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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*********

Thursday, October 1, 2026

Expected DA for Bankers from Nov'26

Expected DA  Calculation Updated on 30.09.26 on the basis of CPI for the month of Aug'26 with the assumptions of CPI for the month of Sep'26 . The CPI for the month of Aug'26 announced on 30.09.26 as 154.40 with an increase of 1.20 points from Jul'26. (as per revised base year 2016) (The base year was changed from Oct 2020) 

  1. Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 1.20 point in the month of Sep'26. Accordingly, on this assumption, we may expect there would be an increase of 3.54% DA in terms of 12th BPS on revised pay. Total 31.37% DA will become payable from Nov'26.
  2. On assumptions if there is an increase in CPI index by 1.10 point in the month of Sep'26, we may expect there would be be an increase of 3.50% DA in terms of 12th BPS on revised pay. Total 31.33 % DA will become payable from Nov'26.
  3. On assumptions if there is an increase in CPI index 1.00 point in the month of Sep'26, we may expect there would be be an increase of 3.47% DA in terms of 12th BPS on revised pay. Total 31.30% DA will become payable from Nov'26.

Wednesday, September 30, 2026

Govt proposal for 5 days Banking



As far as I received information regarding the 5-Day Banking:*

1. Govt has declined the proposal of 40mins extra working time in 5 days. DFS asked for an alternative as stakeholders are not ready for it.

2. There is a proposal of existing Saturday (1st and 3rd) as usual opening and on those Saturdays staff will come on rotation basis which means 5day for staff but 6day for customers.

3. There is another proposal of 7-day banking from DFS. Staff will come on a rotation basis and will work for 5 days but the bank will be opened for 7 days. (This is quite impossible because there are not sufficient staffs in small banks)


Govt is insisting on number 3, so that *merger* can get effective and staff shortage will not be any barrier to the proposal, but they are not ready to recruit more staff in the banking sector rather they are asking to promote digital system and Alternate channels.


So like bipartite settlement, a committee has been formed so that they can talk to the stakeholders for an alternative solution to implement 5 day banking asap..

Govt has also craftily included customers to the list of stakeholders, and we know that the majority of customers don't want this.

So, the first meeting of this committee is very important and let's see what comes out...

Friday, September 25, 2026

Please Speak for the Banking Workforce*

To
The MDs & CEOs
All Public Sector Banks of India

 *Subject: An Appeal from Your Junior Colleagues - Please Speak for the Banking Workforce* 

Sir/Madam,

There was a time when the leadership of nationalised banks came from outside the banking workforce. Today, many of our MDs & CEOs have risen through the very system they now lead.

This change happened because generations of bank employees built and strengthened the Public Sector Banking system.

Therefore, we believe you understand the ground realities better than anyone else.

 *Today, however, your junior colleagues are deeply pained to see our justified demands being questioned, vilified and, at times, met with threats.* 

You know the reality inside our branches.

 *There are virtually no fixed working hours.
A banker's day may begin around 10 AM and continue for another 10–12 hours. Targets, compliance, business development, audits, recovery, government schemes and customer service have all increased enormously.* 

 *And behind these numbers are human beings and families.* 

The consequences are visible in the growing stress, fatigue and health concerns across the workforce.

We cannot build a strong banking system on an exhausted workforce.

This is why 5-Day Banking is not a demand to work less.

WE DON'T WANT TO WORK LESS.

WE WANT TO WORK BETTER.

Five-day banking can provide employees with the much-needed two-day weekly rest while allowing better planning, productivity and work-life balance.

We therefore appeal to you:

Please speak to the DFS.
Please speak to the Government.
Please tell them the ground reality.
 *Please convey the sentiments of nearly 8 lakh bank employees and their families.* 

You are not outsiders to this system.

You have grown through this system.
You know its pressures.
You know its people.

 *Today, your junior colleagues look towards you.* 

STAND WITH YOUR WORKFORCE.

SPEAK FOR THE BANKING SYSTEM.
SUPPORT 5-DAY BANKING.

Because a stronger banking system begins with a healthier workforce.

The government never committed to a five-day workweek for banks

The government never committed to a five-day workweek for banks and the issue was not discussed during wage settlement negotiations, a finance ministry source said.

The clarification comes days before bank employees go on a nationwide three-day strike, starting September 28, in support of the demand.

Bank unions claim the industry body agreed to a five-day week, with Saturdays declared holidays, as part of a wage settlement signed in March 2024.

Link in comment

#Bank #FinanceMinistry




Wednesday, September 23, 2026

A meeting was conducted between AIBOA and IBA at the office of Deputy CLC in New Delhi on 23 September 2026.

#BankStrike
A meeting was conducted between AIBOA and IBA at the office of Deputy CLC in New Delhi on 23 September 2026.

During the meeting, AIBOA raised several concerns related to the demands mentioned in its strike notice. The association demanded proportionate payment of annualised pay to bank employees, from executives to the last employee on the payroll.

AIBOA also opposed the proposed privatisation of IDBI Bank. It referred to earlier government commitments to maintain 51% ownership in the bank and argued that the government could increase its holding by purchasing shares from the market. The association also raised concerns about the possible impact of foreign ownership on public sector banking, reservation provisions and facilities for differently abled employees, and demanded that the proposed privatisation be stopped.

The association also raised the long-pending demand for five-day banking. It pointed out that the issue had been discussed under earlier agreements and the 9th Joint Note signed on March 8, 2024, but the matter remains unresolved. AIBOA stated that other financial institutions such as RBI, NABARD and LIC follow a five-day working week and demanded that banks should also adopt the system. It also sought an advisory from the Government for banks to complete daily work by 6 PM.

The IBA requested AIBOA to withdraw the proposed strike and said that government has taken a lot of welfare measures for bank employees.

On five-day banking, DFS stated that the demand is under consideration by the Government, but no specific timeline could be given at present.

The DFS representative therefore appealed to AIBOA to call off the proposed strike from September 28 to 30.

However, AIBOA maintained that no satisfactory solution had been offered by IBA and DFS and that sufficient positive steps had not been taken to resolve its demands. The association therefore stated that it had no option but to continue with its proposed strike.

Tuesday, September 22, 2026

Banking Employees – Welfare and Working Condition currently

Banking Employees – Welfare and Working Condition currently 

1. Excessive working hours – In many banks, employees may work from around 10:00 a.m. until 10:00 p.m., resulting in poor work-life balance.

2. Maternity leave – Employees have raised concerns about whether the available maternity leave and related support are adequate for working mothers.

3. Frequent transfers – Branch transfers every three years and transfers to other states every five years can create difficulties for family life, children's education, and care of elderly parents. Frequent relocation can also make it difficult for spouses to live together.

4. Different PLI/incentive settlements – Differences in performance-linked incentive arrangements among employees can create concerns about fairness and equal treatment.

5. Working on all seven days – Employees may be required to work beyond the normal weekly schedule, including Sundays or holidays in certain situations, increasing workload and stress.

6. Promotion linked to insurance sales – Linking promotion or career progression substantially to insurance-selling targets can create pressure on employees whose primary banking responsibilities are different.

7. Limited career growth – Employees may face limited opportunities for promotion, skill development, and career progression.

8. Inadequate pay structure – Employees may have concerns about whether the salary and allowances adequately reflect workload, responsibilities, and working hours.

Government vs UFBU



Appeal to bank employee by Central Govt not to participate in Strike





12th Bipartite Settlement. What you are thinking???

10th Bipartite Settlement
DA for Aug 136.9%

₹ 20,573 (136.9%) + ₹ 28,164✓ = ₹ 48,737

 ₹ 20,573 ( *296.796%* )+ ₹ 61,060 = ₹ 81,633      
 ₹32896

₹ 39,575 (136.9%) +₹ 54,178✓ =₹ 93,753 
₹ 39,575 ( *249.013%* ) ₹ 98,547 ₹ 1,38,122       
 ₹ 44,369

₹ 31,491 (136.9%)+ ₹ 43,111✓       =₹ 74,602 
₹ 31,491 ( *262.293%* )+ ₹ 82,599 =₹ 1,14,090       
₹ 39,488

₹ 13,035 (136.9%) +₹17,845✓         =₹ 30,880 
₹ 13,035 (*354.345%* )+ ₹ 46,189  =₹ 59,224          
₹ 28,344

₹ 17,304 (136.9%) +₹23,689✓      =₹ 40,993
₹ 17,304 (*315.597%*)+₹ 54,611  =₹ 71,915.            
₹ 30,922

₹ 11,323 (136.9%)+ ₹ 15,501✓ = ₹ 26,824 
₹ 11,323 (*378.088%*) + ₹ 42,811  = ₹ 54,134             
₹ 27,310

This chart seems to be not correct.
For 10 th bps, DA for Aug 26 is
9916-4440=5476
5476/4= 1369*0.1%=136.9%

 DA as 136.9% is uniformly and correctly applied to 10 th bps basic  whereas for calculating DA change, no uniform % is applied. 

For every basic different DA % is applied which is not a logical but a peculiar way of calculation.

11th Bipartite Settlement
DA for Aug 62.37%

₹ 11,550 (62.37%)+ ₹ 7,204.✓     = ₹ 18,754
₹ 11,550 (*374.536%*)+₹ 43,259 = ₹ 54,809.        
 ₹ 36,055

₹ 12,339 (62.37%)  + ₹ 7,696✓.      =₹ 20,035
₹ 12,339  (*363.206%*) +₹ 44,816=  ₹ 57,155           
₹ 37,120

₹ 52,815  (62.37%) + ₹ 32,941✓.     =₹ 85,756 
₹ 52,815  (*236.044%*)+₹ 1,24,667 =₹ 1,77,482.  
₹ 91,726

₹ 34,545 (62.37%)+ ₹ 21,546✓.      = ₹ 56,091
₹ 34,545 +(*256.546%* )+₹88,624 = ₹ 1,23,169        
₹ 67,078

₹ 51,660 (62.37% ) +₹ 32,220✓       =₹.  83,880 
₹ 51,660 +(*236.91%*)+₹ 1,22,388 =₹ 1,74,048     ₹ 90,168

₹ 25,847 (62.37%). +₹ 16,121✓      =₹ 41,968 
 ₹ 25,847 +(*.276.488%*)+₹ 71,464=₹ 97,311       
 ₹ 55,343

₹ 52,050 (62.37%)  +₹32,464 ✓        =₹  84,514 
₹ 52,050+(*236.614%* )+ ₹ 123158=₹ 1,75,208   
₹ 90,694

 For 11 th.BPS   
 ie 9916-5352= 3564
3564/4=891 slabs 
891*0.07%=62.37%

DA for Aug 26 as 62.37% for 11 th bps basic is uniformly applied whereas for calculating DA change no uniform DA % is applied. 

For every basic different DA % is applied in no logical but peculiar way of calculation evening giving pension as 1.75 lacs ,1.74 lacs perhaps higher than the salary of the working employees.

12th Bipartite Settlement
DA for Aug 26.  27.83% 

₹ 13,777 ( 27.83%)  +     ₹ 3,834 ✓ = ₹ 17,611 
₹ 13,777+(*345.888%*)+ ₹ 47,653 = ₹ 61,430   
 ₹ 43,819

Basic is very low and imaginary. For minimum qualifying service for pension, basic should have been higher(10 y/20y)

If salary basic is double of pension basic
Salary basic of 13777*2 would have fetched a salary of 17611*2= 35222

while pension as by this peculiar chart of DA 345.888% , stands as 61430.

Then why should that employee continue in service and lose a higher amount of pension than the salary.

₹ 15,155    (27.83%) +   ₹ 4,218✓ =  ₹ 19,373 

₹ 15,155  (*332.37%*) + ₹ 50,371  = ₹ 65,526 
₹ 46,153

₹ 22,732  (27.83%)    +   ₹ 6,326✓ = ₹ 29,058

 ₹ 22,732.(*287.343%*)+   ₹ 65,319  = ₹ 88,051        
  ₹ 58,993

The chart is misleading and the DA payable to differ basics of the same bps is not uniform
and seems to be imaginary without any logical way of computation.

Unless the author of the circular has tendered suitable, valuable and acceptable reasons for applying various DA% making pension to be more than the current salary of serving employees 

We can't take it for granted.

When one tenders a new calculation chart applicable to all pensioners of all banks  across the nation,  the basic practice should be clear to substantiate the workings of the author   so as to avoid misconceptions on the concerned pensioner's receivables.

The chart carried along with the circular needs explanation for getting clarity on it.

M Somasundaram

Thursday, September 17, 2026

👆UFBU writes to the Chief Labour Commissioner

👆UFBU writes to the Chief Labour Commissioner (Central) seeking urgent intervention against cadre-based intimidation of SMGS-IV/V officers, advance declarations and selective profiling of strike participation, and alteration of service conditions during conciliation, in connection with the duly notified strike on 28, 29 & 30 September 2026.

Sunday, September 13, 2026

28TH 29TH 30 TH SEPTEMBER 2026 BANK STRIKE


Bank can’t treat its Employee like ‘Slave’; Patna High Court slams SBI

The Patna High Court has ordered the State Bank of India (SBI) to reinstate an officer who was treated as having voluntarily resigned after he remained absent from work due to illness. The court said SBI did not properly consider his medical condition and documents or give him a fair opportunity to explain why he was absent.

Justice Harish Kumar heard the case filed by Pankaj Kumar Singh, an SBI officer who had served the bank for more than 30 years. The court observed that an employee cannot be treated like a “slave” and that the bank must follow a fair process before taking such a serious decision against an employee

Officer Joined SBI in 1989

Pankaj Kumar Singh joined SBI in November 1989 as a clerk-cum-cashier at the Gandhi Maidan branch in Patna. He was promoted to Assistant Manager in 2006 and later to Deputy Manager in 2011. In June 2019, he was transferred to the Muzaffarpur Zone.

The dispute arose out of the petitioner’s transfer while he was posted at the Digha Branch of the SBI, Patna. The petitioner had applied for an inter-zone transfer from Patna Zone to Muzaffarpur Zone on 11.03.2019 in terms of the prevailing transfer policy of the Bank.

hereafter, the petitioner was served with a letter bearing No. HR/MK 544 dated 28.06.2019, issued by the Chief Manager (HR) Muzaffarpur, who, at the relevant point of time, was posted at the disposal of RBO, Bettiah.

Around that time, he was diagnosed with acute jaundice and was advised to take complete rest for at least 45 days. He applied for leave and claimed that his leave from July 1 to July 31, 2019, was approved through the bank’s HRMS portal.

While he was on bed rest, he developed severe pain in his legs and was admitted to a private clinic on October 17, 2019. He remained under treatment and was advised complete rest until December.

SBI Treated His Absence as Unauthorised

Singh remained on medical rest until December 13, 2019. After doctors declared him fit, he reported for duty on December 16.

Wednesday, September 2, 2026

UFBU STRIKE NOTICE — CONCILIATION PROCESS STARTS ⚡

🚨 CLC MEET :BIG UPDATE FOR BANKERS! 🚨

⚡ UFBU STRIKE NOTICE — CONCILIATION PROCESS STARTS ⚡

The Office of Chief Labour Commissioner (Central) has officially taken up the matter of the strike notice served by the 7 constituent unions of UFBU.

📌 Strike Programme: 🔴 11 September 2026 — All India Strike
🔴 28–30 September 2026 — 3 Days Strike
🔴 From 26 October 2026 — CONTINUOUS STRIKE

📄 The notice confirms that the matter has been seized into conciliation under Section 53(1) of the Industrial Relations Code, 2020.

🗓️ Conciliation Meeting:
07 September 2026 | 11:30 AM onwards
📍 Conference Room, Shramev Jayate Bhawan, Sector-10, Dwarka, New Delhi

🔥 NOW THE BALL IS IN THE COURT OF CONCILIATION!

This is not just another meeting.
Bankers are waiting for CONCRETE & FINAL SOLUTIONS on their long-pending demands.

✊ 5 DAYS BANKING
✊ FAIR & UNIFORM PLI
✊ PENDING & RESIDUAL ISSUES
✊ JUSTICE FOR BANK EMPLOYEES

❓Will the conciliation process bring a breakthrough?
❓Will the strike programme continue?
❓Will IBA/DFS finally address the genuine demands of bankers?

7 Unions. One Forum. One Voice. ✊

🔥 BANKERS MUST STAY UNITE

D! 🔥

#UFBU #BankStrike #Bankers #5DayBanking #PLI #BankEmployees #AIBEA #AIBOC #NCBE #AIBOA #BEFI #INBOC #INBEF #BankingSector #BankersUnity #StrikeNotice
#finance

5-Day Banking — Declare It Now!*

*There should be NO meeting or discussion with IBA on the issue of 5-Day Banking before its declaration.*

Our stand should be very clear: 5-Day Banking must be declared first, and only thereafter should any meeting or discussion take place.

Further, the PLI already credited to Scale IV and above should also be reversed/kept in abeyance until IBA and UFBU arrive at a final decision on the pending issues.

We have had enough of assurances and discussions. Now is the time for a clear and concrete decision, not another round of meetings. 

*NO MEETING BEFORE THE DECLARATION OF 5-DAY BANKING.*

*FIRST DECLARE 5-DAY BANKING, THEN DISCUSSION.*

*REVERSE/KEEP THE PLI OF SCALE IV & ABOVE IN ABEYANCE UNTIL A FINAL DECISION IS REACHED.*

✊ *5-Day Banking — Declare It Now!*

Tuesday, September 1, 2026

Expected DA for Bankers from November 2026

Expected DA Calculation Updated on 31.08.26 on the basis of CPI for the month of Jul'26 with the assumptions of CPI for the months of Aug'26 & Sep'26. The CPI for the month of Jul'26 announced on 31.08.26 as 153.20 with an increase of 1.30 points from Jun'26. (as per revised base year 2016) (The base year was changed from Oct 2020)
  1. Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 1.40 points in the month of Aug'26 and 1.20 points in the month of Sep'26. Accordingly, on this assumption, we may expect there would be an increase of 3.67% DA in terms of 12th BPS on revised pay. Total 31.50% DA will become payable from Nov 2026
  2. On assumptions if there is an increase in CPI index by 1.30 points in the month of Aug'26 and 1.10 points in the month of Sep'26, we may expect there would be be an increase of 3.57% DA in terms of 12th BPS on revised pay. Total 31.40 percentage of DA will become payable from Nov 2026
  3. On assumptions if there is an increase in CPI index by 1.20 points in the month of Aug'26 and 1.00 points in the month of Sep'26, we may expect there would be be an increase of 3.51% DA in terms of 12th BPS on revised pay. Total 31.34 percentage of DA will become payable from Nov 2026

Banker's Demanad is right demands

🇮🇳INDIAN ECONOMY 🇮🇳

🏦 Public Sector Banks given — Profit as of March 2026: ₹1.98 Lakh Crore

Despite this remarkable contribution to the nation’s economy, the Government continues to ignore the genuine demands of bankers.

✊ Bankers deserve recognition, respect and justice.

HONOUR THE COMMITMENT — IMPLEMENT 5-DAY BANKING
@PMOIndia
@nsitharaman
@narendramodi
#5DayWeekAndFairPLI
#5DaysBanking
#BankersAreBackbone



Sunday, August 23, 2026

11th, 28th,29th and 30th September Bank Strike



Mega merger in banking Industry waiting

Public Sector Banks (PSBs) are being reorganized into three major bank groups as per the new plan announced by the Government of India and the RBI.

Updated Bank Groups:

*SBI Group*:
SBI + Bank of Maharashtra + UCO Bank + Punjab & Sind Bank

*Canara Bank Group*:
Canara Bank + Union Bank of India + Indian Bank + Bank of India

*PNB Group*:
PNB + Bank of Baroda + Central Bank of India + Indian Overseas Bank

This PSB restructuring plan is expected to be implemented soon by the Government of India and the RBI. This is for information,,

UFBU Signals Indefinite Strike Over 5-Day Banking, PLI and Other Issues

UFBU Signals Indefinite Strike Over 5-Day Banking, PLI and Other Issues
UFBU is working on an agitation programme covering five-day banking, PLI and other pending issues. The proposed programme could include indefinite strike action and massive demonstrations, with the detailed schedule awaited.

The United Forum of Bank Unions (UFBU) is preparing an extensive agitation programme on key pending banking sector issues, including five-day banking, the Performance Linked Incentive (PLI) scheme and other residual issues.
According to information shared with Kanal, the proposed programme could include indefinite strike action along with massive demonstrations. The detailed programme is currently being worked out and is expected to be announced soon.

Speaking to Kanal after the UFBU meeting, Prem Makker, General Secretary, INBOC, said “We will have extensive strike action programmes including indefinite strike action on issues of 5 days, PLI and other residual issues.” 

He further said, “Detailed programmes including massive demonstrations programme are being worked out and announced by tomorrow hopefully.” 

UFBU is preparing an agitation programme covering five-day banking, PLI and other residual issues, with indefinite strike action also indicated. The formal announcement will provide further details on the exact dates and scope of the proposed industrial action. 

Saturday, August 8, 2026

Historic Reform for India's Banking Sector!

🏦 Historic Reform for India's Banking Sector! 🇮🇳

The Lok Sabha has passed the Bankers' Books Evidence Bill, 2026, replacing the 135-year-old Bankers' Books Evidence Act, 1891.




📌 What changes?

✅ Digital & electronic bank records are now legally valid evidence in courts.
✅ Cloud-based, virtual, and future digital banking records are officially recognized.
✅ Certified electronic copies have the same legal status as certified paper records.
✅ Authentication through manual, electronic, or digital signatures is allowed.
✅ Banks can submit records in electronic or physical form, helping speed up legal proceedings.
✅ The Central Government can extend these provisions to other financial institutions if needed.

💡 Why is this important?
The old law was made in 1891, when banking was entirely paper-based. This new legislation modernizes India's legal framework for the digital banking era, reduces paperwork, improves operational efficiency, and supports faster resolution of court cases involving bank records.

📲 A major step towards a smarter, paperless, and technology-driven banking system.

What do you think about this digital transformation? Share your views in the comments. 👇

#Banking #DigitalBanking #BankersBooksEvidenceBill2026 

Friday, July 31, 2026

Da for Banker from Aug'26

On 31.07.26 Govt declared CPI for the month of Jun'26 as 151.90 with an increase of 1.10 points from the previous month i.e. May'26. . Bankers DA calculator is updated hereunder on the basis of CPI for the month of Apr'26 to Jun'26. Earlier the Govt vide their notification dated 22.10.20 (click to view the letter) has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.

Calculate your DA on the basis of CPI data announced by the Govt for the months of Apr'26 to Jun'26. DA payable for the period Aug'26 to Oct'26 is 27.83% as per 12th BPS




Wednesday, July 22, 2026

RBI permits to operate NRO account with Power of attorney holder with some restriction



RBI permits to operate NRO account with Power of attorney holder with some restriction:

Refer master direction,

Operation of NRO account by Power of Attorney holder

Powers have been delegated to the authorized dealers/banks to allow operations on an NRO account by Power of Attorney granted in favour of a resident by the non-resident individual account holder provided such operations are restricted to:

(i) All local payments in Rupees including payments for eligible investments subject to compliance with relevant regulations made by the Reserve Bank; and

(ii) Remittance outside India of current income in India of the non-resident individual account holder, net of applicable taxes.

(iii) The resident Power of Attorney holder is not permitted to repatriate outside India funds held in the account other than to the non-resident individual account holder nor to make payment by way of gift to a resident on behalf of the non- resident account holder or transfer funds from the account to another NRO account.

Wednesday, July 8, 2026

When Vigilance becomes Audit, Justice becomes the Casualty

When Vigilance becomes Audit, Justice becomes the Casualty (जब विजिलेंस ऑडिट बन जाए, तो न्याय की हत्या तय है।)
Vigilance is meant to identify corruption, fraud, mala fide actions and abuse of official position—not to act as a second audit department. The Central Vigilance Commission (CVC) has repeatedly clarified that vigilance action must be based on credible evidence and a clear vigilance angle, not on mere procedural or operational lapses. Yet, in many banking cases, (Presently I, can quote example of more than 10 live cases ) routine operational mistakes are bundled together to inflate charge sheets, while the real question—where is the vigilance angle?—is conveniently ignored.
Even more disturbing is the disregard for the Bank's own Staff Accountability Policy. The policy clearly provides that accountability should ordinarily be confined to officials connected with the preceding three years, should rely on audit observations of the previous four years, and that disciplinary proceedings should ordinarily NOT be initiated where lapses were not detected within two successive audits or beyond the prescribed period, except in cases involving fraud or mala fide conduct. It also states that mere procedural lapses, where an account became NPA due to external factors, should not be the basis for fixing accountability.
Instead of applying these filters, old cases are reopened after six, seven or even ten years, operational issues are portrayed as misconduct, and innocent officers spend years defending themselves. This wastes management time, demoralizes honest bankers, and diverts vigilance from genuine corruption.

Justice is not achieved by making charge sheets longer. It is achieved by making them fair, evidence-based, timely, and consistent with CVC guidelines and the Bank's own policies.
Vigilance should punish corruption—not criminalize bona fide banking decisions.

Sunday, July 5, 2026

Suggestions for charter of demands

Your suggestion please

Suggestions for charter of demands
1. *Merger of Special Pay with Basic Pay* 

2. *5-Day Banking*  

Settlement should not signed  without  above two issues

3. *Substantial Salary Hike*  
Basisc should  be atleast equalbto RBI/LIC/GIS + increase  same as last increase for LIC/RBI/GIC
*Regulated working hours with no working on weekend*

*2. Working Conditions & Leave*
- *No calls/office on holidays* + *Fixed EOD time* + *unch break* 
- *Casual leave 12 → 15 days*
- *Paid Child Care Leave* 2 years CCL like Central Govt, till child turns 18
- *Maternity leave*: 9-12 months per child
- *Transfer policy*:  transfer of spouse  working in different PSBs at one place,  no outside zone/state transfer upto scale 3 
- *Equal PLI for all* 
- *Sodexo Meal Vouchers* like LIC

- *Stagnation increment removed*, increment slab 20 → 25-30
- *PF for all PSB like SBI*
- *Security guard* in all branches, 3 shifts + staff recruitment
- *Appointment of Officer/Workmen Directors* in boards
- 
*medical expenses reimbursement without any limit* like in SBI 

*OPS for bankers with immediate  and retrospective  implementation of OPS in case of death/disability in service of NPS covered employees* at par with central government employees

Wednesday, July 1, 2026

High Court Draws a Red Line on Departmental Inquiries

BIG WIN FOR EMPLOYEES | जबरदस्त  फैसला 
High Court Draws a Red Line on Departmental Inquiries 

Can an employer dismiss an employee only on the basis of documents, without examining a single witness? The Jharkhand High Court has answered with a firm NO.

In a landmark judgment, Justice Deepak Roshan set aside the dismissal of Abhai Kumar, a former Central Coalfields Limited (CCL) employee who had served for nearly 39 years with an unblemished record.

Just before his retirement, Kumar was accused of obtaining employment fraudulently. An inquiry was conducted with 18 hearings, yet not a single oral witness was produced by the management. The dismissal was based solely on documentary evidence.

The High Court held that a departmental inquiry is a quasi-judicial proceeding, and documents do not prove themselves. Their authenticity and relevance must be established through the testimony of competent witnesses. Relying only on documents, without giving the employee a meaningful opportunity to challenge the evidence, violates the principles of natural justice and fair procedure.

The Court quashed both the dismissal order and the appellate order, directing CCL to release all terminal and retirement benefits, including gratuity, provident fund, pension under CMPS-1998, leave encashment and other dues within 12 weeks.

Key Takeaway:
No witness = No proof.
No proof = No valid punishment.

This judgment reinforces the settled principle laid down by the Supreme Court in cases such as Roop Singh Negi v. Punjab National Bank and State of Uttar Pradesh v. Saroj Kumar Sinha—a departmental inquiry cannot become a mere paper exercise.

The report identifies the employee as Abhai Kumar, the employer as Central Coalfields Limited (CCL), and the judgment as delivered by Justice Deepak Roshan. The ruling emphasizes that documentary evidence alone cannot sustain disciplinary charges without oral evidence establishing those documents.

Tuesday, June 30, 2026

Expected DA for Bankers from Aug'26

Expected DA Calculation Updated on 30.06.26 on the basis of CPI for the month of Apr'26 with the assumptions of CPI for the months of June'26 & Jun'26. The CPI for the month of May'26 announced on 30.06.26 as 150.8 with an increase of 0.90 points from Apr'26. (as per revised base year 2016) (The base year was changed from Oct 2020) 

  1. Keeping in view of recent CPI announced , we may assume there would be an increase in CPI index by 1.00 points in the next month. Accordingly, on this assumption, we may expect there would be an increase of 2.10% DA in terms of 12th BPS on revised pay. Total 27.80% DA will become payable from Aug'26.
  2. On assumptions if there is an increase in CPI index by 0.80 points in the next month, we may expect there would be be an increase of 2.04% DA in terms of 12th BPS on revised pay. Total 27.74 percentage of DA will become payable from Aug'26.
  3. On assumptions if there is an increase in CPI index by 0.70 points in the month, we may expect there would be be an increase of 2.00% DA in terms of 12th BPS on revised pay. Total 27.70 percentage of DA will become payable from Aug'26.

Monday, June 29, 2026

UFBU UPDATE MSJOR DEVELOPMENTS FOR BSNK EMPLOYEES

🚨 UFBU Update | Major Developments for Bank Employees

The latest UFBU circular brings important updates on 5-Day Banking, Performance Linked Incentive (PLI), the 13th Bipartite Settlement, and Pension issues.

Key Highlights:
✅ 5-Day Banking demand continues and has not been withdrawn.
✅ PLI agitation has been kept on hold, but the legal battle is still underway.
✅ UFBU has warned of immediate strike action if the Government implements the unilateral PLI scheme for Scale IV & above officers.
✅ DFS has advised early negotiations for the 13th Bipartite Settlement (BPS).
✅ Pension updation and other retirees’ issues remain on UFBU’s agenda.

This is a strategic pause—not the end of the movement. Bank employees can expect further developments after discussions with the new DFS Secretary and the upcoming High Court hearing.

What are your views? Do you think 5-Day Banking will become a reality soon? Share your opinion in the comments.

#UFBU #5DayBanking #BankEmployees #PublicSectorBanks #PSUBanks #BankingNews #PLI #13thBPS #BipartiteSettlement #BankUnions #IndianBanking #DFS #IBA #PensionUpdation #RuralAndGraminBankersIndia



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