Sabbatical Leave Rules for Women Employees in Banks

The Government of India provides Sabbatical leave for women employees of Public Sector Banks to help them meet their special needs during their career. The Sabbatical Leave Scheme for women employees of the bank is provided to address their special problems during their careers. Women employees can request sabbatical leave for any purpose such as medical reasons, care of family members or children, higher studies, or visiting their spouse.

Who can apply for Sabbatical Leave?

The employee applying for sabbatical leave should have completed a minimum of 5 years of service. Sabbatical leave before completing 5 years of service will be granted only in exceptional cases and must be approved by the authority next above the competent authority as mentioned in the scheme. However, the following employees are not eligible for sabbatical leave:

If during the sabbatical leave there is a change in circumstances and the employee wants to withdraw or reduce the leave, this will be allowed only after completing a minimum period of 3 months of sabbatical leave, and a request must be submitted at least 15 days before resuming duty. During the sabbatical leave, the employee is not allowed to take up any other job, business, vocation, or profession.

Employees on sabbatical leave will not be allowed to take part in any promotion process during the leave period, even if they are otherwise eligible. The competent authority has full discretion to approve or reject the request for sabbatical leave based on the bank’s requirements, and the reasons for rejection must be recorded in writing. The decision on approval or rejection will be communicated in writing to the employee. If an employee is allowed to rejoin duty before the approved leave period ends, the leave already taken will still be treated only as sabbatical leave and will not be converted into any other type of leave

• employees serving abroad under special arrangements or bonds,
• employees who have executed service bonds and have not completed them,
• employees against whom disciplinary proceedings are pending or who are under suspension,
• employees appointed on a contract basis, and
• any other category of employee as may be specified by the Board of Bank.

What is the duration of Sabbatical Leave?

The period of sabbatical leave shall be a maximum of 2 years during the entire career, and it must be taken for at least 3 months at a time. The leave cannot be taken more than once in a year.

Important Points of Sabbatical Leave

Only completed years of service will be counted to decide the minimum eligible service. A request for sabbatical leave will not take effect unless it is accepted in writing by the competent authority. The employee must apply for sabbatical leave at least 15 days before the intended start date. If the leave has already been sanctioned and the employee wants to withdraw it before starting, she must give at least 7 days’ notice.

CBI Arrests Branch Manager and a Contractual Employee of UP Gramin Bank, Azamgarh in a Bribery Case. Stay honest, stay safe.

If Bank gives Home Loan, Can it be treated as Financial Creditor? Is Builder Liable to Pay?

 The National Company Law Appellate Tribunal (NCLAT), New Delhi bench of Justice Ashok Bhushan and Mr. Arun Baroka (Technical Member), has given an important decision – if a Bank gives Home Loan, then can it be treated as a Financial Creditor or not?

The Court held that a bank giving loans to homebuyers cannot be treated as a financial creditor in the Corporate Insolvency Resolution Process (CIRP) of a builder. This is because the loan was given to the homebuyers, not to the corporate debtor (builder). The Tribunal also noted that the builder had never agreed to repay the bank if the homebuyer failed to pay. Therefore, the bank’s claim does not qualify as a “claim” under Section 3(6) of the Insolvency and Bankruptcy Code (IBC).

The NCLAT examined the tripartite agreement and found that the builder had no responsibility to repay the loan. Its role was only to facilitate the transaction. The Tribunal said, “None of the clauses of the Tripartite Agreement cast any obligation on the corporate debtor to make repayment of the loan to the bank.”

Regarding the indemnity clause, the Tribunal clarified that “Clause 41 does not create any indemnity in favour of the bank. It only records the builder’s acceptance of the agreement terms.”

The Tribunal held that a financial debt must involve disbursal of money against consideration for the time value of money. In this case, the builder neither received the loan as a borrower nor took any financial responsibility. Therefore, the amount could not be treated as a financial debt.

Relying on the Axis Bank judgment, the Tribunal stated that banks giving home loans cannot be considered financial creditors of the builder. It observed that a tripartite agreement alone does not change the nature of the loan, which remains a loan between the bank and the homebuyer, not the builder.

5 days banking ever or never

*Dear Comrades,*

We must stand united and support every call given by our union. Only with strong unity can we achieve our goals.

*5-day banking*

Earlier, strike calls often included many different demands. Because of this, the government authorities would agree to only one small point, the strike would get deferred, and our main demand of 5-day banking kept getting delayed.

Now, *AIBOC has taken up 5-day banking with a focused strategy and proper planning. This time there is only 1 agenda - 5 DAYS BANKING*. When a strike is based on one clear demand, the pressure on the government increases, and the chances of success are much higher.

This is the right time for us to show our full strength. We must support every call of our Association—AIBOC and AIPNBOA — as we always have. Unity is our power, and with strong unity we will definitely achieve 5-day banking.

The movement has gained momentum. The government will not give it easily—we have to continue our struggle and claim it as our right.

Let us motivate ourselves and also inspire others.

*Let’s come together and make 5-day banking a reality.*

Regards

🚩🚩🚩🚩🚩

Expected DA for Bankers from February 2026

Expected #DA calculation updated on 28-11-25 on the basis of CPI announced by the GOI for the month of October'25 and with the assumptions of CPI for the months of November’25 & December’25 as mentioned hereunder.

The CPI for the month of October, 2025 announced today on 28-11-2025 as 147.70 points increased by 0.40 points only from 147.30 points in September, 2025.

1. On assumptions if there is a decrease of 0.40 points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 0.34% of DA and the total tentatively revised DA would be 24.27% from February'26 in terms of 12th BPS.

2. On assumptions if there is no increase or decrease of any points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 0.74% of DA and the total tentatively revised DA would be 24.67% from February'26 in terms of 12th BPS.

3. On assumptions if there is an increase of 0.40 points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 1.14% of DA and the total tentatively revised DA would be 25.07% from February'26 in terms of 12th BPS.

All INDIA BANK STRIKE FOR 5 DAYS BANKING

Will the long-awaited 5-Day Work Week finally get approved?

🚨 BREAKING – The Day Has Finally Arrived! 🚨

📍 Meeting: DFS Secretary vs UFBU Leaders

📅 Today — 27th November

Today’s meeting is not just another roundtable discussion —

👉 It’s a turning point for the entire banking sector.

Thousands of bankers across India are watching closely and hoping that years of discussions finally convert into decisions.

💬 Possible Outcomes Everyone Is Waiting For:

🔹 Will the long-awaited 5-Day Work Week finally get approved?

🔹 Will there be clarity on the unresolved 12th Bipartite Settlement (BPS)?

🔹 Any relief on severe staff shortages?

🔹 And what about pension and retirement benefit updates that many have been waiting for?

For many bankers, today could either be:

✨ A day of relief and recognition,

or

⏳ Another extension of uncertainty and waiting.

📌 Whatever the outcome — one thing is clear:

Bankers are united, aware, and no longer silent.

The nation’s financial backbone deserves dignity, work-life balance, and fair compensation.

Stay connected. Updates will follow as the meeting progresses.

🟦 #Bankers #UFBU #DFS #5DayWeek #12BPS #FinanceMinistry #BankReforms #WaitingForJustice