UFBU Protest, PLI Dispute in PSBs, Loan Fraud Case & RRB Issues | Weekly Round-up
The PLI dispute in public sector banks remained at the center this week, as UFBU strongly opposed recent directives, warned of protests, and called for collective action. The government’s approval of PLI for SBI whole-time directors added a new dimension to the ongoing debate, while bank officers also raised concerns regarding pension security under the NPS framework.
Meanwhile, a timeline released by SBI on an officer’s disciplinary case sparked controversy, with allegations of missing details, and a ₹21 crore loan fraud at Central Bank of India raised concerns over internal oversight. At the policy level, IDBI Bank’s stake sale via the OFS route and developments in Regional Rural Banks, including staffing issues and post-amalgamation updates, also remained in focus.
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