IBA called representatives of UFBU for an introductory meeting on 2.5.2017 at 4.00 pm at Mumbai on the issue of XI Wage Revision

IBA called the representatives of constituent workmen unions and officers associations of UFBU for an introductory meeting on 2nd May 2017 at 4.00 p.m. in the Committee Room of IBA at Mumbai on the issue of XIth Wage Revision.

We welcome the workmen of Associate Banks of State Bank of India to the fold of All India State Bank of India Staff Federation

We welcome entire workmen of Associate Banks of State Bank of India to the fold of All India State Bank of India Staff Federation (NCBE).

Bank decides to pay Compensation to Retirees who have volunteered their services to meet exigency of Bank during Demonetisation

Bank decides to pay Compensation to Retired Employees who have volunteered their services to meet exigencies of Bank during Demonetisation as under:

Cadre           Amount per day of full day's work           Maximum Limit 

Officers                        2000/-                                                   12000/-

Clerical                        2000/-                                                   12000/-

Sub-staff                      1000/-                                                    8000/-

Board of the Bank in its Meeting held on 14.03.2017 approved Promotion Policy for the Officers for the year 2017-18

Board of the Bank in its Meeting held on 14.03.2017 approved Promotion Policy for the Officers for the year 2017-18.

To know about the New Policy Click  http://aipnbsf.org/files/Protion%20Policy%20for%20Officers.pdf

Bank has revised the cash subsidy payable to canteen contractor from Rs. 60/- to Rs. 100/- per employee per month

Bank has revised the Cash Subsidy payable to canteen contractor from Rs.60/- per employee per month to Rs.100/- per employee per month commencing from the month of April 2017.

We welcome All India Overseas Bank Employees' Union, its leadership and all comrades for their decision of reaffiliating to NCBE

We welcome one of the founders of NCBE - All India Overseas Bank Employees' Union, its leadership and all its comrades for their decision of coming back to their home and re-affiliating to NCBE. 

Vacancies for year 2017-18 approved GM-12, DGM-49, AGM-102, CM-250, SM-1175, ScII-2929, ScI-3494, SWO-4970, Peon-1118, Guard-143

Board of the Bank in its meeting approved the vacancies for the year 2017-18 for different posts by way of internal promotions, and/or direct recruitment as under:-

TEG Scale VII (GM):         12 (10+2 Tech.)

TEG Scale VI (DGM):       49 (47+2 Tech.)

SMG Scale  V (AGM):    102 (101+1 Tech.)

SMG Scale IV (CM):      250 (243+7 Tech.)

MMG Scale III (SM):    1175 

MMG Scale II:              2929 (2838+91Tech.)

JMG Scale I:                  3494 [1163 Direct (MT 583 + Tech. 580)+2331 By Promotions]

SWO A:                        4970 (3727 Direct+ 1243 By Promotion)

Peon:                             1118 (Direct) + By Conversion of PTS/FTS (According to Govt. Guidelines i.e. 25% of the vacancies of peons)

Guard:                             143 (Direct)

Write an Article on today's banking topics and win 1st/2nd/3rd/Consolation prize of Rs.5000/Rs.4000/Rs.3000/Rs.1500

Article Writing Competition for “PNB Monthly Review”

Bank invites entries for the “Article Writing Competition 2017’. Considering the current macro-economic environment and looking into the canvas of today’s banking system, the topics for the Competition are as follows:

1. Demonetization and its overall impact
2. Banking: Trends and Challenges ahead
3. Role of the Credit Marketing in Indian Banking
4. Cyber Risk Management and its growing importance
5. Digitalization: Disruption or opportunity for Banks
6. HR Development and its role in current Business Environment
7. Bottlenecks in Resolution of Stressed Assets
 
The articles with original ideas supported adequately by facts & figures would only be considered in the above said Competition. Further, the articles should be thought provoking and not exceeding 3000 words. The outline of article must include viable solutions to tackle the issues highlighted above. The entries should be e-mailed at eicsmead@pnb.co.in and should reach us by 28th Feb’17.
 
There would be five prize winning entries and the prizes would be as under:
 First prize: Rs. 5000
 Second prize: Rs. 4000
 Third Prize: Rs. 3000
 Two Consolation prizes: Rs. 1500 (each)
 
The winners would get a certificate and a token gift amount. Further the certificate shall also be given to all the participants. The entries would be adjudged by a team comprising of three General Managers at H.O. The decision of Jury would be final and binding. The results of the Article Writing Competition would be announced through “PNB Monthly Review” and a circular would be uploaded on the Corporate Knowledge site. The winning entries would be published in the subsequent issues of “PNB Monthly Review”.

Madras High Court ruled that dismissed employee is entitled to Earned Leave Encashment benefit.

Madras High Court ruled that dismissed employee is entitled to Earned Leave Encashment benefit.

In the case of T. Veeravinothan Vs. Thanjavur District Central Cooperative Bank Ltd.& Others - W/P/(MD) No. of 1484 of 2016 (Madras High Court)

For judgement Click http://aipnbsf.org/files/Madras%20H%20C%20Judgement-%20Encashment%20of%20P%20L%20after%20Dismissal.pdf

Bank has extended the facility of 'Memento on Retirement' to employees opting for VRS under Regulation 29 of Pension Regulations

Bank has decided to extend the facility of memento of Rs.5000/- and contribution of the expenses towards organising function/farewell party for bestowing the Memento @ Rs.40/- per employee, to the employees opting for voluntary retirement from the Bank’s service under Regulation 29 of PNB (Employees’) Pension Regulations, 1995.