Suicide - Suicide Note Blames Field General Manager and Circle Head for Suicide by Rajesh Goyal (uploaded on 04/07/2014)

 

 

 

 

 

DA from August 2014 to cross 100%.  Increase of 32 slabs expected  (uploaded on 1st July, 2014)

 

 

Letter to Finance Minister for Extension of Pension to RESIGNEES by  FORUM OF RETIRED BANK EMPLOYEES (uploaded on 29/06/2014)

 

 Knowledge Update : Budget Terms and Definitions - Budget Terminologies by Rajesh Goyal (uploaded on 29/06/2014)

 

  UFBU Meets New Finance Minister -  Complains About Delay and Meager Increase in Wages  by Rajesh Goyal (uploaded on 27/06/2014)

 

Letter to GoI Regarding Denial of 100% DA to Old Retirees and Other Similar Issues by S. Ramachandran (uploaded on 21/06/2014)

 

 More Insight Into Talks Held on 14th June 2014 by NUBE (uploaded on 15/06/2014)

 

 Stalemate in Negotiations - Great Strategy of UFBU for Delaying Tactics  by Rajesh Goyal (uploaded on 15/06/2014)

 

 

 Ideal Promotion Process : by V Subramanian  (uploaded on 14/06/2014)

 

 UFBU Needs to Learn Lessons from Modi :  by Rajesh Goyal (uploaded on 14/06/2014)

 

 

 

Today's Meeting :  (13/06/2014) As expected UFBU and IBA meeting ends in stalemate : IBA increased the offer to 11% but UFBU wants at least 25% increase.  Waiting for full details

 

 

 

 There Does Not Seem To Be Everything Normal at UFBU by Rajesh Goyal (uploaded on 05/06/2014)

 

 Bankers' Dream of 5 Day Working Shattered by Rajesh Goyal (uploaded on 05/06/2014)

 

 

 Lessons For UFBU and Aam Banker from 2014 Elections by Rajesh Goyal (uploaded on 03/06/2014)

 

Indian Banking At Cross Roads ? by Rajesh Goyal (uploaded on 21/5/2014)

 

Wage Revision for Bankers : "Kya ache din chalye gaye?" - UFBU Continues To Be As Arrogant As Ever  by Rajesh Goyal (uploaded on 17/5/2014)

 

 

 Decrease of 16 slabs from May 2014 (Revised uploaded on 3/5/2014)

 

  Silence on Next Date of Wage Revision -  Will UFBU Perish Like MMS Government ? by Rajesh Goyal (uploaded on 18/04/2014)

 

 

DA Controversy - Part 3 by Pannvalan (uploaded on 18/04/2014)

 

Time Taken for Revision of Salaries of Bankers vs Parliamentarians

 by Rajesh Goyal (uploaded on 10/04/2014)

 

Comparative Facts About DA in Banks Vs Central Government - A Wake Up Call for UFBU by pannvalan   (uploaded on 02/04/2014)

 

 

Hopes of An Honourable Settlement Now Disappear After Meeting of 14/03/2014   by Rajesh Goyal (uploaded on 16/03/2014)

 

 

UFBU and IBA Again Force Helpless Bankers To drink "Khoon Ka Ghoont"  by Rajesh Goyal (uploaded on 14/03/2014)

 

UFBU Lost the Last Opportunity to Extract Something Before Elections by Rajesh Goyal (uploaded on 04/03/2014)

 

Bankers and UFBU Be Cautious :  Now IBA to Use NPA as Shikhandi to Deny Bankers An Honourable Settlement (uploaded on 04/03/2014)

 

 

”UFBU ko phir Ulloo Banaya ?” :  Reports indicate UFBU leaders have again become Ullu. It is claimed that in the 3rd March 2014,  U.F.B.U. raised the adequate wage revision issue and also  raised other issues like 5 day's banking, regulated working hours', improvements in Pension related issues including switch over from NPS to old pension scheme, housing and hospitalization.   IBA assured that these matters will be discussed with Finance Ministry on 5th instant and thereafter hold negotiations within 10 days.  Leaders Must Have Enjoyed Air Trips, 5 Star Hotel Stays,  Heavy Tea & Snacks, Lunch etc at expenses of their comrades !!   Another drama by IBA and UFBU  to ensure that Election Code of Conduct should come into force (which was earlier expected from 2nd March, 2013, is now likely to be enforced from 5th March, 2014)  - More Details  and analysis on receiving detailed circular

 

 

UFBU and IBA On Verge of Success In Cheating Bankers By Ensuring That Next  Fruitful Negotiations Can Take Place Only in June, 2014  by Rajesh Goyal (uploaded on 19/2/2014)

 

Pension Option for Resignees - A Chance To Fight the Banks Legally - by R K Pathak (uploaded on 19/02/2014)

 

 

 

 AIBOC's Circular In response To FM's UnWarranted Remarks

 

 

 UFBU is in Dark As to Why Negotiation Talks Scheduled for 13th February have been Deferred :   Thus, Complete BreakDown of Talks Between IBA and UFBU (uploaded on 13/2/2014)

 

 

What Does Mr Chidu Deserve Now ? or What Bankers Should Do In Next 100 Days for Chidu ? by Rajesh Goyal (uploaded on 12/2/2014)

 

 

 

 

  Pension for Resignees : Will New CMD of  Vijaya Bank Appear Before SC  As  Accused by Adhering to IBA Advise  OR Use His Wisdom To Follow “National Litigation Policy?” and Save His Honour?  by RK Pathak (uploaded on 11/02/2014)

 

 Performance of PS  Banks  Vs. Wage Component  by  V Subramanian (uploaded on 11/02/2014)

 

 

Reports indicate that emboldened by FM's statement, now IBA  decides to postpone Negotiating Committee meeting scheduled for 13th February 2014.   Further Reports indicate  that UFBU has been badly snubbed  even after 2 days successful  strike as  CMD of IOB left for Sri Lanka without caring for negotiating committee meeting.  IBA seems to have Zero commitment level towards Bank Employees.  (uploaded on 11/02/2014 at 4.45 PM ) - Confirmed details awaited.

 

 

 Now Chidambaram Defends Lower Wages to Bankers by Rajesh Goyal (uploaded on 10/2/201)

 

 Strike is Against Government and Not Public (an article from Aam Banker) (uploaded on 10/2/201)

 

 

What Unions Need to Do Now That Strike Will Take Place on 10th & 11th February, 2014 by Rajesh Goyal  (uploaded on 7/02/2014)

 

 

 

Kudos to AIBOC For Issuing Hard Hitting Press Release Based on Facts about Pathetic condition of Bankers (uploaded on 6/02/2014)

 

 

Same Drama Re-enacted : In today's meeting, CLC advised IBA to prepone meeting nd UFBU asked to defer the strike. Thus, conciliation inclusive and Strike Stands on 10th and 11th February, 2014.   Wait  for next part - whether IBA will prepones meeting and what will be its offer?  Will they offer another lollipop? You to have to wait and watch (uploaded on 6/02/2014) - Details to follow on receipt of detailed circular,

 

 

Revised  Pension + DA Calculator for Pensioners from February 2014 to July, 2014 - Download Excel File

 

 

Only moderate increase of 25 slabs (3.75%) in DA from February, 2014 - In last month CPI dips sharply - (uploaded on 31/01/2014)

 

Hot Talks - Why Government is in hurry to clear the list of EDs? (updated on 31/01/2014)  -

 

RBI raises Repo Rate to 8%;  Accordingly, Reverse Repo Rate revised to 7% and MSF and Bank Rate to 9%.  Third Quarter Review of Monetary Policy - Details to Follow   (updated on 28/01/2014) 

 

 

 

Bankers Have Reached a Stage Which ABS Has Predicted in November, 2013 by Rajesh Goyal  (uploaded on 27/01/2014)

 

 

Reports Indicate that IBA has offered merely increase from 9.5%  to 10.%.  UFBU has rejected the same and called for Strike on 10th and 11th February, 2014    (uploaded on 27/01/2014)  - Details Awaited.  Analysis will follow only after receipt of full circular.

 

 

Finally, Vijaya Bank Credits Pension To Petitioner Resignee Accounts by RK Pathak (uploaded on 26/01/2014)

 

 

AIBOC and Other Union Leaders Need to Respond to Mr Saha's Queries   by Rajesh Goyal  (uploaded on 24/01/2014)

 

Great Future For Union Leaders But Bleak Future for Aam Banker

by Rajesh Goyal  (uploaded on 24/01/2014)

 

Bankers Too Should Have Assured Career Progression like Central Government Employees by Radhakrishnan N. (uploaded on 22/01/2014)

 

 

 

 

Hot Talks - Chairman, NHB Resigns? 14 GMs to be promoted as EDs (updated on 27/01/2014)  -

 

 

Fixed Match Results in Announcement of Single Digit Increase.   What is 9.5% Increase ?   by Rajesh Goyal  (uploaded on 17/01/2014)

 

Strike for 20th & 21st January 2014 deferred after IBA improved its offer from 5% to 9.5% on PaySlip cost.  Next round of talks on 27th January, 2014.  Detailed analysis to be uploaded after receiving full circular of UFBU -   by Rajesh Goyal  (uploaded on 17/01/2014)

 

Insensitive and Insincere IBA Forced to Pre-pone Negotiating Meeting to 17th January, 2014 - by Rajesh Goyal  (uploaded on 14/01/2014)

 

Is It Complete Breakdown of Co-ordination between IBA and UFBU or Match Fixing Between Two ? (uploaded on 6th January, 2014)

 

 

DA from February 2014 likely to increase by more than 5% i.e. what has been offered by IBA after 5 years wait under 10th BPS. (uploaded on 5th January, 2014)

 

 

 

 

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