BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Friday, February 5, 2016

Prime Minister asks for maximum benefit and early implementation of 7th CPC award

Prime Minister asks for maximum benefit and early implementation of 7th CPC award

May be finalized in two months
In relief to Central government employees and pensioners, Prime Minister Narendra Modi has asked a Committee of Secretaries to accept the 7th Pay Commission’s recommendations without diluting them to provide maximum benefits to over 47 lakh government employees and 52 lakh pensioners.
The empowered committee, which was headed by Cabinet Secretary P K Sinha and comprised of  12 Secretaries, was set up on January 27 to process the recommendations of the Seventh Central Pay Commission.
A top official in the government told Express that the Committee has been asked to speed up the review so that the Cabinet can  take a decision and the 7th Pay Commission award can be released at the earliest to the employees and pensioners.
“The government feels that recommendations to  introduce a health insurance scheme for staff and pensioners and double gratuity should not be diluted. The committee has been told to address the genuine concerns raised by stakeholders and accommodate their demands as much as possible. Although, there is indication that the committee may suggest some changes keeping in mind representations from middle and junior level, the decision will be taken after consultations with all the stakeholders. The entire process will take a couple of months,” the official added.
The pay panel recommended 23.55 per cent increase in pay and allowances and also recommended fixing minimum pay at Rs 18,000 per month and maximum at Rs 2.55 lakh. The ceiling of gratuity has been increased from Rs 10 lakh to Rs 20 lakh and 24 per cent hike has been recommended in pensions.
The Committee has secretaries from the Finance Ministry, Home, Defence, Department of Personnel and Training, Department of Pension, Revenue, Expenditure, Health, Post, Science & Technology on board. Besides, Chairman, Railway Board, Deputy Comptroller & Auditor General and Secretary (Security) are also on the board. The committee may co-opt with any other Secretary, whenever found necessary.
The committee will also examine the views of the concerned stakeholders including staff associations before finalising it for Cabinet approval.
source paycommission update

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Bank of Baroda Officers Union announces All India strike against New Transfer Policy

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