Discrimination in Banking Industry.

[Prasad C N]

Dear friends,

I have been bringing to notice of members of the group about discrimination in Banking Industry.  We have decided that since RBI has updated its pension, it is our absolute right for updation of pension.  Strangely, hardly anyone is bothered about discrimination within our backyard.

Some organisations and leaders from non-State Bank of India organisations fought for 50% pension in State Bank of India.  But, same leaders do not even ask for commensurate benefit.  I have come across Youtube video.  I felt it is different and good message is there.  The link is provided hereunder:

It is a story of discrimination in Public Sector Banks.  Time has come.  Employees, Officers, Retirees & Pensioners must act now. All of them should not wait.  Demand & fight for Equality.

Link : News & analysis concerning Senior Citizens, more particularly Bank Pensioners

News & analysis concerning Senior Citizens, more particularly Bank Pensi...

     

Thanks, a Million. 

With regards,

Prasad C N

[MOHAN P]

Dear Shri Prasad Ji,

Thank you for sharing the video on story of  discrimination in banking industry-PSBs /SBI  and urging the need to demand and  fight for equality.Often we close our eyes on such realities in and around us.

Regards

Mohan.P

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[Ramani Konnayar]

Dear Shri Prasad ji,

You have stated that the pensioners' organisations which have been seeking parity with RBI pensioners in the matter of updation of pension, since the past few years, have never bothered to demand parity for PSB pensioners with SBI pensioners all these years, but however, fought for 50% pension for the latter on par with the former. 

What you have stated is undisputable.

However, the fact also remains that the additional benefits for SBI pensioners were very much existing even at the time of introduction of pension scheme in PSBs but parity could not be ensured/secured at the initial stage itself. This, despite  trade unionism in PSBs being at its peak then.  Likewise, although periodic updation of pension in line with the hikes for serving employees through BPSs seems to have been initially under consideration for inclusion in BEPR, it didn't materialise and this has now led to legal battles in Courts, after the disinclination shown by UFBU in the matter.

Under these circumstances and with no bargaining power at all and with no recognition by IBA and being bound by BEPR, how can we, now, expect the retiree organisation/s to fight for parity with SBI pensioners at this stage, knowing fully well, the attempts will be futile. So, the organisation is putting its bets on an apparent loophole in the BEPR and also in comparison with RBI pensioners, to at least, secure updation of pension. Of course, success in the case in Supreme Court is not a certainty but it costs nothing to remain hopeful while, at the same time, being prepared to face disappointment too.

I am sure there would be many like me among the lakhs of pensioners, for whom securing benefits matters more than through whose efforts these are secured.

K N RAMANI 

On Wed, 13 May, 2026, 4:26 pm 'Prasad C N' via bankpensioner, <bankpe...@googlegroups.com> wrote:

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[JSOMA SHEKARA]

Mr.Prasad thank you for the message.

How do we fight for equality?

Banks are not ready to interact with pensioners and direct us to IBA.

IBA has made it clear that it will not communicate with retirees and their organizations. UFBU has not provided any platform for  retirees to contact leaders.

We are totally cut off with all these authorities.

For the last 30 years UFBU has not negotiated any issue of retirees except a second pension option with penalty. But they have created many anomalies.

At present status UFBU has no scope for any hope of negotiation by UFBU.

There are 9 unions but only two active and others only existed for subscriptions,

AIBOC collects subscriptions from employees  but only works for SBI employees and retirees. AIBOC treats long pending Pension updation as washing allowance and in BPS meetings instead of demanding immediate discussion on updation suggests appointing two actuaries and agree with M C Singla case is sub judice.

But I an surprised to see how AIBOC took ex ordinary interest in securig 40:50 pension issue by preparing 2 page representation and personally meeting concerned officials to request implementation.

SBI got some extra benefits because of special interest taken by AIBOCand responsive chairman and preferential treatment of SBI by DFS. Though 40:50 issue and 100% DA both cleared by the committee and approved by DFS. SBI unions fighting for only 40:50 pension from back date and not 100% DA. and updation.

Other union AIBEA even before the start of war declared defeat  claiming no funds and sidelined isuse. IBA even refused to increase a small amount of ex gratia , clearly indicating that UFBU has abandoned pensioners.

In Case of RBI,  management recommended updation and DFS  had kept it pending.Employees unions as well as retirees associations jointly launched

struggle and also simultaneously had dialogues with DFS through some sources and achieved updation.

Neither we have backing of Mangement, Negotiator or Unions or DFS.

Retiree associations have no power to negotiate.

Except approaching courts there is no other platform to fight.

Pensioners are already  above 70 and cannot wait for a verdict which may come after death.

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[Satyanarayana Rao]

Time and again it is expressed that we r demanding pension updation because RBI pension regulations got pension updation.
No. it is not.
We r entitled for pension updation as our fundamental right.
We r not taken care by UFBU as being taken care by RBI unions and achieved pension improvement/updation.
As the pension updation case is  waiting for final verdict which is detailed on account of series of adjournments we r little bit irritated to bear the delay in getting justice.

We r not against any organisation if they get 50  percent pension in SBI for SBI retirees.
It is a matter of concern that the UFBU betrayed the veterans and failed to fight for pension updation for the last 30 years.
This financial loss to PSB pensioners is enormous and many have left this world while fighting the case.
Is it not injustice perpetually forced on pensioners by the leadership of UFBU and DFS and IBA nexus?
Why we should blame other unions who achieved pension improvement in SBI.
We should congratulate their unions.

Yahoo Mail: Search, organise, conquer

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[Ramakrishnan S]

Well said!

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[SBMPC Blore]

Dear Shri Ramaniji,

A wrong notion has been created by SBI Pensioners and some other organisations.  Chairman of State Bank of India who was also the chairman of Associate Banks and Managing Directors of Associate Banks who were Deputy Managing Directors of State Bank of India were getting lesser pension than Scale I Officer of State Bank of Mysore at the time of introduction of pension.  As I always say, we go by speeches of some leaders, but not even willing to ask questions like you have asked.  For many what leaders say is the gospel truth.

Thanking you,

With regards,

C.N.Prasad

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