For 5 days bank bank union start agitation

👆👆
*Com. Rupam Roy, AIBOC General Secretary*, addressing today's demonstration at Chandigarh for 5-day banking and other crucial demands. ✊ #BankingReforms #UnitedForJustice

SBI employee files molestation and harassment complaint against Branch Manager

Bihar: A female bank employee has accused the manager of SBI West Pali branch in Kishanganj of molestation. She has filed a complaint against the manager at the women’s police station.

According to reports, the woman worked as a Branch Relationship Executive at the SBI West Pali branch. About four months ago, former branch manager Kaushal Kumar allegedly called her to his chamber and played obscene videos on his mobile.

Additionally, on September 19, 2024, while the victim was having her meal in the bank’s locker room, the manager entered and allegedly molested her, touching her inappropriately. Distressed by his actions, the woman stopped going to work for three months. Despite this, the manager continued to make obscene remarks over the phone. More details on this incident will be released soon

Finance Ministry to Meet Public Sector Bank Heads on March 4

The Finance Ministry has scheduled a meeting with the heads of Public Sector Banks (PSBs) on March 4, 2025 to review their financial performance and assess the progress of financial inclusion schemes

Key Agenda of the Meeting

The meeting will be chaired by Financial Services Secretary M Nagaraju and will focus on:

• Reviewing financial performance of PSBs
• Assessing progress of financial inclusion schemes, including PM SVANidhi
• Discussing banking sector trends after the Union Budget 2025-26

This will be the first official meeting between the government and public sector banks after the presentation of the Union Budget 2025-26 in Parliament.

PSBs Report Record Profits

Public Sector Banks have demonstrated strong financial performance in the current fiscal year. Between April and December 2024, PSBs reported a record net profit of ₹1.29 lakh crore, reflecting an annual growth of 31.3%.

Gold insurance

Key highlights of PSB performance include:

• Highest-ever net profit: ₹1,29,426 crore (31.3% year-on-year growth)
• Total operating profit: ₹2,20,243 crore
• Improved asset quality: Net NPA ratio at 0.59% (₹61,252 crore)
• Strong business growth: Aggregate business reached ₹242.27 lakh crore
• Deposit growth: Increased by 9.8% year-on-year
• Overall business expansion: Grew by 11% year-on-year

What This Means for the Banking Sector

The steady improvement in financial health indicates that PSBs are well-capitalized and maintaining better asset quality. The low net NPA ratio of 0.59% suggests that banks are effectively managing bad loans, which strengthens confidence in the banking system.

With strong business growth and profitability, the upcoming meeting on March 4 is expected to focus on maintaining this momentum and further expanding financial inclusion schemes.

Sexual Harassment of Women in Banks, Women pressurized to withdraw Complaints

The All India Bank Employees’ Association (AIBEA) has written to the Indian Banks’ Association (IBA), raising serious concerns about the functioning of Internal Complaints Committees (ICCs) in banks. These committees are responsible for handling complaints of sexual harassment in the workplace, as mandated by the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Call for Action by IBA

AIBEA has urged the Indian Banks’ Association (IBA) to issue an advisory to all banks, instructing them to address these issues and make the ICCs more effective. The union believes that ensuring a fair and transparent complaints system will help protect women employees from harassment and provide them with a safer work environment.

The banking sector employs a large number of women, and AIBEA insists that their safety and rights should not be compromised. The union has also called on its member unions to monitor the implementation of ICC guidelines in their respective banks and take up issues on behalf of affected employees.

Conclusion

Workplace safety is a fundamental right of every employee. AIBEA’s initiative highlights the urgent need for banks to strengthen their Internal Complaints Committees and ensure that women employees feel safe and supported. The ball is now in the court of the Indian Banks’ Association to take necessary action and address these pressing concerns.

Bank Clerk and Sub-Staff DA Increase, Check Basic Pay Salary Wise Increment

Special Pay Name	Spl Pay	D.A.	Incr/Decr
Customer Service Associate	1970	417.64	26.99
Sr. Customer Service Assoc. (Cash)	3050	646.60	41.78
Spl. Customer Service Associate	4600	975.20	63.02
Armed Guard/Security Guard	795	168.54	10.89
Sr. Office Assistant	1145	242.74	15.69
Spl. Office Assistant	1505	319.06	20.62
Office Assistant (Tech)	4150	879.80	56.60
Driver	4825	1022.90	66.10

Professional Qualification Pay (PQP)	PQP	D.A.	Incr/Decr
Graduation Pay/PQA-After 1 year	820	173.84	11.23
Graduation Pay/PQA-After 2 years	1640	347.68	22.47
Graduation Pay/PQA-After 3 years	2460	521.52	33.70
Graduation Pay/PQA-After 4 years	3280	695.36	44.94
Graduation Pay/PQA-After 5 years	4100	869.20	56.17

Da chart for officer

Da for banker increase 23 slab and for retired employee it is 66 slab

The December 2024 CPI [IW] was just announced. It is 143.7, down 0.8 points from the October or November 2024 figures. The exact DA slabs will be announced soon! It is 66 slabs as per a source. For retired  employee and  existing  banker it is 23 slab