Re: Digest for bankpensioner@googlegroups.com - 9 updates in 4 topics

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vaidya nathan

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Dec 30, 2025, 11:21:07 PM (2 days ago) 12/30/25
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Soma sekar Sir

Longtime back Court had asked Retirees assn to meet Unions and IBA to talk on this subject. If our Retirees Assn have taken any step of sending such letters mails to UFBU and IBA , in absence to DFS and Finance Ministry  and get No reply from them, they can verywell produce all the Evidences and issue Court Notice to the concerned for a Meeting.  When we are Not Sure and very much in Doubt about Approval of Updation, we can go to any extent of making  them realise about our Concern over the subject.  Our silence is Confusing and Disturbing.  We fail to take sincere efforts, crying over Spoilt milk have No result.
VAIDYANATHAN 

On Mon, Dec 29, 2025, 5:56 PM vaidya nathan <vvn.m...@gmail.com> wrote:
K.N.RAMANI Sir

Banks are reluctant to pay even a paise more to Retirees since it is unproductive. Banks are Also thinking that Recruiting more Staff are Equally Unproductive since More and more works are Mechanised, or core banked. Like Cash Withdrawal, deposit, passbook printing,  transfer of funds, even Deposit account opening, UPI, . What else is left over  in Banking ,may be explained. Instead of entrusting Insurance,  Mutual fund,  etc, let them concentrate on recovering  Wilful Default and NPA.

VAIDYANATHAN 

On Mon, Dec 29, 2025, 5:25 PM <bankpe...@googlegroups.com> wrote:
vaidya nathan <vvn.m...@gmail.com>: Dec 26 05:59PM +0530

Exgratia Increase.
 
Instead of asking for Exgratia payment amount the RTI or updation, we can
volunteer for IBA and UFBU to increase Exgratia by 1000 rs and can pay DA
for the total Exgratia amount also in future in lieu of Updation. This
will improve to a greater extend pensioners financial strain. Better try
alternate options rather than fighting with. Even Govts throughout World
are Run like this.
 
Ramani Konnayar <knra...@gmail.com>: Dec 29 02:23PM +0530

IBA will never agree to give DA on ex-gratia as the cost will be much more
than even the cost of updation based on the lines of RBI pensioners'
updation.
 
To elucidate, I belong to the 6th BPS group and am getting an ex-gratia of
₹4400 p.m. The present rate of DA for this group is 729.08%. So, if the
ex-gratia is hiked to ₹5400, the DA on it will work out to ₹39370. And the
total increase in my pension will come to more than 90%.
 
K N RAMANI
 
 
Narendra Khutate <n25...@gmail.com>: Dec 26 04:40PM +0530

Pension Regulation 56 satisfy all your queries.
 
There was no updation clause in CCS72 PENSION REGULATIONS hence it can non
be in Bank pension Regulation 93.
 
Please stress on Regulation 56 only.
 
On Fri, 26 Dec 2025, 16:36 Kalyanasundaram Subramaniam, <1952...@gmail.com>
wrote:
 
Niranjan Cn <niran...@gmail.com>: Dec 26 04:51PM +0530

Sirs,
 
Both the points, IBA replied like that because the petitions have submitted
that there is provision in Pension Regulations and Banks have to update and
further petitioners argued that there sufficient funds are available in
Pension Funds to absorb updation load - for this IBA submitted to SC that
it will cost hugely to the Banks. We can understand for family pension
updation, the cost was around 20k crores, corresponding amount for
regular pension updation naturally costs more. Both, we cannot
dispute/argue.
 
Basic question whether the updation is a legal issue ?? Can Court order
this formula to be adopted for updation (if so as per which rule/law) ??
Further we may recall the family pension revision 100% DA, pension option
to resignees have come without any court order, corresponding Regulations
or proving availability of Funds. We shall get better pension in similar
way.
 
Niranjan
 
On Fri, Dec 26, 2025 at 4:36 PM JSOMA SHEKARA <jsomase...@gmail.com>
wrote:
 
Ramani Konnayar <knra...@gmail.com>: Dec 26 06:06PM +0530

It was mentioned in the minutes of the joint meeting between IBA and UFBU
communicated by UFBU that it was decided to continue the same amount of
ex-gratia for one more year. We don't
know, if, actually, any review was made prior to or during the meeting with
relevant details.
 
In fact, we don't even know whether ex-gratia is paid out of Pension Funds
or
directly debited to P&L account such as Staff Welfare Expenses such as
Medical Reimbursement, etc. to circumvent AS-15 norms.
 
One thing is clear. Banks are reluctant to spend much on pensioners over
and above pension, perhaps because they
feel the expenses are of unproductive
nature.
 
K N RAMANI
 
On Fri, 26 Dec, 2025, 4:36 pm Kalyanasundaram Subramaniam, <
JSOMA SHEKARA <jsomase...@gmail.com>: Dec 29 11:08AM +0530

Mr.Niranjan
What you have explained is very much true.
For filing a court case there should be Cause of action. That if IBA and
UFBU had discussed Updation issue and talks have failed then the cause of
action arises.
So far there is no evidence of UFBU placing specific demand for Updation
before IBA and no discussion was held and there is no official record of
iBA rejecting Updation. IBA in BPS is avoiding discussing the issue citing
sub judice. Any management will not grant any benefit unless there is
consistent and strong demand by Unions. Unions have treated updation as
Misc matters. Hon High court judge also rejected the updation
prayer observing petitioners should have negotiated with the
management instead of coming to court. Issues like no provision in pension
regulations and cost can be negotiated with Management by Unions. Unions
can negotiate an updation scheme in which at least pensioners get double
the Ex gratia amount if not as per RBI updation scheme. The ball is in UFBU
court.But they are not interested in it.
Retiree associations are hand in glove with unions in purposefully stalling
updation by filing updation case without any legal ground and basing
arguments on Reg35/1 and Pension funds which previous courts have rejected.
AIBOA is confident of winning the updation case in High court but unable to
convince Mangement.
Is there any one among 750000 pensioners who dares to convince UFBU to take
up the updation issue on priority basis? Unti then Updation will remain as
a dream.
 
 
RAMANI NV <ramani...@gmail.com>: Dec 26 04:56PM +0530

---------- Forwarded message ---------
From: RAMANI NV <ramani...@gmail.com>
Date: Fri, Dec 26, 2025 at 4:01 PM
Subject: PSU banks are quietly eating private banks’ lunch? Motilal Oswal
says HDFC Bank, ICICI Bank, SBI and AU Bank matter most - The Economic Times
To: RAMANI NV <ramani...@gmail.com>
 
 
PSU banks are quietly eating private banks’ lunch? Motilal Oswal says HDFC
Bank, ICICI Bank, SBI and AU Bank matter most - The Economic Times
https://share.google/CD92afP3ilPI3m2EY
MOHAN P <moha...@gmail.com>: Dec 29 08:16AM +0530

Dear Friends,
 
I had earlier forwarded a message here circulating elsewhere in media just
for Information of members.
 
Now our friend Mr Niranjan has provided the real facts behind the issue in
detail for better understanding of members.
 
Please go through the same:
Kalyanasundaram Subramaniam <1952...@gmail.com>: Dec 28 07:08PM -0800

Nice presentation by Mr Niranjan. Congrads.
 
S Kalyanasundaram
 
On Monday, December 29, 2025 at 8:16:30 AM UTC+5:30 MOHAN P wrote:
 
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vaidya nathan

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Dec 30, 2025, 11:21:07 PM (2 days ago) 12/30/25
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