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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*********

Sunday, September 30, 2018

Message From A Retired Banker please read

Message From A Retired Banker

Received in Whatsapp.
Dear Friends,
                Greetings
Hereunder, please find a TRUTHFUL picture of the pathetic plight of the Retired Bankers posted on the FaceBook. Please go through and spread it among all groups such that all the Indian Citizens will come to know, understand and sympathize with the plight of Retired Bankers. Word of mouth publicity is very strong.

     HERE IS THE REPORT            Dear friends.

10 lakh Bankers since Nationalization of Banks, i.e. 1969 have contributed enormously for growth of Indian economy. Today's rich and poor benefited by bankers launching Govt. welfare schemes sincerely. Few bank-men  have maligned our image past 15years. Despite that corruption in banks Is less compared to government machinery.There will no one who have not utilized bankers services. Just think how many corrupt bankers you met. You will get the answer.

Friends we became 'ill paid' salaried class today. We the retirees of PSB's who contributed to your growth have 'pathetic pension scheme'. We are duped by IBA and GOI by not sanctioning our legitimate PENSION and Pension Revision at par with Central Government Pension Scheme as agreed while introducing Pension in 1994.

Due to above discrimination by govt., today we the retired bank men are fighting in courts from past 20 years for our rights. We are going to launch agitations at this age. Other Senior Citizens are being granted priceless bonanzas for gaining vote-bank.

I shall give you a shocking example to explain our plight. In my profile picture you see Shri Balakrishna Iyer, an intelligent and honest Top Executive of his days, retired in 1994 as Managing Director of State Bank of Hyderabad. He draws pension around Rs.20,000/- . I having retired after serving SBH for 40 years and draw around Rs.30,000/-.

I retired from GHMC br., Hyd. We used to disburse pensions to all Ghmc retirees. A newly retired ' street sweeper' used to get Ra.20000/- plus as her/his pension. Senior retirees pension was between Rs.30,000/- to Rs.40,000/-.

Above example shows you all m, where we bankers stand as pensioners. Is street sweeper services bigger and important than my retired Managing Director? Or my services having slogged for 7 hours on regular days and 10 hours while doing government thrusted schemes launching?

Friends our Pension fund lying with banks cumulative figure is more than 2 lac Crores. This statistics GOI and IBA has on record. The income from this fund is surplus to pay bankers pension giving due revisions periodically, as it happens with Central Govt. Pensioners.

Unfortunately, the corrupt apex serving employees union leaders joining hands with IBA are not representing our cause nor allowing Retiree unions to negotiate with IBA. They are unable to clinch reasonable wage revision to serving employees. They proved their incapability to do justice to their members, what they can do to US?  the retirees. We shall fight for our cause from now on our own leaving Serving Union leaders.

This elaborate explanation of our plight is given to explain to the PUBLIC our pathetic situation. My Super senior retirees (75 yrs above) and senior retirees are not able to meet their basic needs with pension they draw. Medical facilities by banks to retirees is zero. We could get group insurance policy at a very high premium. Please ponder over our grievances and spread the message within your circles. We need everybody's support to raise our issues with GOI.

Thanking  you

Rohini Rao
(Retd Officer)

    Forwarded as received
          from one of my               friends.

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