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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*********

Saturday, December 3, 2016

Note ban: Apex court asks Centre to list steps to ease hardship of people in rural areas

The Supreme Court today asked the Centre to spell out measures taken to ease the sufferings and inconvenience of people in rural areas, who are mostly dependent on co-operative banks, post-demonetisation.
A bench of Chief Justice T S Thakur and Justice D Y Chandrachud, while hearing a batch of pleas challenging various aspects of demonetisation, said all the parties should sit together and prepare a list of categories of cases which could be referred to high courts and those that could be heard by the apex court.
Attorney-General Mukul Rohatgi, appearing for the Centre, said the government is aware of the situation in co-operative banks, which lack the proper infrastructure and mechanism as compared to scheduled banks.
“Entire chapter in the additional affidavit filed by the Centre is dedicated to the issue of co-operative banks. It is not that we are not aware of the situation but these (the co-operative banks) lack proper facilities, mechanism and proper infrastructure as compared to scheduled banks,” he said.
He said the government has deliberately kept co-operative banks out of the drive as these did not have the expertise to detect fake currency.
Rohatgi said, “Several cases are filed each passing day in various high courts on various aspects post-demonetisation and it is not possible to deal with cases simultaneously in Kerala, Kolkata, Jaipur and Mumbai... All these matters should be clubbed together and be referred to any one high court or the apex court should hear them.”
Senior advocate P Chidambaram, appearing for co-operative banks, questioned the government’s decision, saying that the rural economy is almost paralysed due to non-inclusion of co-operative banks.
Senior advocate Kapil Sibal, appearing for one of the petitioners, suggested that they sit together and file the list of categories by Monday.
The bench then posted the hearing on the matter to December 

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