BOIOO Seeks One Time Old Pension Option for Pre 2010 Bank of India Recruits The Bank of India Officers’ Organisation (BOIOO) has urged the Indian Banks’ Association to grant a one time option for Bank of India employees recruited before 1 April 2010 to join the Old Pension Scheme. The request follows conciliation proceedings, references and recent government orders on pension eligibility. Read More: https://thekanal.in/en-IN/details/boioo-seeks-one-time-old-pension-option-for-pre-2010-bank-of-india-recruits-37501 #banking

RRB Reform Push Gains Ground After Officers’ Biennial Conference in Guwahati The All India Regional Rural Bank Employees Association (AIRRBEA) renewed its demand for a uniform administrative structure and standardised designations to strengthen RRB autonomy, while the Assam Gramin Vikash Bank Officers’ Association discussed organisational and service issues at its biennial conference in Guwahati. Subscribe Channel and Watch More: https://youtube.com/shorts/oPZwVuUSGLQ?si=4QawVrG3h-kPha_C #banking

Perquisite Tax: Karnataka Grameena Bank to Bear Staff Loan Tax for FY 2025–26 Karnataka Grameena Bank has decided to bear 100 per cent of the tax liability on concessional and interest free staff loans or the perquisite tax for the financial year 2025–26 as part of its employee welfare measures. The move comes during the final quarter of the financial year, with the Bank focusing on improving deposits, advances, CASA mobilisation and recovery of non performing assets. Read More: https://thekanal.in/en-IN/details/perquisite-tax-karnataka-grameena-bank-to-bear-staff-loan-tax-for-fy-202526-42804 #banking

‘Withdraw Contributory Pension Scheme, Restore Old Pension Scheme’ Pension is a social security benefit that helps employees maintain a similar standard of living after retirement. The Old Defined Pension scheme should be restored without treating pension merely as an investment scheme. Read More: https://thekanal.in/en-IN/details/withdraw-contributory-pension-scheme-restore-old-pension-scheme-96662 # #banking

Bharatiya Mazdoor Sangh Pushes 5-Day Banking in Nationwide Protest The Bharatiya Mazdoor Sangh (BMS) has launched a nationwide agitation raising key labour issues, including the long-pending demand for a five-day banking week. Protests include black badges, rallies, and memorandums to the government, signalling growing pressure for banking reforms and worker rights. Subscribe Channel and Watch More: https://youtube.com/shorts/AATlozLcW0Q?si=QxPOB-s3r3dHu15 #banking

BMS Nationwide Protest Day: Bank Officers Join Demonstrations, Submit Memorandum Highlighting 5 Days Banking Week Demand Bharatiya Mazdoor Sangh (BMS) observed Nationwide Protest Day, with Bank of India Officers Organisation (BOIOO) participating in demonstrations at different district headquarters. The demand for implementation of 5 days banking week was among the key issues raised. Read More: https://thekanal.in/en-IN/details/bms-nationwide-protest-day-bank-officers-join-demonstrations-submit-memorandum-highlighting-5-days-banking-week-demand-52925 #banking

Punch, the Plush Toy, and the Cry for Dignity: Why the Struggle of Indian Overseas Bank Officers Must Be Heard A story of a rejected baby monkey named Punch touched millions across the world. Sreenath Induchoodan, General Secretary of Union Bank Officers' Association Kerala State (UBOAKS/AIBOC) writes, it mirrors the growing concerns of officers working in Indian Overseas Bank and their struggle for dignity, safety, and humane working conditions. Read More: https://thekanal.in/en-IN/details/punch-the-plush-toy-and-the-cry-for-dignity-why-the-struggle-of-indian-overseas-bank-officers-must-be-heard-53302 #banking

Centre Has No Roadmap for Merger of Public Sector Banks, Says FM Sitharaman India’s Finance Minister has clarified that the government currently has no roadmap for merging public sector banks. A newly proposed high-level committee will study the banking sector. The focus will be on comprehensive review rather than immediate consolidation. Read More: https://thekanal.in/en-IN/details/centre-has-no-roadmap-for-merger-of-public-sector-banks-says-fm-sitharaman-27003 # #banking

AIBOUSA Seeks Withdrawal of Transfer Orders of Six Sambalpur Officers, Flags Alleged Misconduct by Regional Head The All India Union Bank Officers’ Staff Association (AIBOUSA) has written to the MD & CEO of Union Bank of India seeking withdrawal of transfer orders issued to six officers of Sambalpur Region. The association has also urged action based on an inquiry report into alleged misconduct by the Regional Head. Read More: https://thekanal.in/en-IN/details/aibousa-seeks-withdrawal-of-transfer-orders-of-six-sambalpur-officers-flags-alleged-misconduct-by-regional-head-56324 #banking

IDBI Officers Meet MPs, Privatisation Debate Intensifies Concerns over the proposed privatisation of IDBI Bank intensified as MP John Brittas raised foreign ownership issues, while bank officers met MPs and earlier protested at Jantar Mantar, signalling growing political and employee resistance. Subscribe Channel and Watch More: https://youtube.com/shorts/LBQ--12laj0?si=Vz05gDY8pMMXOUGK #banking