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*********

Monday, July 18, 2016

19TH JULY - BANK NATIONALIZATION DAY

19TH JULY - BANK NATIONALIZATION DAY
With the objective to make the banks contribute for the growth of country and to take the
services of the banks available to the common masses, 14 major banks were nationalized on
19th July 1969 and thereafter 6 more banks were nationalized on 20th April 1980. The objective
behind nationalization was all round economic growth towards nation building and to shift focus
from ‘class banking’ to ‘mass banking’. The nationalized banks have played their role to
perfection during this period of 47 years.
We celebrate with pride the bank nationalization day every year and rededicate ourselves to the
growth of the country and to take the banking service further to the unbanked areas. On this
47th anniversary day of bank nationalization, we salute our members for upholding Trade Union
spirit to fight injustice, protect rights of working class and in maintaining unity, solidarity &
conviction in making AIABOF stronger throughout its journey. We also congratulate entire work
force of ALLAHABAD BANK for taking our services to every nook and corner of the country to
empower the common masses despite various constraints and at the cost of personal comforts.
We are well aware of Government’s anti public sector , anti public banking and financial sector
reforms and its intention and unvarying moves in that direction. We are determined to struggle
as we have been hitherto. MPBOA has issued a communication No.14 dated 16.07.2016 on this
occasion and the same is appended for the information and circulation to members.
We call upon all the officers/ members to participate in the STRIKE call on 29th July under the
banner of UFBU with zest. A TOTAL STRIKE on 29th July will be our befitting reply to
government’s action in restraining our Strike on 12th-13th July.
With greetings,

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