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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*********

Wednesday, March 10, 2021

Bank Union demand Running Scale of Pay to avoid stagnation in Pay Scale to IBA

Dear friends,

Conciliation meeting with IBA organised by CLC is going on in Kolkata with UFBU on the proposed strike.

In the meanwhile, a separate conciliation meeting is being convened by CLC today 10th March by 12 noon with AINBOF in Chennai.

AINBOF - a dedicated ALL INDIA OFFICERS FEDERATION in the welfare of officers belonging to nationalised banks is presenting the following issues to IBA in the presence of CLC today.

1. Opposing the Move for Privatisation of Public Sector Banks, announced in the Union Budget 2021.

AINBOF IS DEMANDING 

2.  Additional Increments to Probationary Officers joining all the Nationalised Banks as is 
being paid by State Bank of India

3.  Implementation of Uniform Perquisites to Officers of all Nationalised Banks on line with the best available in the Industry 

4.  Implementation of the best HR practices prevailing in the industry to Officers of all Public 
Sector Banks uniformly

5. Introduction of Running Scale of Pay to avoid stagnation in Pay Scale

6. Reimbursement of Hospitalisation expenses on line with that available in State Bank of 
India to Officers of all the Nationialised Banks 

7.  Calculation of Gratuity on line with the method adopted in Bank of Baroda to Officers of 
all the Nationialised Banks 

8. Updation of Pension for retirees as per RBI formula.

9.  Medical Insurance for retirees on par with serving employees

10.  Revising the Ex-gratia to Pre 1986 retirees and their families

11.  Exemption from Income Tax on retirement benefits without ceiling 

12.  Scrapping of NPS and reintroduction of Defined Pension Payment Scheme with the increase in Corpus resulting out of scrapping of NPS

13.  Allocation of Staff Welfare fund based on Operating Profits

14.  Making the General Managers of Bigger Nationalised Banks eligible for the posts of 
Executive Directors.

Seeking your wishes and blessings for the success in AINBOF’s endeavour.

Sunilkumar - Chairman
B K Mehta - president 
G V Manimaran - General Secretary.

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