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*********

Wednesday, March 21, 2018

Letter to Members of Parliament.- Banker are the least paid public servants we want CPC

Honourable Members of Parliament,
Kindly find attached the letter written to Honourable Sri Narendra Modi, Prime Minister of India on 02.02.2015 about the plight and stressful life of Public Sector Bankers and our demands. So far I have not received any reply.
We are deserving salary equivalent to Group A cadre officers. The recent DOPT order on equivalent posts for OBC creamy layer classification made Asst Managers in PSBs equivalent to Group A officers. Yet we are the least paid public servants.
Despite of our matchless service to the nation we are the least paid public servants in India. So please take up the issue of public sector bankers in Parliament. 1000s of Bankers are Marching towards parliament on March 21 to invite the attention of the Govt & the Parliament.
Please do the helpful and save the nation by saving the bankers.
Sivakumar Duraipandy
Attachments: 1. DOPT Order (saying JMGS-I is equivalent to Group A) http://financialservices.gov.in/…/fi…/No.1942017-Welfare.pdf
2. My letter to The PM through the Principal Secretary

CPC for Bankers:
On 05/09/2012,Ministry of Finance answered to a question asked about pay of Officers in public sector banks.
"The pay scales of officers in public sector banks are determined as per the agreement between the management and Officers Association, every five years. Besides the pay, officers in banks are also entitled to a number of other allowances and benefits. The pay scale of Central Government Officers are finalised by Government taking the recommendations of Central Pay Commission into consideration. These pay scales are reviewed generally after ten years. The terms and conditions of service of Central Government employees and Bank employees are entirely different and are regulated in terms of the respective service conditions. Hence, no comparison can be drawn between pay structure of Central Government employees and of bank employees. "
link:
So in 10th BPS , government had that distinction between Group A officer and Scale 1 officer.
But on 30/08/2017 , Cabinet has approved that JMGS (Scale 1 officer) of PSBs are equivalent to Group A officers.This is amid of 11th BPS due.
link:
In last paragraph of above link its mentioned
"Junior Management Grade Scale–1 and above of Public Sector Banks, Financial Institutions and Public Sector Insurance Corporations will be treated as equivalent to Group 'A' in the Government of India"
If a scale 1 officer is equivalent to Group A officer, then he should be given salary of Group A officer.This makes CPC for bankers , a legal rights.
If CPC is not implemented, then sons and daughters of Scale 1 officers(JMGS) who are forfeiting their reservation (OBC-NCL),are deprived of their Constitutional rights of Equality.
We request IBA, UFBU and Government of india; to make CPC for bankers a reality.

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