SLP 5561/2016 LATE M.C.SINGLA V/S UNION OF INDIA ON UPDATION OF PENSION.

[mohan p]

For Information:

The case No.SLP 5561/2016 filed by late M C Singla & Ors v/s Union of India & Ors before Apex Court on updation of pension is :

Tentatively case may be listed on (likely to be listed on)

01-03-2024 (Computer Generated)

[JSOMA SHEKARA]

SBI Ex-Chairman says Bank Employees get so less salary that they can’t even purchase home

In a podcast interview, former SBI Chairman Rajnish Kumar said that he received Rs.28 lac as Chairman of SBI. This salary is very less when compared to the salary recived by private sector banks MDs and CEOs.

The CEOs of private banks received approximate salary of Rs.10 crore per year while the Chairman of India’s largest Public Sector Bank recieved salary of Rs.28 lacs per year.

Mr. Rajnish Kumar said that not only the salary but the pension is also very less. He gets around Rs.1 lac as pension and it is very difficult to afford the lifestyle that he is used to while being the Chairman of SBI.

It is so less that it’s not possible to purchase home with this much pension amount. He also said that the employees in private sector earn a lot of money and can even earn in crores while working for only one hour.

He said that the amont of pressure in banking is severe and is increasing day by day but the salary is very less. He said that he got a lot of allowances while being Chairman of SBI such as grand bungalow in Malabar Hills, Car worth Rs.30/40 lacs and many more.

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[kds nair]

Where is Mr Rajnish Kumar now?After retirement,he joined in Reliance with high perks.A good house in a decent locality of Mumbai costs more than 20 crores .How an ordinary bank retiree can purchase such a facility?What for Rajnish Kumar is brought into our chats?

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[Anantharaman Tg]

It seems now the ex-SBI Chief realise the facts!

There is a saying that one knows the pain only 

when he too gets it!

 

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[Satyanarayana Rao]

Let us not hurt a person who is retired .

He got what he deserved after retirement on account of his knowledge and wisdom. 

He was made to apologise in contempt case during his chairmanship of SBI.

Let  him be happy with what he is enjoying with lots of responsibilities in private sector job. 

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[JSOMA SHEKARA]

If one lakh pension is too less for him what about lakhs of pre 2002 pensioners whose basic pension was not revised for last 20 years and are receiving pension between 10000 to  30000 until recently before sanction of 100% DA. Now he is comparing his pension with private Banks and other govt employees. All negotiating members of IBA have the same mentality. They do not have concern for retirees while in service. In course of their performing duty they will have good connections with big corporates and after retirement they will get the opportunity to serve in big firms and enjoy high quality life.

Is there anybody to care for pensioners?

While in service it is well known how he treated pensioners without implementing court orders properly and  made thousands of pensioners running to court for justice and even faced contempt of court,

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[RANGARAJAN M R]

For Information:

The case No.SLP 5561/2016 filed by late M C Singla & Ors v/s Union of India & Ors before Apex Court on updation of pension is :

Tentatively case may be listed on (likely to be listed on)

Tentatively case may be listed on (likely to be listed on)

13-02-2024 (Computer generated)

M.R.RANGARAJAN

MYSURU