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*********

Saturday, May 1, 2021

Management need to shift their focus from financial parameters to human capital, financial parameters will automatically start showing results!

I generally refrain from writing on social platforms respecting Bank’s social policy but its need of the hour to take a little step to address an issue which is affecting almost everyone in this country!
Before I start I must clear that this post is not to demean anyone but to initiate a healthy deliberation on Bank’s policy!
I must admit last a few days have been really heart wrenching witnessing so many SOS, cry outs, obituaries, request for financial help etc on various Bank platforms! Reading cry outs, obituaries of our colleagues, friends and mentors has not only been disturbing but affected the morale of every Bank Employee! Bank fraternity as a whole has suffered maximum brunt during this second wave without any acknowledgement by Govt. or management! We see huge articles, discussions, targets of various capitals in banking parlance but what we are ignoring since many years is our Human Capitals! I have seen none of PSB's management who have set targets for growth of their human capital! Even today when covid is raging lives of many bankers, management is silent! Not even a single condolence or motivation from top echelons of banking fraternity! I agree many circulars, directions have been issued from time to time on covid 19 but on ground it all seems as obnoxious! Today many staffs are dreadful of coming to branches creating further panic and shock! Most guidelines issued are just pieces put together to save skin lest to help staff!
Why our management rather than being proactive gets active only after receiving directions? Lots of lives could have been saved if we were proactive! I would like to reach out to management to be supportive in testing times by issuing guidelines on certain parameters which can really boost the morale of entire unionites!
1. War footing tie-up by regional offices with medical facilities for vaccination of staff and families.
2. Tie up with hospitals at all district centers through LDM or individually to provide medical aid in times of emergency!
3. Instructions should be issued for cashless treatment of covid patients and bills should be settled by TPA at central level!
4. Regional level groups should be formed to engage staff, monitor their health and motivation webinars and guidance to covid positive patients.
5. Since bank has covered all liabilities through Insurance, 50% of terminal benefits should be released immediately on demise of staff and rest within 15 days to support the bereaved family!
6. Ex- gratia amount should be released immediately on intimation of death!
7. Jobs on compassionate ground should be given to staff passed away due to covid.
8. Regional level collections should be made from each staff to help the bereaved family!
9. Institutional quarantine centers should be created to help staff who are posted alone away from their families!
Management need to shift their focus from financial parameters to human capital, financial parameters will automatically start showing results!
Please stay safe and also keep helping wherever you can!
'from


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