Public sector banking Unions in 🇮🇳 demanding 5 day banking & a fair execution of the performance linked-incentive scheme (PLI)
https://t.co/Zy5AjPcgiT
The government must act swiftly to implement a 5-day banking week after agreeing two years ago to do so. #5DayWeekandFairPLI#AIBOC@PMOIndia https://t.co/poCilD96xt
All Bank Unions. We are ONE.
AIBEA - AIBOC - NCBE - BEFI - INBEF - INBOC - AIBOA - FBOI
India’s Bank employees seek two things rooted in fairness and dignity at work.
#5DayWeekandFairPLIThe demand for a 5 Day Work Week in banks is not new. It already stands agreed upon in the Bipartite Settlement of March 2024.
What remains is its long-pending implementation.
At the same time, the unilateral and discriminatory PLI system must be abolished and replaced with a fair, transparent and inclusive framework for all employees, recognising the collective effort behind every institution’s performance.
Hardworking bank employees are not asking for privilege.
They are asking for implementation of an agreement and equality in reward.
A motivated banking workforce strengthens Indian banking and the nation.
@PMOIndia@AIBEAofficial@aiboc_in@ncbeofficial@fboioa_india@inboc_intuc
Yesterday we visited HO Gurugram to meet DPMD officials for removal of day end check for CKYC and IAD officials on increased no of staff side cases .
On CKYC and Rekyc our field with great support of HO DPMD division has done a tremendous and appreciable job for which you all deserve a big appreciation .
In last nine years new customer ID opened and for old accounts around 13 cr ckyc was required and out of thar only 30 lakes are pending .so less than 3 pc pending as on date out of which only 1 pc in case of new cust ID . HO DPMD has almost made real time data available on mobile APP for new accounts opened for documents scanning through Mobile APP which we checked with a branch where I was not showing it was checked with DpMD officials who confirmed few issues today that was taken up with IT officials .we urge our branch officials colleagues to use this mobile APP for ckyc documents scanning on daily basis and minimize this pendency to lowest possible so there is no centralised day end check from 1 st Oct for ckyc .September end is the RBI deadline to clear pendency for ckyc and rekyc due up to March 26 .otherwise we will face penalty. Though our bank position on ckyc is much much better than many other PSB including SBI .DPMD officials know that field is facing lot of work pressure and constraints and still doing well though few branches needs more work to do on this front .they were appreciative of branch officials work on ckyc .
365 days vs 15 days.
These are not merely numbers on a policy document. They represent a very real difference in how employees may be valued and rewarded.
If banking is a team effort, then the incentive system must strengthen that team—not create a divide within it.
We believe senior officers deserve recognition for performance. But the contribution of every employee—from the person managing the counter to the person ensuring the branch functions smoothly—must also be recognised fairly.
That is why we stand for:
✔ Equitable PLI
✔ 5-Day Banking
✔ Dignity for every employee
✔ A stronger and more motivated banking workforce
@FinMinIndia@DFS_India
#FairPLI #5DayBankingNow
#5DayWeekandFairPLI
Working Days in Week 👇
▶️RBI- 5days
▶️DFS - 5 days
▶️LIC - 5 days
▶️CVC - 5 days
▶️SEBI - 5 days
▶️BSE- 5 days
▶️NSE- 5 days
▶️NPCI - 5 days
▶️IRDAI- 5 days
▶️Ministry - 5 days
▶️State Govt - 5 days
▶️NABARD-5 days
15 Lac Bankers still waiting!
#5DayWeekandFairPLI
#5DayWeekandFairPLI
DFS implement your written commitment on 5 dayweek banking and remove 20 pc exclusion clause from senior executives PLI and implement amended PLI scheme to all employees of PSB .