Bank Employees wage revision meeting with government concluded today with a positive signal to meet in next week for final round talk. The meeting was participated by UFBU from bank employees and IBA from govt.
Now the ball is in court of IBA, reason UFBU has shown flexibility on its demand of 25% increase in salary provided IBA revise its offer substantially with settlement of other issues of bank employees.
It is learnt that the meeting was called on intervention of PM Sri Narendra Modi and he is fully engaged three days due to visit of Chinese President in India. Before final announcement of bankers wage revision PM consent is required as sources indicated. Keeping in view of bank employees heartily implementation of PM Jan Dhan Yojana. It is learnt that Sri Narendra Modi is in favour bank employees.
As information received, earlier government was agree for increase to 11% and now government officials are agreed at 15%, but keeping in view of last settlement of 17.5% government inclined bank employees unions are in favour of settlement at higher than last settlement that is minimum 18.5%. Now new government also wants to win heartily support of bank employees then it seems to be wage revision will be finalised at or above 18.5%.
Both UFBU and government are playing their game behind the screen, but outcome is not announced. The government may get consent of merger of banks and bank employees may get other facilities than salary and may gain 5 Day week.
As banking industry sources said the impact of new generation bankers on wage revision may reflect and their views may be considered. The protest at Jantar Mantar on 13.09.2014 widely spread in banking industry and in media.
UFBU and IBA neither issued any press-note or circular on the issue today. As information received, the major things are finalised and only some issues are to be discussed.
A senior bank employee told that the all things are not discussed during meetings, it is finalised during unofficial meetings, so these will discussed and outcome may be in favour of employees. But what ever outcome will be announced some body always protest and will say it is below expectations.
Transfer of female employees in Public Sector Banks- Minimizing their hardship
Government of India
Ministry of Finance
Department of Financial Services
Parliament Street, New Delhi
Dated the August 8, 2014
Chairman, SBI/CMDs of all Public Sector Banks including IDBI and SBI Associates
Subject: Transfer of female employees in Public Sector Banks – Minimizing their hardship
It has been brought to the notice of this Department that female employees of Public Sector Banks (PSBs), married or unmarried, when placed/transferred away from their husbands or parents, as the case may be, to distant locations face a genuine hardship and develop a feeling of insecurity. Keeping this in view, it has been decided:
i) To accommodate as far as possible placement/transfer of married female employee, on her request, at a place where her husband is stationed or as near as possible to that place or vice versa; and
ii) To accommodate as far as possible placement/transfer of unmarried female employee, on her request, at a place where her parents, are stationed or as near as possible to that place. PSBs are, therefore, advised to frame a policy on the subject with the approval of their Board suitably incorporating the above and take immediate action for implementation and compliance. Pending requests may also be considered under these guidelines. A line of confirmation may be sent to this Department immediately after adoption of the policy by the Board of the Bank.
This issues with the approval of Secretary (Financial Services).
Under Secretary to the Government of India
Government of India
Ministry of Finance
Department of Expenditure
E III (A) Branch
(Amar Nath Singh)
Deputy Secretary to the Govt. of India