Bankjob

Indian Overseas Bank RTI Reply on IBA Membership Fees and Internal Policies Sparks Transparency Discussion Indian Overseas Bank RTI denies information regarding its payments and policies related to Indian Banks’ Association (IBA), highlights limitations on disclosure. The response cites the internal and confidential nature of requested information. Read More: https://thekanal.in/en-IN/details/indian-overseas-bank-rti-reply-on-iba-membership-fees-and-internal-policies-sparks-transparency-discussion-12402 #banking

Central Bank of India Deny Details on Annual Membership Fees and Expenditure Central Bank of India responds to RTI query seeking details on annual membership fees and related expenditures. Clarifies non-disclosure citing commercial confidence under RTI Act 2005. Read More: https://thekanal.in/en-IN/details/central-bank-of-india-deny-details-on-annual-membership-fees-and-expenditure-54642 #banking

AIBOBOU Questions HR Excellence Award to Bank of Baroda All India Bank of Baroda Officers’ Union (AIBOBOU) has questioned the HR Excellence Award given to Bank of Baroda by the Confederation of Indian Industry, seeking transparency in the evaluation process and criteria. Read More: https://thekanal.in/en-IN/details/aibobou-questions-hr-excellence-award-to-bank-of-baroda-79290 #banking

Govt Directs PSBs to Complete 13th BPS Wage Revision Within 12 Months The Ministry of Finance has advised Public Sector Banks (PSBs) to initiate and conclude the 13th Bipartite Settlement (BPS) wage revision negotiations within a fixed 12-month timeline. The move aims to ensure timely implementation of the next wage settlement, scheduled to come into effect from November 2027. Read More: https://thekanal.in/en-IN/details/govt-directs-psbs-to-complete-13th-bps-wage-revision-within-12-months-73455 #banking

Indian Bank Responds to RTI Query on Payments to IBA Indian Bank stated in its RTI reply that most details sought on payments to the Indian Banks’ Association were not specific enough to qualify as “information” under the RTI Act, 2005, and therefore were not provided. Read More: https://thekanal.in/en-IN/details/indian-bank-responds-to-rti-query-on-payments-to-iba-32776 #banking

5 Promotions Against 100+ Vacancies? Odisha Grameen Bank Promotion Data Raises Questions on RRB Parity Concerns raised over promotion numbers in Odisha Grameen Bank. Disparities with other RRBs spark discussion on transparency and uniformity. Read More:https://thekanal.in/en-IN/details/5-promotions-against-100-vacancies-odisha-grameen-bank-promotion-data-raises-questions-on-rrb-parity-91742 #banking

AIBOC Intensifies Protest for 5-Day Work Week and Against DFS-Imposed PLI Formula The All India Bank Officers’ Confederation (AIBOC) has reiterated its demand for a 5-day work week. It has also announced intensified protest programmes against the DFS-imposed PLI formula. Read More: https://thekanal.in/en-IN/details/aiboc-intensifies-protest-for-5-day-work-week-and-against-dfs-imposed-pli-formula-77827 #banking

UFBU Strike Plans, Hiring Issues, Fraud Allegations & RRB Updates | Weekly Round up This week saw multiple developments across public sector banks, including concerns over hiring delays, governance issues following fraud allegations, and employee-related challenges such as promotion transparency and staff deployment. Union activity gainer momentum with possible strike actions and discussions around key demands like a five-day banking system, PLI and pension-related matters. At the same time, performance indicators across banks highlighted growth trends and asset quality comparisons between private and PSU banks. Developments in cyber fraud awareness and regulatory measures also remained in focus. In the RRB sector, policy-level discussions, staff-related concerns, and expansion initiatives continued alongside ongoing debates on amalgamation impact. https://youtu.be/md7divES9GQ?si=qj2_qXxwLY-C6H7Z #banking

Why RRBs Need Currency Chests for Seamless Customer Service? Regional Rural Bank employees seek RBI currency chests to ensure seamless service, experts say customers must not face discrimination vis-à-vis PSBs. Read More: https://thekanal.in/en-IN/details/why-rrbs-need-currency-chests-for-seamless-customer-service-29706 #banking

Pension Denial Issue Raised by Retired RRB Staff in Bihar Gramin Bank Retired RRB staff raise concerns over pension denial. Representation submitted to Bihar Gramin Bank authorities. The issue highlights eligibility criteria and interpretation of pension rules in the RRB sector. Read More: https://thekanal.in/en-IN/details/pension-denial-issue-raised-by-retired-rrb-staff-in-bihar-gramin-bank-60206 #banking