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, August 19, 2019

Major issue of PSB is HR issue--which has been completely ignoreed

FinMin asks PSBs to seek ideas from branches to streamline banking sector

Have you given any idea  please share here 

Major issue with Public sector Bank is HR issue which has been completely ignored.
Had I been there I will give 3 suggestions.
1. Complete Transparent HR Policy . I had made a case study of  Bank of India and HDFC bank which were almost at same in terms of business. Both had similar number of branches but BOI had staff strength of 45000 and HDFC bank had 80000.
2. Well defined Transfer and promotion policy independent of whims and fancy . 
3. No peon to clerk promotion without Written test and at least graduation level qualifications and basic computer aptitude test.
4. Firm staff accountability policy and punish and reward without any discrimination.
No become a AGM and above at least 5 years branch Banking knowledge and at least 3 years as Branch managers at scale 4 level.

I don't know how many are interested in Stand-up India scheme.
The Govt plan is being not implemented because due to fear  of staff accountability



And finally all the Govt funds should be through PSU Banks only . And give up all third party business like insurance and Mutual fund. 

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