Business Standard

Pvt banks should participate in inclusive banking: AIBOC

Related News

The All India Bank Officers' Confederation (AIBOC) has demanded that all including the new generation and need to participate in the process.

It also called for upgradation of pension as and when salary revision takes place, medical facilities to the pensioners as in the case of chairman and managing directors (CMDs), provision of five-day week for the and regulated working hours for the bank officers.

Addressing media persons here, G D Nadaf, general secretary, said, “Presently, the working hours of bank officers are not regulated. We demand that their duty hours should be specified. Our confederation is opposed to mergers and acquisition in the banking industry and we demand more number of branches of and also a commensurate addition in manpower.”

The two-day business session of AIBOC began on January 30.

The conference is expected to be attended by over 1500 delegates and observers from all over the country.

The General Council of AIBOC will deliberate on the issues confronting the labour movement, threat to trade union rights and de-unionization.

The AIBOC has alleged that continuous efforts are being made to dilute measures as part of the globalization process of the economy and attacks are mounted on the trade unions in order to create a trade union free environment and throttle the voice of the workers.

Read more on:   
|
|
|
|
|
|
|
|

Pvt banks should participate in inclusive banking: AIBOC

The All India Bank Officers' Confederation (AIBOC) has demanded that all banks including the new generation private sector banks and foreign banks need to participate in the inclusive banking process.

The All India Bank Officers\' Confederation (AIBOC) has demanded that all banks including the new generation private sector banks and foreign banks need to participate in the inclusive banking process.

It also called for upgradation of pension as and when salary revision takes place, medical facilities to the pensioners as in the case of chairman and managing directors (CMDs), provision of five-day week for the banking industry and regulated working hours for the bank officers.

Addressing media persons here, G D Nadaf, general secretary, AIBOC said, “Presently, the working hours of bank officers are not regulated. We demand that their duty hours should be specified. Our confederation is opposed to mergers and acquisition in the banking industry and we demand more number of branches of public sector banks and also a commensurate addition in manpower.”

The two-day business session of AIBOC began on January 30.

The conference is expected to be attended by over 1500 delegates and observers from all over the country.

The General Council of AIBOC will deliberate on the issues confronting the labour movement, threat to trade union rights and de-unionization.

The AIBOC has alleged that continuous efforts are being made to dilute labour welfare measures as part of the globalization process of the economy and attacks are mounted on the trade unions in order to create a trade union free environment and throttle the voice of the workers.

image

Read More

Vijaya Bank cuts base rate by 0.25 pc

Vijaya Bank today cut its base rate by 0.25% to 10.20% with immediate effect.

Recommended for you

Quick Links

More news from Finance Rss icon

Life insurance sector may end year with new premium growth

LIC, the largest player, has seen a 40% growth in March 2015 in new premium compared to February 2015

No IPO plan from general insurance firms

Poor valuations, problems in claim ratios, staff opposition for state-run units among issues to be addressed

Poor investment flows to hurt United Bank's credit growth

The bank would also raise additional tier I capital to support its renewed lending activity

Back to Top