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*****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

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, February 3, 2024

IBA AND UFBU WORK AS MIDDLEMAN BETWEEN THE BANK AND EMPLOYEE





Article 14 & 16 of Constitution of India guarantee "Equality before Law" & "Equality in the matter of Public Employment". In other words, equal should be treated as equals and there must be no discrimination between similarly placed employees in identical situations.
As per Article 12 of Constitution of India, Public Sector Banks have been declared as "State" by all the courts. When Bank Employees implement all the schemes of the Government of India, when top executives of public sector banks are appointed by Government of India, why there must be discrimination between Central Government Employees and Public Sector Bank's Employees ?
When Pension Settlement was signed way back on 29th October 1993, it was incorporated in Settlement that our Pension Scheme would be in line with Pension Scheme for Reserve Bank of India and in case of any doubt or difficulty, provisions made in CCS Rules would be applicable.
Why our leaders agreed to deprive young employees joining service on or after 01.04.2010 from the benefits of Pension Fund? More so when we get our Pension in lieu of Statutory Contribution of Bank's share in Provident Fund and not on bounty?
Pension of Central Government employees gets revised with implementation of each Pay Commission. Pension of RBI Employees got revised in 2019. Why Ex Gratia for us instead of revision of Pension?
Who is responsible for such discrimination? Government or IBA ? No. Its our top leaders who have agreed, have given consent and have permitted such discrimination. Bipartite Settlements are treated as best because these carries consent of both employer and employees through there unions and hence it is always difficult to challenge Bipartite Settlement. Its because of those who have converted "Trade Unions" into "Trade" and are working as Traders of our right that Bank Employees found themselves in present pathetic situation. The solution lies in demanding referendum challenging traders and demanding separate Commission for Bank Employees.

1 comment:

Anonymous said...

Let us hope for replacement of the middleman system in the court of justice by all of ours efforts & movements.

Home Loan Outstanding Hits Record High of Rs 27.23 Lakh Crore

According to data from the Reserve Bank of India (RBI) on ‘Sectoral Deployment of Bank Credit’,  outstanding credit in the housing sector in...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">