@PiyushGoyal Sir Very strongly you put, How PSBs helped build India.
Much more PSBs can do. To Retain d right talent, motivate.
Pls support with your ideas.
They will reciprocate. Offer them CPC wage formula / Wage code pinciples, better HR & incentivise good work.
Private Housing finance companies are charging ROI 18% to 21.25% in the villages for housing loan from the poor.
Verify Equitas and Shriram Housing Finance.
PSBs 8.5%
For PSBs income less,profit less,salary also less.
Demands by trade unions for bankers
Wage revision on the principles of Minimum Wages
Mandate upto Scale VII
Running scale of pay, as the increments cannot be linked to promotion, but to the years of service only.
Updation of pension, to ensure a decent retired life.
must achieve to settle up to scale 7, or, it is a danger of recruiting scale 6 and 7 from market, will affect career prospects of officers elevated in cadre with exposure &experience.
Private banks recruit under CTC at even officers level not following the IBA wages.
Mergers&amalgamation precursor to privatisation-not good for the Indian public and economy.
Public &politicians must fight and we lead.
But, WAGE REVISION, we only must fight.
Minimum wages concept, Grade A salary,Running scale,pension updation.
DEMAND
@ManimaranGV1 A scientific structure of pay should be available across the board. Minimum wages code while being finalised, Officers in Central Government, PSUs and PSBs shall have relativity considering the risk, responsibility, accountability, transferability etc.
@ManimaranGV1 A scientific structure of pay should be available across the board. Minimum wages code while being finalised, Officers in Central Government, PSUs and PSBs shall have relativity considering the risk, responsibility, accountability, transferability etc.
@cboamanimaran ● The Government offers to infuse Capital to the tune of 70,000 Crores
● During the same period, Government expects Dividend from RBI & Banks to the tune of more than 1,00,000. Crores !!!
@cboamanimaran * PSB officers are implementing various schemes of its owners (Government)
* Officers have least control on profit/ loss which are at the behest of policy decisions.
* The profits of RBI are the sweat of Bank staff (CRR, SLR)