1966to 2024 pay scales of substaff/clerks

IBA INVITE UFBU FOR MEETING

RBI officers secure a massive 40% + avg salary hike.*

*RBI officers secure a massive 40% +  avg salary hike.*

*W/o years of  hardships, Negotiations Naitanki नौटंकी by many dozens  of iba bank officials & union leaders .*

*Starting basic pay  from ₹44,500 to ₹62,500 for Grade A officer.*

Can Bank Employees Expect a 5-Day Workweek From FY26

EVERYTHING BANKING NEWS FOR LATEST BANKING NEWS

Bank Fraud Bank of India Employee Booked for illegal transfer of Rs 86 Lakh into his Son’s Account Onl

A 69-year-old retired employee of Bank of India has been accused of illegally transferring Rs 86.75 lakh into his son’s bank account. The alleged transfers took place between the years 2014 and 2016, but the bank filed a complaint almost ten years later.

The man, Deepak Shriram Kaley, was working as an officer in the Transaction Banking Department at the bank’s head office in Bandra Kurla Complex (BKC), Mumbai, during that time. He is accused of transferring the money from an account used for ECS (Electronic Clearing Service) collections into another account named M/s Solutech, which belonged to his son. These transfers were allegedly done without getting approval from senior bank officials.

According to public prosecutor Ramesh Siroya, Kaley carried out these transactions using his personal login ID and password, which only authorized employees are supposed to use.

Kaley’s lawyer claimed that the criminal charge of “breach of trust” does not apply in this situation. However, the police officer investigating the case insisted that Kaley misused his position to divert a large amount of public money.

After hearing both sides, the court said that the accusations are very serious and therefore Kaley should be properly questioned in police custody to uncover more details.

Axis Bank Assistant Manager Arrested in Rs.9 Crore Online Fraud Case

The Economic Offences Wing (EOW) of the Delhi Police has arrested two men in connection with a ₹9 crore fraud involving bank accounts of Larsen & Toubro (L&T) and Shanghai Urban Construction Group (SUCG). One of the accused is an assistant manager at Axis Bank. The arrested men have been identified as:

• Ashish Khandelwal, 32 years old, Assistant Manager at Axis Bank in Delhi.
• Nitin Birmal Dongre, 36 years old, resident of Pune.

How the Fraud Happened

Ashish Khandelwal, who was working at a branch of Axis Bank in Delhi, misused his position and helped in committing the fraud. He shared confidential bank account documents of L&T and SUCG with fraudsters. He also helped change the mobile number and email ID linked to the joint account of the two companies. After that, he assisted in activating internet banking access on the account.

Once the fraudsters got control of the account, they transferred ₹8.94 crore through 94 separate online transactions into different bank accounts across the country.

How the Case Was Discovered

According to Additional Commissioner of Police Amrutha Goguloth, the fraud came to light when Gaurav Sharma, the branch head of Axis Bank’s Adhchini branch, filed a police complaint. He said that the L&T and SUCG joint account was originally opened in January 2008.

But on June 7, 2024, someone claiming to be a company employee requested to change the mobile number and email ID linked to the account. The bank accepted the request based on submitted documents.

Then, in July 2024, an application was submitted to activate internet banking on the same account—and that too was approved. Soon after, the company realized the account was misused and informed the bank, which then approached the police.

How the Police Caught the Accused

During the investigation, police used Call Detail Records (CDR) and tracked the fraud trail to Pune, where one of the accused, Nitin Birmal Dongre, was found. Interestingly, police discovered that Nitin’s wife, Shweta Dongre, was actively shopping online using the stolen money. This clue helped police trace the address.

With help from the Chandan Nagar Police Station in Pune, the EOW team arrested Nitin from Sai Nath Nagar, Pune. Later, based on his inputs, police also arrested the assistant bank manager Ashish Khandelwal from Uttam Nagar in Delhi.

Police believe more people are involved in this fraud. Raids are being carried out in different parts of the country to catch the remaining accused. The phones and accounts involved are under surveillance.

New Tatkal Booking Timings (Effective April 15)

To make booking easier and stop misuse, Indian Railways is bringing big changes to the Tatkal ticket system starting April 15. These changes will help genuine passengers get tickets more easily, especially during busy hours.

Whether you travel often or just once in a while, it’s important to understand the new Tatkal rules before booking your ticket.

New Tatkal Booking Timings (Effective April 15)

Indian Railways has changed the booking time slots for different types of tickets to make the system smoother and reduce long waiting times.

Ticket Type	Old Time	New Time (from April 15)
AC Classes (1A, 2A, 3A, CC)	10:00 AM (1 day before)	11:00 AM (1 day before)
Non-AC Classes (SL, 2S)	11:00 AM (1 day before)	12:00 PM (1 day before)
Premium Tatkal (PT)	10:00 AM (1 day before)	10:30 AM (1 day before)
Current Reservation	4 hours before departure	No change
Agent Bookings	Allowed anytime	Not allowed from 10 AM to 12 PM

Note: Now, agents can’t book tickets during the most crucial two hours (10 AM to 12 PM), giving regular users a better chance to book their tickets.

How to Book Tatkal Tickets (Step-by-Step)

1. Go to www.irctc.co.in or open the IRCTC app
2. Choose your train and class (AC or Non-AC)
3. Select the “Tatkal” quota
4. Fill in passenger details and a valid ID proof number
5. Make the payment to confirm your booking

What’s New in the Tatkal System?

• Passenger details will be auto-filled for registered users to save time
• Payment time increased from 3 minutes to 5 minutes
• Captcha made simpler to speed up the booking
• Same login works for both the app and website
• Maximum of 4 passengers can be booked per Tatkal ticket
• No discounts or concessions allowed under Tatkal quota
• Always carry a valid ID proof when travelling on a Tatkal ticket

Why These Changes Matter

These changes are designed to:

• Make urgent travel easier and fairer
• Stop agents from booking in bulk before regular users
• Speed up the booking process for everyone

If you’re planning to travel using a Tatkal ticket after April 15, keep these new rules in mind to avoid any confusion and improve your chances of getting a ticket.