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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*********

Friday, March 8, 2024

Today's Bipartite upĸate

*Today is a historic day in banking industry. The 9th joint note has been signed with 17%increase in payslip cost and the most important the five days clause.*
*It is historic from many parameters.*

 *First, we had not gone for a single day strike.*

*Secondly, it is signed just 16months completion of due date.*

*Thirdly, percentage of increase in payslip cost is highest if you compare the previous settlements.* 

*Fourthly, ex- gratia for pensioners.*

*Fifthly Transfer allowance : 40k*

*sixthly Special Allowance scale 1  - 26.5% Scale 2&3 - 28.3%*

*seventhly, For CAIIB - Additional increment*

*Eightly Hra - 1% Increase.*

*Lastly, inclusion of five day banking in the main clause of joint note which will be implemented within 180days after clearance from government.*

Thursday, March 7, 2024

RBL Bank Employee conducted Rs 19 crore fraud in Govt University Account

In a shocking turn of events, a new revelation has emerged in the case involving a whopping Rs 19.48 crore being deposited into the personal account. The Bhopal’s Rajiv Gandhi Technological University (RGPV) had issued a check to open a Flexi Fixed Deposit (FFD) account in RBL Bank, but instead, the check was deposited by Kumar Mayank, a task head at RBL Bank, into his personal account at Axis Bank. What’s even more alarming is that Kumar Mayank had also provided fake account statements to RGPV officials.


Vikas Verma, the Manager of Arera Colony Branch of RBL Bank, made this disclosure in his statements given at Habibganj police station on February 9th. Verma not only revealed this information but also demanded action from the police against the accused, Kumar Mayank.

Court orders Govt cannot suspend Employee for sending message in WhatsApp Group

The Madhya Pradesh High Court recently made a ruling stating that the government cannot take action against an employee under the disciplinary rules of service for their activities in a private WhatsApp group. This ruling was made in the case of ID Makrani vs The State Of Madhya Pradesh.

“If any member forwards a message in the Whatsapp group which does not mean that it is his personal opinion. Any message in the form of text, photo or video sent in Whatsapp group is confined to the members of the said group. It cannot be said that message had been made public,” the Court observed.

Justice Vivek Rusia, who presided over the case, reasoned that forwarding a WhatsApp message in a private WhatsApp group does not amount to making it public. The court observed that such groups are private in nature and are often formed by like-minded people. Therefore, the activities of a government employee in a private WhatsApp group cannot be linked with serious disciplinary rules.

The court made these observations while dealing with a petition filed by a government official who was suspended for forwarding an “objectionable political message” in a WhatsApp group with other employees. The court concluded that since the WhatsApp group was private and had nothing to do with the officer’s work for the government, the government could not take disciplinary action against the employee.

The court further explained that forwarding a message in a WhatsApp group does not necessarily mean that the person is expressing their personal opinion. It emphasized that any message sent in a WhatsApp group, whether it is in the form of text, photo, or video, is confined to the members of that group and cannot be considered as being made public.

In this particular case, the petitioner, Makrani, had forwarded the WhatsApp message to the group, and he claimed that it had been inadvertently forwarded by his six-year-old daughter. However, the court found that the petitioner had not updated his service book in respect of the birth of his daughter, indicating that his claim was not false. The court also did not accept the contention that forwarding a message on WhatsApp can be questioned under the service rules.

“The Government has not issued any circular or made statutory provision for Government employee / office to create Whatsapp group, therefore, any activity of Government employee in the group cannot be linked with serious disciplinary rules.”

Based on these findings, the court allowed the petition and quashed the order of suspension as well as the charge sheet issued to the petitioner.

Bipartite will sign on 8th march without 5 days banking

From Sources Bipartite will sign on 8th March 2024 without 5 day's Banking. UFBU are divided. A group of union want to sign without 5 days banking with conditional clause. But few union want after implementation of 5 days only sign.
But from source without 5 days Bipartite will sign on 8 th March

Monday, March 4, 2024

Government may announce Five Day Banking before Elections

 According to a report by Financial Express, the Indian government is considering the implementation of a five-day working week for banks before the model code of conduct (MCC) comes into effect ahead of the Lok Sabha elections. This move comes after public-sector bank employees are set to receive a 17% salary increase, following the signing of a memorandum of understanding (MoU) between the Indian Banks’ Association (IBA) and bank unions in December of last year.

Unions’ Request for a Five-Day Work Week

Bank unions have been advocating for the implementation of a five-day work week, similar to government offices, RBI offices, and the Life Insurance Corporation of India, who already operate on a five-day schedule. The IBA and employee unions approved this proposal in November, and it was subsequently sent to the finance ministry for consideration.

Government’s Support and Timing

An official stated that the government is in support of the five-day work week proposal and has been waiting for the right moment to announce it. It appears that now is the opportune time for the government to make this announcement.

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Sunday, March 3, 2024

Government don't want to declare 5days banking before election

12th bps signed next week as per zee Marathi news channel


Settlement date may revise from 11 march to 28 may 2024 n saturday implementation from 1 July 2024 as government don't want to declare saturday before election

t’s a best time to Call strike…in few days code of conduct will get applied so before that lets unite and give the strike…Government will definitely do the same within hours…
All may unite and give a call immediately# 5 day banking

3 out of 6 months gone. 12th bipartite mou will fail.


Once again tarikh pe tarikh!Singla case postponed to 19/03/24

Indian Banks Association (IBA) is not a Statutory Body. It is a voluntary association of banks in India.

It is not an institution registered under Law of the land namely, Indian Companies Act, 1956 (Amended in 2013), Societies Registration Act, 1860 etc.

So, this MoU has no force of law and it is patently illegal.

It is void ab initio. Hence it is not legally enforceable.

Election Commission of India must rescind this Memorandum of Undertaking forthwith.

If necessary, Government of India must intervene and ensure that the bankmen are not troubled under any pretext, for undertaking non-banking related tasks

Expected DA for Bankers

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