Expected DA for Banker from February 2026

Expected DA Calculation Updated on 31.12.25 on the basis of CPI for the month of Nov'25 with the assumptions of CPI for Dec'25. The CPI for the month of Nov'25 announced on 31.12.25 as 148.2

with an increase of 0.50 points from Oct'25. (as per revised base year 2016) (The base year was changed from Oct 2020)

Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 0.50 points in Dec'25. Accordingly, on this assumption, we may expect there would be an increase of 1.23% DA in terms of 12th BPS on revised pay. Total 25.17% DA will become payable from Feb'26.

On assumptions if there is an increase in CPI index by 0.40 points in in Dec'25, we may expect there would be be an increase of 1.19% DA in terms of 12th BPS on revised pay. Total 25.13 percentage of DA will become payable from Feb'26.

On assumptions if there is an increase in CPI index by 0.40 points in in Dec'25, we may expect there would be be an increase of 1.16% DA in terms of 12th BPS on revised pay. Total 25.10 percentage of DA will become payable from Feb'26.

Female Branch Manager of Canara Bank arrested by CBI, Agency says she’s involved in opening Mule Accounts

Varanasi, Uttar Pradesh: Banks in Varanasi were left shocked on Wednesday afternoon after a CBI team arrived and arrested a bank manager in connection with a major cyber fraud case.

The Central Bureau of Investigation arrested Shalini Singh, the Branch Manager of Canara Bank’s Chitaipur branch, for her alleged role in opening mule accounts that were used in cyber fraud linked to a case registered in Delhi.

After her arrest, Shalini Singh was produced in court late in the evening under tight security. She was presented before Special Judge Ravindra Kumar Srivastava, who granted transit remand till 12 noon on December 26. She will now be produced before the concerned court in Delhi within the given time.

Let us understand the full story

The CBI registered this cyber fraud case on April 15, 2025 in Delhi. During the investigation, it was found that cyber criminals were cheating people through online advertisements. Victims were trapped and made to transfer money.

The investigation revealed that employees of several public and private banks were involved in helping cyber criminals. The role of the Canara Bank branch manager in Varanasi was also established, following which the CBI team came to the city and made the arrest.

According to the CBI, fake bank accounts worth around ₹85 lakh were opened across 743 branches of different banks across the country. These accounts were used to move money received from cyber fraud victims.

The agency told the court that proper customer verification was not done while opening these accounts. Many accounts showed suspicious transactions and are now under detailed investigation.

The CBI also revealed that bank officials helped cyber fraudsters by opening and operating these fake accounts. Bank employees allegedly assisted in withdrawing money from victims’ accounts and transferring it through mule accounts. Intermediaries were also involved and worked in collusion with bank staff.

The investigation is still ongoing, and the role of other bank officials is being examined. This case has raised serious questions about bank security, customer verification, and internal controls, and has sent a strong message that action will be taken against anyone found helping cyber criminals.

Preliminary Enquiry Alone Not Enough for Dismissal

In a strong message on fairness and due process, the Rajasthan High Court has set aside the dismissal of a police constable, holding that punishment cannot be based only on a preliminary enquiry when the regular departmental enquiry fails to prove the charges.

The case was heard by Justice Farjand Ali, who ruled that senior police authorities committed a serious error by relying almost entirely on a preliminary enquiry while ignoring the evidence that emerged during the regular disciplinary proceedings. The Court made it clear that once a formal enquiry begins, only evidence recorded during that enquiry can be used to decide guilt.

The constable was appointed in 2008 and later faced allegations of demanding ₹1.3 lakh from a person by promising a job as a constable, and allegedly receiving ₹50,000 as advance. After a departmental enquiry, he was found guilty and initially punished with stoppage of two annual increments. This punishment was later increased to stoppage of four increments after an appeal.

However, the Inspector General of Police later used suo-motu review powers under Rule 32 of the Rajasthan CCA Rules and imposed the extreme punishment of dismissal from service. This dismissal was challenged before the High Court

The constable argued that the disciplinary authority’s order was detailed and reasoned, running into 27 pages, and therefore the claim that it was “non-speaking” was incorrect. He also pointed out that during the regular enquiry, key prosecution witnesses turned hostile, weakening the case against him. Despite this, the reviewing authority relied heavily on statements made during the preliminary enquiry.

The Court agreed with these arguments. It observed that a preliminary enquiry is meant only to check whether a prima facie case exists. Once a regular enquiry starts, charges must be proved through legally acceptable evidence presented during that enquiry. Ignoring witness testimony from the formal enquiry and relying on preliminary statements amounts to punishment without legal evidence.

The High Court also expressed concern that the same authority first remanded the matter for a harsher penalty and later dismissed the constable using review powers. This, the Court said, raised serious doubts about fairness and objectivity.

Calling the action arbitrary and against Article 14 of the Constitution, the Court held that review powers must be used carefully and not with a predetermined aim to impose a particular punishment.

Bad Loans written off by public sector Bank

Banking Industry will get 5 days banking soon

Customers should wait for investigation before filing case in Bank Transactions Dispute

The District Consumer Disputes Redressal Commission, Chandigarh, has dismissed a complaint filed against Kotak Mahindra Bank over alleged unauthorised credit card transactions, saying the case was premature as the matter was still under investigation.

The Commission, headed by President Amrinder Singh Sidhu and Member B.M. Sharma, noted that the bank had not yet taken a final decision on the disputed transactions.

The complainant, Joginder Singh, said that while checking his credit card statement dated January 15, 2025, he noticed two transactions of ₹19,520.29 and ₹31,040.25, both dated December 23, 2024, which he claimed were unauthorised. He also stated that he did not receive any transaction alerts.

After contacting the bank’s customer care, the amounts were initially credited back to his account. However, later, ₹19,520.29 was withheld by the bank citing an ongoing investigation, while ₹31,040.25 was shown as unbilled outstanding, with the complainant being informed that he would have to pay the amount if the issue was not resolved.

Alleging poor service and unfair practices, and stating that repeated emails did not bring any final solution, the complainant approached the Consumer Commission seeking refund, interest, compensation, and legal costs.

Kotak Mahindra Bank, its Nodal Officer, and the Reserve Bank of India did not appear before the Commission despite receiving notices and were proceeded against ex parte.

After examining the case, the Commission observed that the complainant himself admitted that the ₹19,520.29 transaction was still under investigation. For the second amount, the Commission referred to an email dated August 11, 2025, in which the bank stated that the refund depended on a response from the beneficiary bank.

Since neither transaction had been finally decided by the bank, the Commission held that the complaint was filed too early. It ruled that no findings could be given at this stage.

Bank of Maharashtra issues Strict Order: No Leave to Be Granted on December 26

 The Navi Mumbai Zone of Bank of Maharashtra has issued a strict directive instructing all branches under its jurisdiction not to sanction leave for any staff member on December 26, 2025. The order has been circulated with high importance to ensure smooth completion of quarterly and year-end targets.

In an email sent by Zonal Office, branch managers were informed that several key performance parameters are still pending and targets have not yet been met. To avoid disruption during the crucial year-end closing on December 31, 2025, all staff must remain available. The communication clearly states that:

• No leave should be approved for December 26, 2025.
• If any leave has already been sanctioned, it must be cancelled immediately and the concerned employee must be informed without delay.
• The instruction applies not only to branch staff but also to Branch Managers.

People on the social media platform X are criticizing the bank for not allowing leave. What do you think of this – let us know in the comment section below

With this act bank strike is illegal

Locker facilty start at ultadanga branch pnb

Today our esteemed Circle Head, DGM P.K Dwary  sir along with AGM Viswaroop sir officially opened the newly revamped locker facility at our branch. The ceremony was attended by employees, and valued customers, marking a significant milestone in our commitment to providing exceptional banking services.

The locker facility, designed with the latest security features and customer convenience in mind, offers a range of locker sizes to cater to diverse customer needs. The state-of-the-art vault is equipped with cutting-edge security systems, ensuring maximum safety and security for our customers' valuable possessions.

_Friendship Recession_ article in Harvard Business Review

_Friendship Recession_

article in Harvard Business Review. It said:_

1. *Friendship Recession* – A rapid decline in friendships is increasing worldwide.

2. From 1990 to the present, the number of people in the U.S. saying “I have no close friends” has risen *fourfold* to *12%*.

3. Meanwhile, those with *10 or more close friends* have dropped by *one-third*.

4. A similar situation is observed in *India’s urban areas* – acquaintances are increasing, but *genuine friendships are decreasing*.

5. Earlier, people used to interact with strangers in cafes, clubs, or events. Now, people remain *alone even in crowds*.

6. In the U.S., the number of people *eating alone* has increased by *29%* in the last two years.

7. *Stanford University* has even started a *course on friendship*.

8. This is not just a social issue, it is a *cultural problem*.

9. Making time for friendship is no longer a luxury but a *necessity*.

10. Loneliness is becoming an addiction. If we don’t value friendship, we will lose not only new friends but also old relationships.

*Research shows:*

1. Loneliness increases the risk of *heart disease, dementia, and premature death*.

2. It is as harmful as *smoking 15 cigarettes a day*.

3. Friendship is essential for *mental, physical, and emotional health*.

4. According to *Harvard’s 80-year study*, the key to true happiness and health is *close relationships*.

5. Money can be earned, status can change, but a *true friend* is one who stands by you in every situation.

6. Friendship is a *wealth that never depletes*. So don’t settle for mere acquaintances – give importance to friends because *good friends are true wealth*.

7. *Nurture friendship*, make time, forgive, create memories.

8. Life becomes more beautiful with true friends💕🌸

From ex GM wall

UIDAI New Aadhaar Card Redesign – Full details✨

🔐🇮🇳 UIDAI New Aadhaar Card Redesign – Full details✨

The Unique Identification Authority of India (UIDAI) is all set to completely redesign the Aadhaar card. The new Aadhaar card will be released across the country from December.

This new Aadhaar card is being designed with privacy & security as its main objective.

🔴 🔻 Old Aadhaar vs New Aadhaar — Key Differences

🆕 What will the new Aadhaar card look like?

Only:

✔️ Photo

✔️ QR Code

will be visible on the card.

These details that were present in the old Aadhaar will no longer be visible:

❌ Name

❌ Aadhaar Number

❌ Address

❌ Date of Birth

❌ Gender

That is, no personal information will be printed on the card.

🔐 🔻 What is in the QR code?

 The QR code in the new Aadhaar will contain:

➡️ Name

➡️ Aadhaar Number

➡️ DOB

➡️ Address

➡️ Gender

➡️ Biometric verification data (in encrypted form)

All will be encrypted.

This QR code can be decoded by:

✔️ Government authorized scanners

✔️ UIDAI official apps

✔️ Verification devices

Only.

Hotels, event managers, offices, anyone cannot view the data by taking a photocopy.

🛡️ 🔻 Why such a big change?

According to UIDAI, the purpose of the new Aadhaar redesign is:

🔸 1. Privacy Protection: Currently, hotels, event organizers, private offices— take photocopies of Aadhaar and store names, addresses, DOB, Aadhaar numbers. This is a big risk of data leakage. This is impossible in the new Aadhaar. 

🔸 2. Stopping Aadhaar data misuse

Thousands of frauds are being committed through Aadhaar photocopies.

Since the new card does not have printed information:

➡️ Data misuse

➡️ Cloning

➡️ Fraud activities

The problems will be reduced significantly.

🔸 3. Upgrade to meet Digital India standards

UIDAI aims to:

Make the entire identity system secure, clean and tamper-proof.

The new QR code-based system is designed to meet world-class security standards.

🕵️‍♂️ 🔻 What will change in the future?

✔️ It is safe to give your Aadhaar card to anyone

Because there are no printed details.

✔️ Even if hotels / gated communities / event entries / banks

They take a photocopy of your card —

👉 None of your personal data will be visible.

 ✔️ Digital Verification Only

Data is confirmed through a single QR code scan.

📅 When will the new Aadhaar be available?

➡️ Release from December

➡️ Distribution across the country in a phased manner

➡️ Old Aadhaar will remain valid, but it is possible to recommend switching to the new Aadhaar.

🔥 This is the biggest privacy reform in India's digital identity system!

With this decision, UIDAI is entering a new phase in the data security of Indian citizens.

Number of branches of Banks in India, Check State Wise List

Banks have Rs.2,34,51,838 crore Deposits, Check State Wise Deposits by Banks in India

If life certificate is not submitted by pensioner; before stopping his pension, _it is the duty of the bank to visit the house of pensioner and know the readon for not submitting

@Kumarswami507

Here is the summary of the Karnataka High Court Writ Petition No. 405/2023 :

*The Case — Facts*

• The petitioner was H. Nagabhushana Rao, a 102-year-old freedom fighter, receiving pension under the Swatantra Sainik Samman Gaurava Dhana Pension Scheme.

• His pension was stopped from November 2017 because he did not submit his Life Certificate for 2017-18 in time.

• Later, on 24 December 2018, he submitted the Life Certificate.

• By then, arrears had accumulated — around ₹3,71,280.

• The High Court ordered that pension must be released with 6% annual interest from 24 December 2018 until payment.

• The Court also imposed ₹1,00,000 as costs (fine) on the respondents for wrongfully stopping the pension of such an elderly pensioner.

• The Court gave two weeks’ time to make the payment.

*Conclusion*

• *True parts:*

• Pension was wrongly stopped.

• Court ordered arrears + 6% interest.

• Costs of ₹1,00,000 imposed.

• Payment ordered within 2 weeks.

• *Exaggerated/False parts:*

• 18% interest” if not paid in 2 weeks (not in order).

• Bank must visit every pensioner before stopping pension (applies only in special circumstances, not for all).

So yes, the judgment exists and is helpful, but the *WhatsApp forward is misleading because it makes the ruling look like a general law for all pensioners, when in fact it was a specific relief for a 102-year-old freedom fighter.*

PSBS'LOAN WRITE OFF AT 6.15 LAKH CR IN 5 YEARS

No xash deposit fees No digital limit in Basic account

Sabbatical Leave Rules for Women Employees in Banks

The Government of India provides Sabbatical leave for women employees of Public Sector Banks to help them meet their special needs during their career. The Sabbatical Leave Scheme for women employees of the bank is provided to address their special problems during their careers. Women employees can request sabbatical leave for any purpose such as medical reasons, care of family members or children, higher studies, or visiting their spouse.

Who can apply for Sabbatical Leave?

The employee applying for sabbatical leave should have completed a minimum of 5 years of service. Sabbatical leave before completing 5 years of service will be granted only in exceptional cases and must be approved by the authority next above the competent authority as mentioned in the scheme. However, the following employees are not eligible for sabbatical leave:

If during the sabbatical leave there is a change in circumstances and the employee wants to withdraw or reduce the leave, this will be allowed only after completing a minimum period of 3 months of sabbatical leave, and a request must be submitted at least 15 days before resuming duty. During the sabbatical leave, the employee is not allowed to take up any other job, business, vocation, or profession.

Employees on sabbatical leave will not be allowed to take part in any promotion process during the leave period, even if they are otherwise eligible. The competent authority has full discretion to approve or reject the request for sabbatical leave based on the bank’s requirements, and the reasons for rejection must be recorded in writing. The decision on approval or rejection will be communicated in writing to the employee. If an employee is allowed to rejoin duty before the approved leave period ends, the leave already taken will still be treated only as sabbatical leave and will not be converted into any other type of leave

• employees serving abroad under special arrangements or bonds,
• employees who have executed service bonds and have not completed them,
• employees against whom disciplinary proceedings are pending or who are under suspension,
• employees appointed on a contract basis, and
• any other category of employee as may be specified by the Board of Bank.

What is the duration of Sabbatical Leave?

The period of sabbatical leave shall be a maximum of 2 years during the entire career, and it must be taken for at least 3 months at a time. The leave cannot be taken more than once in a year.

Important Points of Sabbatical Leave

Only completed years of service will be counted to decide the minimum eligible service. A request for sabbatical leave will not take effect unless it is accepted in writing by the competent authority. The employee must apply for sabbatical leave at least 15 days before the intended start date. If the leave has already been sanctioned and the employee wants to withdraw it before starting, she must give at least 7 days’ notice.

CBI Arrests Branch Manager and a Contractual Employee of UP Gramin Bank, Azamgarh in a Bribery Case. Stay honest, stay safe.

If Bank gives Home Loan, Can it be treated as Financial Creditor? Is Builder Liable to Pay?

 The National Company Law Appellate Tribunal (NCLAT), New Delhi bench of Justice Ashok Bhushan and Mr. Arun Baroka (Technical Member), has given an important decision – if a Bank gives Home Loan, then can it be treated as a Financial Creditor or not?

The Court held that a bank giving loans to homebuyers cannot be treated as a financial creditor in the Corporate Insolvency Resolution Process (CIRP) of a builder. This is because the loan was given to the homebuyers, not to the corporate debtor (builder). The Tribunal also noted that the builder had never agreed to repay the bank if the homebuyer failed to pay. Therefore, the bank’s claim does not qualify as a “claim” under Section 3(6) of the Insolvency and Bankruptcy Code (IBC).

The NCLAT examined the tripartite agreement and found that the builder had no responsibility to repay the loan. Its role was only to facilitate the transaction. The Tribunal said, “None of the clauses of the Tripartite Agreement cast any obligation on the corporate debtor to make repayment of the loan to the bank.”

Regarding the indemnity clause, the Tribunal clarified that “Clause 41 does not create any indemnity in favour of the bank. It only records the builder’s acceptance of the agreement terms.”

The Tribunal held that a financial debt must involve disbursal of money against consideration for the time value of money. In this case, the builder neither received the loan as a borrower nor took any financial responsibility. Therefore, the amount could not be treated as a financial debt.

Relying on the Axis Bank judgment, the Tribunal stated that banks giving home loans cannot be considered financial creditors of the builder. It observed that a tripartite agreement alone does not change the nature of the loan, which remains a loan between the bank and the homebuyer, not the builder.

5 days banking ever or never

*Dear Comrades,*

We must stand united and support every call given by our union. Only with strong unity can we achieve our goals.

*5-day banking*

Earlier, strike calls often included many different demands. Because of this, the government authorities would agree to only one small point, the strike would get deferred, and our main demand of 5-day banking kept getting delayed.

Now, *AIBOC has taken up 5-day banking with a focused strategy and proper planning. This time there is only 1 agenda - 5 DAYS BANKING*. When a strike is based on one clear demand, the pressure on the government increases, and the chances of success are much higher.

This is the right time for us to show our full strength. We must support every call of our Association—AIBOC and AIPNBOA — as we always have. Unity is our power, and with strong unity we will definitely achieve 5-day banking.

The movement has gained momentum. The government will not give it easily—we have to continue our struggle and claim it as our right.

Let us motivate ourselves and also inspire others.

*Let’s come together and make 5-day banking a reality.*

Regards

🚩🚩🚩🚩🚩

Expected DA for Bankers from February 2026

Expected #DA calculation updated on 28-11-25 on the basis of CPI announced by the GOI for the month of October'25 and with the assumptions of CPI for the months of November’25 & December’25 as mentioned hereunder.

The CPI for the month of October, 2025 announced today on 28-11-2025 as 147.70 points increased by 0.40 points only from 147.30 points in September, 2025.

1. On assumptions if there is a decrease of 0.40 points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 0.34% of DA and the total tentatively revised DA would be 24.27% from February'26 in terms of 12th BPS.

2. On assumptions if there is no increase or decrease of any points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 0.74% of DA and the total tentatively revised DA would be 24.67% from February'26 in terms of 12th BPS.

3. On assumptions if there is an increase of 0.40 points of CPI  in both the months of November’25 & December’25, on this assumption we may expect that there would be an increase 1.14% of DA and the total tentatively revised DA would be 25.07% from February'26 in terms of 12th BPS.

All INDIA BANK STRIKE FOR 5 DAYS BANKING

Will the long-awaited 5-Day Work Week finally get approved?

🚨 BREAKING – The Day Has Finally Arrived! 🚨

📍 Meeting: DFS Secretary vs UFBU Leaders

📅 Today — 27th November

Today’s meeting is not just another roundtable discussion —

👉 It’s a turning point for the entire banking sector.

Thousands of bankers across India are watching closely and hoping that years of discussions finally convert into decisions.

💬 Possible Outcomes Everyone Is Waiting For:

🔹 Will the long-awaited 5-Day Work Week finally get approved?

🔹 Will there be clarity on the unresolved 12th Bipartite Settlement (BPS)?

🔹 Any relief on severe staff shortages?

🔹 And what about pension and retirement benefit updates that many have been waiting for?

For many bankers, today could either be:

✨ A day of relief and recognition,

or

⏳ Another extension of uncertainty and waiting.

📌 Whatever the outcome — one thing is clear:

Bankers are united, aware, and no longer silent.

The nation’s financial backbone deserves dignity, work-life balance, and fair compensation.

Stay connected. Updates will follow as the meeting progresses.

🟦 #Bankers #UFBU #DFS #5DayWeek #12BPS #FinanceMinistry #BankReforms #WaitingForJustice

Meeting updation regarding 5 days banking

Regarding gold loans, branch officials shall remain very careful

Regarding gold loans, branch officials shall remain very careful. A few days ago,  in one branch, when a gold loan became NPA, after complying with all procedures, the gold ornaments in one account, were auctioned and sold. The bank received the full amount from the H1 bidder and the gold ornaments were delivered to the H1 bidder along with sale letter. The gross weight of the ornaments was 105 gms and net weight was 54 gms, as appraised by the bank's empanelled appraiser. The H1 bidder checked the weight, pieces of ornaments, specifications of the ornaments and the purity of the gold. However, after the sale, when the ornaments were melted,  29 gms net gold were found instead of 54 gms. The H1 reported to the bank, wanted to return the melted gold and claimed the refund of the amount paid by him. The bank has obviously declined. The H1 bidder has threatened lodging FIR against the branch head. The branch head is obviously afraid of being arrested as also facing departmental disciplinary proceedings. Apparently, there is no scope of such proceedings if the bank's rules were followed as a copy book. The branch official shall take utmost care while handling gold loans and not to depart from the bank's circular under any circumstances. Suggested: (1) Gold loan in a newly opened savings bank account. (2) Distance of the declared address from the branch. (3) Age of the person. (4) If the applicant is a male person. (5) The gold ornaments are in bulk. (6) Appraising gold ornaments by the appraiser in the presence of the bank's authorised official. (7) Weight of the ornaments in the presence of the same official of the branch. (8) Ornaments filled with stones, diamond etc. and several types of stone/ diamond in a single ornament. (9) Distinctive types of ornaments and number of pieces. (10)Record of appraiser's performance review as per bank's guidelines. (11)Proper sealing of gold packets with the bank's metal seal. (12)Opening of packets in case of necessity in the presence of authorised officers. (13) Resealing the gold packets as per extant guidelines of the bank. (14) Examining the weight machine on each occasion of taking weight of the gold ornaments. (15)Keeping proper records of ornaments including intake and offtake from the vault. (16) No substitution of ornaments after ornaments are obtained for loans as pledge and loan has been disbursed. In that situation, the existing loan account is to be closed against receipt of the outstanding balance with up to date interest/ charges, if any, and delivery of the ornaments pledged with the bank to the borrower only coupled with necessary records of delivery and a new loan is to be sanctioned as per the bank's guidelines including re-appraising of the existing ornaments along with the new one, i.e., all ornaments. All formalities shall be complied with as a new loan. (17) Since LTV is ascertained on the basis of net weight of gold and the purity, all the pieces of ornaments shall have to be examined separately in terms of gross weight, net weight, stone/ diamond fitted therein and purity. There shall be no averaging. 

The suggested points are not to decline loan proposals, but for remaining vigilant. 

Branch officials shall under no circumstances depart from the bank's extant guidelines. If any point mentioned here differs from the bank's guidelines, adherence & compliance of only the bank's guidelines shall have to be ensured.

Total profit of public sector Bank

Compassionate Appointment can’t be denied due to Age Limit

On October 14, 2025, the Karnataka High Court ruled that a woman should not be denied a job on compassionate grounds only because she is over the age limit mentioned in the service rules, especially when her family is facing financial hardship.

Saroja, 47 years old, is the wife of Kondai, a KSRTC (Karnataka State Road Transport Corporation) employee. He worked with KSRTC from April 4, 2006, until his sudden death on September 27, 2023. After her husband’s death, who was the only earning member of the family, Saroja applied for a job on compassionate grounds.

However, her application was rejected on January 17, 2025, because she was above the age limit of 43 years. She was 47 at the time of her husband’s death. After the rejection, she sent a representation explaining her family’s financial problems but department did not provide her compassionate appointment.

The endorsement stated that she could not be given compassionate appointment because she was 47 years, 2 months, and 24 days old when her husband died. She challenged the decision in the Karnataka High Court.

The Karnataka High Court said that compassionate appointments should be guided by humanity, not strict rules. The authorities rejected her request only because she crossed the age limit. The Court noted that compassionate jobs are meant to help families facing sudden financial problems. The policy also allows relaxation of age in deserving cases, so the automatic rejection without considering her financial need was not correct. The Court ordered a fresh review of her case.

The Karnataka High Court said that in a similar case (W.P. No. 102208 of 2025), decided on August 14, 2025, the Court held that just because a person is over 43 years old, the appointment cannot be denied. The Court said cases like this need a humane policy.

The Karnataka High Court agreed with the earlier ruling but added more clarity. It referred to the Supreme Court judgment in Canara Bank vs. Ajithkumar G.K. (2025), which looked at the entire law on compassionate appointments from earlier cases, such as Umeshkumar Nagpal vs. State of Haryana (1994) and State of West Bengal vs. Debabrata Tiwari (2025)

The Court said the Supreme Court had framed several issues, including whether an application can be rejected only because the applicant crossed the cut-off age, without checking the actual need for compassionate appointment.

The Court said the Supreme Court had held that the main factor should be the family’s need for compassionate appointment. But in this case, no such analysis was done.

RBI imposes monetary penalty on Bank of India and Union Bank of India

The Reserve Bank of India (RBI) has imposed a monetary penalty on two large public sector banks – the Bank of India and the Union Bank of India.

The Reserve Bank of India has imposed a penalty of ₹1,35,250.00 (Rupees One lakh thirty-five thousand two hundred and fifty only) on Union Bank of India. The penalty has been imposed due to Deficiency observed during RBI inspection in Currency Chests

Name of the authority	Reserve Bank of India
Nature and details of the action(s) taken, or order(s) passed	Reserve Bank of India levied penalty of ₹1,35,250.00 (Rupees One lakh thirty-five thousand two hundred and fifty only)
Date of receipt of direction or order	19.11.2025
Details of the violation(s)	Deficiency observed during RBI inspection in Currency Chests
Impact on financial/other activities	Not Significant

The Reserve Bank of India has imposed a penalty of ₹1,00,000.00 (Rupees One lakh only) on Bank of India. The penalty has been imposed due to Shortage of notes detected in soiled note remittance of Chandrapur currency chest.

Name of the regulatory authority	Reserve Bank of India
Nature and details of action(s) taken	Monetary penalty of Rs. 1,00,000 (Rupees One Lakh Only) imposed
Date of receipt of direction/order	20.11.2025
Details of violation(s)	Shortage of notes detected in soiled note remittance of Chandrapur currency chest
Impact on financial/operations	The monetary penalty imposed by RBI has no material impact on financial operations or activities of the Bank

Breaking: Govt allows Foreign Banks to open new Offices in India

The Inter-Departmental Committee (IDC), chaired by Financial Services Secretary M. Nagaraju, held a meeting today with representatives from the Ministry of Home Affairs, Ministry of External Affairs, Department of Commerce and the Reserve Bank of India. The Committee discussed proposals submitted by the RBI regarding the opening of new branches, representative offices and subsidiaries of foreign banks wishing to operate in India.

It also reviewed applications from Indian banks seeking to expand their footprint abroad through similar arrangements. In addition, the IDC examined requests from foreign banks seeking permission to relocate their existing branches within the country. After carefully evaluating all proposals, the Committee recommended them for approval

The IDC functions under the Department of Financial Services, which serves as the nodal agency for assessing such proposals. Before making any recommendations, the Committee consults with all participating ministries to ensure a coordinated, well-informed and consensus-based decision-making process.

The Government of India is also considering increasing the limit on foreign direct investment in state-run banks to as much as 49%, more than double the current ceiling of 20%. The finance ministry has been in talks with the Reserve Bank of India (RBI) over the proposal for the past two months. As per sources, the move is aimed at narrowing the regulatory gap with private banks, where foreign ownership of up to 74% is permitted. Recently, Foreign interest in India’s banking sector has risen sharply. Emirates NBD recently invested $3 billion deal to acquire 60% of RBL Bank and Sumitomo Mitsui Banking Corp invested $1.6 billion in Yes Bank

Compassionate Appointment cannot be given after a long delay of 15 years

A Division Bench of the Chhattisgarh High Court, ruled that compassionate appointment cannot be given after a long delay of 15 years. The Court said that compassionate appointment is meant to give immediate financial help to the family of a deceased employee.

An employee worked as an Assistant Teacher under the Block Education Officer, Gariyaband. She died while in service on 09.12.2000. At that time, her daughter was a minor. She became a major in 2015. On 05.08.2015, she applied for a compassionate appointment. However, the department rejected her application on 29.08.2017.

The appellant (daughter) then filed a writ petition against the rejection. The Single Judge dismissed the petition. The Judge observed that the purpose of compassionate appointment is to give immediate financial support in a sudden crisis. Since more than 15 years had passed, this purpose no longer existed.

The appellant argued that the authorities wrongly applied the 2003 compassionate appointment policy. She said that the policy in force when her mother died in 2000 was the 1994 policy. Under the 1994 policy, a dependent could apply for compassionate appointment on becoming a major. So, her application in 2015 was valid. She also said that her father abandoned the family soon after her mother’s death, and she and her siblings had to live with their elderly grandmother, which caused financial hardship.

The respondents supported the Single Judge’s order. They argued that the writ petition was rightly dismissed and that no interference was needed

The Court observed that the purpose of compassionate appointment is to give immediate help to the family of a government employee who dies in service. It is a humanitarian measure to help the family face a sudden crisis. In this case, the appellant applied for the job on 05.08.2015, almost 15 years after her mother’s death. The Court held that such a long delay defeats the purpose of compassionate appointment.

The Court relied on the Supreme Court judgment in State of Maharashtra & Anr. v. Ms. Madhuri Maruti Vidhate. The Supreme Court held that compassionate appointment is an exception to the normal recruitment rules. It is meant only to help the family overcome an immediate financial crisis, not to provide a job equal to the one held by the deceased employee. Also, a person cannot be treated as a dependent after many years have passed.

The Court finally held that compassionate appointment cannot be used as a source of employment after many years from the date of death of the employee. The Court found that the Single Judge’s decision was correct and did not require any change. Therefore, the appeal was dismissed.

Union bank Q2profit down 10%on fall in total kncome

RECRUITMENT OF 22,281 CLERKS IN BANKS ADDITIONAL INDENT BT BANKS FOR 2026-27.

RECRUITMENT OF 22,281 CLERKS IN BANKS ADDITIONAL INDENT BT BANKS FOR 2026-27.

AIPNBOA President Sreekumar promises to Ban Holiday Working

AIPNBOA President Shri Sreekumar has promised to stop holiday working. He has released his manifesto with clear statements supporting a complete ban on holiday working.

Sreekumar said: Authorities still fail to understand the very concept of work life balance. Let it be made clear – No Officer shall be compelled, coerced, or threatened to attend office on Sundays or Holidays. We firmly assure that none of our members will be disturbed on their legitimate off days, no matter wherever they are posted.

AIPNBOA Elections are scheduled to be conducted on 23 November 2025. Shri Sreekumar is contesting against Shri Dilip Saha for the post of General Secretary. Shri Sreekumar is currently working as President of AIPNBOA while Shri Dilip Saha is the current General Secretary of AIPNBOA. Click here to know all about AIPNBOA Elections 2025.

This will be a big relief for Bank employees as holiday working is becoming common in Banks. Employees are ordered to work on Holidays – Saturday and Sunday. Even some banks have previously ordered Employees to work on festivals. This needs to stop.

Bank Employees are already overburdened. The work pressure and stress is increasing in banks. Family and social life is getting deteriorated. It’s high time to implement proper work rules for Bank employees.