AIBEA & AIBOA : Joint Massive Signature Campaign SAVE BANKING INDUSTRY – JOINT SIGNATURE CAMPAIGN – TARGET ONE CRORE ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.1/VII/2018 January 8, 2018 To: ALL UNITS / STATE COMMITTEES Comrades, SAVE … [Read more...]
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Fraud in Linkage of Aadhaar with Bank Accounts and SIM Cards : Rajya Sabha
Fraud in Linkage of Aadhaar with Bank Accounts and SIM Cards : Rajya Sabha GOVERNMENT OF INDIA MINISTRY OF FINANCE RAJYA SABHA QUESTION NO 158 ANSWERED ON 02.01.2018 Fraud in linkage of Aadhaar with bank accounts and SIM cards 158 Shri Husain … [Read more...]
Aadhaar Seeding with Bank Accounts
Aadhaar seeding with bank accounts As per notifications dated 1.6.2017 and 13.12.2017 by Department of Revenue, amendments have been effected to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 to provide that account-holders … [Read more...]
Slow Credit Growth may Delay Revival of Economy: Reserve Bank of India
Slow Credit Growth may Delay Revival of Economy: Reserve Bank of India The Reserve Bank of India (RBI) warned against potential further downside risk for banks as asset quality concerns are far from resolved, adding that deleveraging in the heavily … [Read more...]
Rs 6,000-crore Equity held Back from Laggard State-Run Banks
Rs 6,000-crore equity held back from laggard state-run banks The Centre did not release around Rs 6,500 crore to 13 public sector banks (PSBs) in 2016-17 under the Indradhanush plan as none of the banks met the performance standards. “The … [Read more...]
RBI may be Holding back Rs 2k Notes: SBI Report
RBI may be Holding back Rs 2k Notes: SBI Report The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report. Juxtaposing the data presented in the … [Read more...]
Writes to Finance Minister(Arun Jaitley) Regarding Gratuity Ceiling – UFBU
UFBU writes to Finance Minister regarding Gratuity Ceiling UNITED FORUM OF BANK UNIONS (AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO) C/o, state Bank of India, LHO, Plot No-I, sector-17A. chandigarh – 160 017 Phone (office) : … [Read more...]
Bonus for Bank Employees – Guidelines and Illustrations
Bonus for Bank Employees – Guidelines and Illustrations Important guidelines and illustrations are given in Annexure-I, II and III Annexure-I 1. Bonus is payable to those employees whose salary does not exceed Rs.21,000/- per month. In other … [Read more...]
UFBU Meeting was Held in Mumbai in 13-11-2017 – AIBEA Circular
UFBU MEETING HELD ON 13.11.2017 – AIBEA Circular UFBU MEETING HELD ON 13-11-2017 UFBU meeting was held in Mumbai in AIBEA Office on 13-11-2017. Com.K.K. Nair, Chairman of UFBU presided over the meeting. 1.Increasing attacks on banking sector: The … [Read more...]
Addendum to SB Order No. 15 / 2017 | Latest Orders 7.12.2017
Addendum to SB Order No. 15 / 2017 : Mandatory use of Savings Account for credit of maturity/premarure value Addendum to SB Order No. 15 / 2017 : Mandatory use of Savings Account for credit of maturity/premarure value, monthly/quartedy/yearly … [Read more...]
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