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.

UP Gramin Bank Officer Brutally Attacked by Loan Borrowers, NO Arrest Till Now

A very disturbing incident has been reported in Sant Kabir Nagar in Uttar Pradesh. An employee of Uttar Pradesh Gramin Bank has been brutally attacked by a loan borrower. He had gone to recover defaulted loan amount but the borrower attacked him with sticks.

The Uttar Pradesh Gramin Bank Officers’ Federation has written to the District Magistrate of Sant Kabir Nagar, urging immediate action. The incident took place on 7 November 2025 in village Partapur. Employee was working with UP Gramin Bank, Bauriyash branch.

Officer Pawan Kumar Mishra had gone to the village to recover dues related to an NPA (Non-Performing Asset) loan. During the recovery process, when he requested the borrower Chandan Pasi to deposit the outstanding amount, Chandan and his brother Nagendra allegedly attacked him with sticks and rods.

The letter states that the attackers not only assaulted the officer but also held him hostage and tore important bank documents. Mr. Mishra reportedly suffered serious injuries and managed to escape from the spot with great difficulty, saving his life.

Delay in FIR Registration Alleged

The federation further claimed that when the injured office

Fear and Insecurity Among Bank Staff

In the letter, the federation expressed deep concern over the growing fear among bank officers in the district. It stated that incidents like this create an atmosphere of insecurity, especially when officers are carrying out government-backed financial and welfare schemes and are responsible for recovering public money.

The federation noted that if adequate administrative support and safety are not provided, bank officers will find it difficult to carry out their duties, especially in rural areas.

Demands Made to the District Magistrate

The Uttar Pradesh Gramin Bank Officers’ Federation has requested the District Magistrate to take the following actions:r approached Wakhira Police Station to file a complaint, the police initially refused to register an FIR. The FIR was finally lodged only after repeated attempts, but no arrests have been made so far, they said.

1. Immediate arrest of the accused involved in the attack.
2. Provide proper security and justice to the injured officer.
3. Ensure administrative cooperation and protection for bank officers to prevent such incidents in the future.
4. The officer’s assault has sparked concern across banking circles, with demands for strong action to ensure the safety of bank staff involved in loan recovery operations

No PLI- NO 5- DAYS BANKING

PSBs) to revise their Human Resources (HR) policies to ensure staff can communicate in local languages to better connect with customers.

Finance Minister Nirmala Sitharaman has urged Public Sector Banks (PSBs) to revise their Human Resources (HR) policies to ensure staff can communicate in local languages to better connect with customers. This was addressed at the SBI Banking & Economic Conclave, where she pushed for performance appraisals to include proficiency in local languages. The Minister also recently recommended standardized, transparent transfer policies for PSBs that prioritize posting officers up to Scale-III within their linguistic regions, where feasible. 

Key points from Sitharaman's appeal:

Restore the "human touch": Sitharaman noted that the personal connection between banks and customers has declined, which is hurting business. She emphasized that technology should complement, not replace, personal engagement.

Recruit for local language skills: She advised banks to hire staff who can understand and speak the local language of the customers they serve at the branch level.

Incorporate language into appraisals: The Finance Minister suggested that performance appraisals should reward employees for their efficiency in the local language.

Context of recent incidents: This push follows several incidents where bank officials faced backlash for refusing to speak local languages, particularly in states like Karnataka.

Improve credit flow: Sitharaman connected the poor "people connect" to an over-reliance on external credit information companies, which often have delays that negatively impact borrowers seeking loans.

Transparent transfer policies: Beyond language, the Finance Ministry in 2024 recommended that PSBs establish clear, standardized, and transparent transfer policies. This included the suggestion to post officers up to Scale-III within their linguistic regions when possible.

Bank Employee beaten with Stick by Loan Borrower in Uttar Pradesh

On Friday, an employee of Uttar Pradesh Gramin Bank who had gone to collect outstanding dues in Pratappur village in Sant Kabir Nagar, under the Bakhira police station area, was assaulted badly by the loan borrower. The field officer was reportedly beaten with sticks by the bank customer. He managed to escape and save himself.

According to reports, Pawan Kumar Mishra, a resident of Khorabar in Gorakhpur district, works as a field officer at the UP Gramin Bank branch in Baurbyas. On Friday afternoon, he and a colleague visited Pratappur village to collect pending loan dues. When he tried to persuade the defaulter to make the payment, an argument broke out, which soon turned into a physical attack. The accused allegedly beat the officer with sticks and even attempted to snatch his mobile phone

After escaping, the employee reached the Bakhira police station along with bank union members and lodged a complaint. Bakhira SO Rakesh Kumar Singh said that he had been informed about the incident. Once the formal complaint is received, a case will be registered against the accused and appropriate action will follow.

A few days ago, two employees of Canara Bank were attacked with sticks by two men while they had gone to take possession of a house in Wig Colony, Gharaunda in Karnal Haryana. Both officers suffered injuries. The attackers also damaged the car of the bank officials. Even though a police team was present at the spot, they were unable to stop the assault

Rs.7 Crore Home Loan Fraud in State Bank of India in Chennai

Chennai: Two women have been arrested by the Central Crime Branch (CCB) for their involvement in a bank fraud case of about ₹7 crore. According to a complaint filed on August 12, 2024, by officials of SBI, Egmore, Chennai, some people took a Combo Home Loan of around ₹7 crore using fake documents. They later stopped repaying the loan, causing a loss of ₹7,10,00,725 to the bank. After receiving the complaint, the CCB’s Bank Fraud Investigation Wing registered a case and began investigating.

The investigation found that the accused had created and used fake documents together to take home loans worth ₹7 crore. They then shared the money among themselves. During the investigation, the police arrested two accused, V. Saraswathi (46) of Madhuma Nagar, Perambur, and A. Jemila Begum (49) of P.V. Colony, Vyasarpadi.

They were arrested on Thursday in Perambur. After questioning them, the police produced both women before the Additional Chief Metropolitan Magistrate Court in Egmore, and they were sent to judicial custody. The investigation is still going on, and the police are trying to find the other accused who are on the run.

bankers who have retired after service exceeding 30 years receive Gratuity at higher rate for service exceeding 30 years.

For bankers who have retired after service exceeding 30 years, refer the judgement dt.01.09.25 in favour of a retired Canara Bank SM for payment of Gratuity at higher rate for service exceeding 30 years.

Rs.20 Crore Cyber Fraud Racket in Lucknow, Private Bank Manager received 10-20% Commission

A big cyber fraud of Rs.20 crore has been discovered in Lucknow. This was a big fraud racket being operated by some individuals. A deputy branch manager of a private bank and two associates have been arrested for allegedly running a nationwide cyber fraud network that siphoned off nearly ₹20 crore through fake companies and layered bank accounts.

On Nov 5, the cyber team received a tip-off that Umakant and Rajiv were engaged in large-scale cyber fraud. Acting swiftly, the team apprehended both suspects near Axis Bank, Gol Market.

“On interrogation, they revealed their association with Uttam Kumar Biswas, a senior bank official who facilitated the creation of fake bank accounts used in frauds. Based on the leads, the team raided Kiran Enclave on Kursi Road and detained Uttam Biswas, who later confessed to his involvement. The trio was booked under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and IT Act,” said Cyber Cell inspector, Brijesh Yadav.

The accused were identified as Uttam Kumar Biswas, Rajiv Biswas and Umakant,” said DCP crime Kamlesh Dixit on Thursday.“ There are three key members in this cyber fraud syndicate including branch manager Uttam Kumar Biswas, 44, Rajiv Biswas, 28 and Umakant, 33. Uttam lives on Kursi Road and works as deputy branch manager of a private bank. He is the mastermind of the entire operation.

The gang was operating under his supervision. Dixit further added that around 50 complaints related to the gang have been registered on the NCRP portal, while FIRs have been lodged in Visakhapatnam, Hyderabad, Gurugram, West Bengal and Uttar Pradesh. Police seized ₹30,000, 5 mobile phones, 6 ATM cards and 2 Aadhaar cards, 1 PAN card from accused.

According to cyber police station in-charge, Brijesh Kumar Yadav, fake firms were created under names like Aakash Real Estate & Developers Pvt Ltd and Sunrise Solutions Pvt Ltd. Corporate bank accounts were opened with the help of the bank manager. Money received from online gaming scams and fraud calls was deposited into these accounts. Cash was withdrawn via ATMs, transferred to multiple accounts to hide its origin (layering), and later converted into gold, land and property. The bank manager received 10–20% commission, sometimes through Google Pay, sometimes in cash.

So far, transactions worth nearly ₹20 crore have been traced in accounts linked to Uttam. After forming a company, he opened a corporate account and even purchased land in his wife’s name. All financial trails, where the money went, which states or countries it reached are being investigated,” said Dixit.

Main purpose of Compassionate Appointment is to help family of Deceased, Unmarried Brother can be appointed if Wife pre-deceased

The Allahabad High Court has given an important decision regarding compassionate appointment.The high court has recently ruled that an unmarried brother can be considered for compassionate appointment if the deceased government servant’s wife had already passed away.

Normally, under Rule 2(c)(iv) of the UP Recruitment of Dependents of Government Servants Dying in Harness Rules, 1974, an unmarried brother is included in the definition of ‘family’ only if the government servant was unmarried. But the Court said this rule does not apply when the wife of the deceased employee had pre-deceased him.

The court stated that the 1974 Rules are meant to help families and should be 

In this case, the petitioner’s elder brother, Mahendra Pratap, who was a government employee, died while in service on October 9, 2015. His wife had died earlier on February 12, 2010. The petitioner claimed he depended on his brother, the sole breadwinner, and applied for compassionate appointment. The authorities rejected his claim because the rules normally exclude unmarried brothers if the deceased was married.

The Court rejected this reasoning. It said the main purpose of the rules is to help the family of the deceased. The rules give priority to the spouse, but if the spouse has already died, this priority no longer applies.

The Court stated: “…the purpose of excluding an unmarried brother does not apply when the wife of the deceased has pre-deceased him, as no purpose is served by such exclusion in this case.”

The Court also referred to the Supreme Court decision in K.H. Nazar v. Matthew K. Jacob (2020), which said that beneficial laws should be interpreted widely to achieve their purpose. Based on this, the Court held that excluding an unmarried brother where the spouse is already deceased is not justified. The Court directed the Assistant Controller, Vidhik Maap Vigyan, Faizabad Range, to reconsider the petitioner’s application. The authorities must make a fresh decision within six weeks, provided the petitioner can prove dependency on his deceased brother.

Meeting held between Bank Unions, IBA, Govt on 5 Day Banking and Pending Demands; Read Minutes of Meetings

Today, a meeting was held between Bank unions, IBA and Government representatives at CLC Office. The details of the meeting are given below

Deliberation started between the parties with the review of last minutes of conciliation meeting dated 11.08.2025. At the very outset, the Ld. Representative of IBA submitted that as mutually agreed in the last meeting, discussion between the IBA and the representatives of the UFBU took place on 26.09.2025 and the minutes of the discussion has also been submitted before the CLC(C).

The detailed discussion took place on various points as under:

(i) PLI: The suggestions recorded in the minutes dated 26.09.2025 were deliberated in detail and submission of DFS was also heard. After threadbare discussion the parties were in agreement that further bilateral discussion on the issue is required for any concrete proposal to be made out for the consideration of DFS. The conciliation officer advised them to continue the bilateral discussion so that possible solutions may be developed for reconsideration of DFS within the framework of present scheme.

(ii) Recruitment: The DFS stated that response of the modified sequence of recruitment from the upcoming recruitment cycle would be assessed and it is hopeful that the issue will be addressed adequately. However, the union insisted that banks should also initiate recruitment of sub-staff and security staff.

(iii) Five Days Banking: The Conciliation Officer apprised that the D.O. letter, as recorded in the last meeting, would be sent to the Secretary, DFS very soon. The DFS also stated that the matter is under active consideration.

(iv) Enhancement of the ceiling of Gratuity amount: The DFS stated that it has once again written to the Ministry of Labour & Employment vide letter No. 4/8/1/2024-IR dated 25.08.2025 to take appropriate action and revise the ceiling from 20 to 25 lacs. The unions requested the Conciliation Officer to expedite the matter with the Ministry of Labour & Employment.

(v) Issue of appointment of Workmen/Non-workmen Directors: The DFS stated that the matter is under consideration.

(vi) Residual issues: Both IBA and UFBU agreed that they will continue to discuss other residual issues for amicable solution.

During the discussion, the IBA confirmed that both the sides agreed that the “add-on facility under the group medical insurance scheme for retirees for physically and mentally challenged dependents would apply only to the dependent children under the category, subject to submission of required medical certificates” and accordingly the same has already been implemented

Discussion between IBA AND UFBU.

Bank Employee Arrested for Misbehaving with Woman Customer in Patna

A shocking incident took place at a bank located in Gardanibagh, Patna, Bihar where a woman customer was allegedly harassed and assaulted by a bank employee when she went there to inquire about a loan

According to the complaint filed at Gardanibagh Police Station, the woman, who lives in Sipara, said she had visited the bank to complete some loan-related work. During her visit, one of the employees allegedly misbehaved with her. When she objected, the employee physically assaulted her.

After receiving the complaint, the police immediately reached the bank and took the accused employee into custody. Officers said that a case has been registered and further investigation is underway.

In such cases, Section 354 of the Indian Penal Code (IPC), which deals with outraging the modesty of a woman, and Section 323 (assault) are applicable. If the charges are proven, the accused can face two to five years in jail along with a fine.

Bandhan Bank Staff arrested in Raebareli UP for embezzling Funds from 93 Customers Accounts

Raebareli, Uttar Pradesh: A bank employee in Jagatpur, Raebareli, has been arrested for allegedly misappropriating customers’ loan instalments. The accused, Abhishek Singh, is charged with financial irregularities in 178 transactions involving 93 customers.

According to the police, Abhishek Singh was working as a Relationship Officer at Bandhan Bank. His duty was to collect loan instalments from customers, but instead of depositing the money into the bank, he kept it with himself. The fraud came to light during the bank’s internal audit.

Before the irregularities were discovered, Abhishek had taken a weekly leave and submitted his resignation online from home. Once the financial misconduct was confirmed, the bank management informed the police.

Following the instructions of Station House Officer (SHO) Pankaj Kumar Tyagi, Sub-Inspector Amit Singh and Constable Pawan Kumar arrested Abhishek Singh. He is a resident of Godhaiya village in the Zafrabad police station area of Fatehpur district. The police have sent him to jail.

Further investigation is underway to determine the total amount embezzled and whether any other person was involved in the fraud.

Life of Bank Employees Pathetic in India Eat, Work for 14 hours, Sleep, Repeat!

A social media post by a user has gone viral for highlighting the stressful work conditions faced by employees in private sector banks. In his post, the user shared his experience after meeting a friend who works at Axis Bank. He described the employee as “looking finished, with red eyes and zero energy.”

According to him, the friend revealed that if their team fails to meet business targets—such as selling insurance, opening accounts, or issuing credit cards—they are forced to stay in the branch till 11 PM. There is no extra pay and no choice, and employees are expected to return to work the next morning at the usual time, as if nothing happened.

He wrote that the demanding work culture leaves no time for family or personal life, with employees spending nearly 14–15 hours a day at work. Their daily routine has become a repetitive cycle of eating, working, and sleeping with minimal rest. He criticized this as not being “corporate culture” but rather a case of slow-motion burnout, where employees are gradually worn down by constant pressure and long working hours.

He further compared private banks to “suit-and-tie sweatshops,” saying that they have become places where employees are overworked under the guise of professionalism. In a strong statement, he warned that if this continues, someone may eventually break down due to stress or exhaustion, and such incidents will be dismissed as “unfortunate” instead of addressing the toxic work culture that caused them. The post has sparked discussion online, with many users agreeing that the private banking sector’s work environment is becoming increasingly unhealthy and unsustainable.