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Showing posts with label NOBW. Show all posts
Showing posts with label NOBW. Show all posts

Thursday, 5 January 2017

07:04

Bank staff want cash, not praise from the PM

Bank staff want cash, not praise from the PM

Prime Minister Narendra Modi’s words of appreciation for bank employees in his televised speech on Saturday has brought little cheer to bank staff. State-owned lenders have called for concrete rewards for their staff, while bank unions have demanded immediate and appropriate compensation and payment of overtime dues to all employees.

The National Organization of Bank Workers (NOBW), an affiliate of the Bharatiya Mazdoor Sangh, has also written to the Prime Minister asking him to look into the issue. According to the letter, many banks are yet to pay their staff the overtime dues.

Most public and private sector bank officials have worked not worked extra hours but also on weekends and holidays to meet the surge in customer demand, after the government announced the demonetization exercise on November 8.

“While the Prime Minister praised the bank officials for their work, there was no concrete announcement made for their welfare..we have written to the PM urging him to look into the matter,” Ashwani Rana, vice president, NOBW, told Hindustan Times. The public sector banks have about 8 lakh employees at present.

The All India Bank Employees’ Association (AIBEA) too has demanded that the bank managements ensure safety and protection of bank staff by maintaining law and order in all bank branches to prevent harassment of bank staff.

“The government and the Reserve Bank of India must take steps to normalize the situation at the earliest, the bank employees are under tremendous pressure with shortage of cash and withdrawal limits still continuing,” CH Venkatachalam, general secretary, AIBEA said.

Modi, in his speech, complimented the bank employees including the banking correspondents who primarily work in the rural areas but also said that the “few officials” who have indulged in misconduct in the last one month will not be spared.

Thursday, 7 July 2016

07:48

Government considering ESOPs to bank employees: Jayant Sinha

Government considering ESOPs to bank employees: Jayant Sinha 

NEW DELHI: Government is considering to issue ESOPs to bank employees, Minister of State for Finance Jayant Sinha said today.

He also asked bank employees to make the public sector competitive so that they get higher compensation and other benefits.

"This government is of view that we should create ESOPs for PSB bank staff," he said at a function organised by BMS and NOBW.

The employees, Sinha said, should be working towards making PSBs competitive, raising market sharing and improving profitability. 

It will help improving profit to book ratio so that banks can raise capital from market.

On non-performing assets in the banks, the minister said strict measures will be taken by law in case of criminal negligence. 

The Reserve Bank of India has said the gross non-performing assets of the banks can rise to as high as 9.3 per cent in 2016-17 after hitting 7.6 per cent in March 2016. 


Tuesday, 4 August 2015

07:36

Agitation for Saturday leave by NOBW

Agitation for Saturday leave by NOBW

National Organisation of Bank Workers
(affiliated to BMS/BJP, Constituent of UFBU)
informs:

NOBW decided to go on agitation.

In the National Executive Committee meeting of NOBW
held on 1 and 2 August, 2015 at Kanpur
decided to go on agitation for

1. Not implementation of 2nd and 4th
Saturday off.

2. Compassionate appointment to
August 2014 past cases.

3. Anomalies of 10th BP like
Stagnation increments,

Pro data for medical allowance for 2012 and
Spl Allowance not paid on Qualification Pay.
(Comment: why Special Pay and F.P.P omitted)

Source:"Indian"Bank Kumar.