- MERGER OF PSBs TO MAKE 'MEGA BANKS' - 2 Updates
- SBIPA MEET CHAIRMAN,SBI - 2 Updates
- AIBEA TO MR D S MURTHY - 1 Update
- WP (C) 36636/2025 ON GST POSTED TO 8th DEC'25 - 1 Update
Murali <muralidharan...@gmail.com>: Oct 15 06:57PM +0530
Thanks for the informative email. While consolidation of the smaller among
PSBs is quite welcome, what does the Government intend to achieve by this
exercise?
1. Greater efficiency in terms of stronger and uniform systems and
procedures, supervision and control and better operational synergies are
all mythical if the outcome of past mergers are anything to go by.
It made the merged entities top heavy and gave rise to asymmetrical branch
networks post merger.
Confusion, discontentment at operational levels due to turf wars
percolating top down.
2. What is the purpose of creating mega entities if the BOD of merged banks
are not entrusted with functional autonomy? Staff matters euphimistically
known by the acronym HRD are managed from DFS, GoI. Be it leave rules,
transfers, promotions, incentives for performance, fixation of pay scales,
rewards and punishment - name one aspect of staff management where the Bank
boards are free to act independently?
In conclusion, when you create mega banks, SBI, PNB, Canara, Union and
Indian Bank are already in the list, empower them to handle the details and
trust the RBI to do financial supervision ( even supervision is becoming a
dirty word, Bank boards are not kindergarten kids, management is more apt)
best - they surely know their job better than any career government
servant.
As for staff matters, Finance Ministry - please exit completely. Your
breathing down the necks of career bankers has throttled them beyond
redemption already.
On Wed, 15 Oct, 2025, 10:03 KRISHAN KANT VERMA, <kkverm...@gmail.com>
wrote:
JSOMA SHEKARA <jsomase...@gmail.com>: Oct 16 11:57AM +0530
As retirees we have no voice or platform to resist mergers of Banks. We are
unable to raise our voice against non implementation of DA merger and other
demands. There is no use in scratching our heads over such issues which we
cannot resist or stop. Employees Unions have their own agenda. They will
make some noise when the govt announces some reforms then keep quiet.
Mergers of Banks are policies of the Central Government and they do not
wait for approval of Unions. Customers do not have any problem if Bank A
becomes Bank B. They want good service that is all. As of now these are
just rumours,
On Thu, Oct 16, 2025 at 10:13 AM Murali <muralidharan...@gmail.com>
wrote:
MOHAN P <moha...@gmail.com>: Oct 16 03:09PM +0530
*Just for Information:*
*FEDERATION OF SBI PENSIONERS' ASSOCIATIONS*
Regn. No. S/17025 of 1986 Under Societies Registration Act 1860 (Delhi)
ADMINISTRATIVE OFFICE, BENGALURU
65, 3BI LHO Buildings. St. Mark's Road, Bangalore - 560001 Email:
fsh...@gmail.com
*MEETING WITH CHAIRMAN*
Circular No.9/2025
15th October 2025
FSBIPAS Office-bearers S/Shri N. Radhakrishnan, President, G.D. Nadaf,
General Secretary, Joseph Palackal, Vice-President and Sudhir Pawar.
Secretary met honourable and respected Chairman, Shri Challa Srinivasulu
Setty at his Office at Corporate Centre, Mumbai today (i.e., 15.10.2025).
The DMD HR and CDO, CGM HR, and DGM P & PM were also present
2. Shri G D Nadaf, General Secretary appealed for kind intervention of our
beloved Chairman regarding amendments to SBI Family Pension Rules on the
lines of Central Civil Services Pension Rules more particularly to add
improvements done for Central Govt CCS(Pension) Rules 1972 as regards
Family Pension to the unfortunate disabled children of pensioners. We have
given our suggestions also.
3. He also said that the Federation has submitted its suggestions on
improvements in the Health Insurance Scheme due for renewal. Shri Nadaf
requested for making the scheme viable for all categories of Pensioners.
4. Shri Nadaf, quoting the past combined effort in the Jodhpur conclave of
Management, Officers' Federation and Staff Federation during December 2006.
towards the growth of the Bank, assured that FSBIPA will always be ready to
associate with the Bank in all its endeavours towards retaining mighty SBI
its Premier position in the Banking industry.
5. Our beloved Chairman responded very positively and termed the Pensioners
as the Brand Ambassadors of the Bank supporting all schemes and plans.
6. Respected Chairman also hinted on various HR initiatives, which are in
the pipeline, connecting the life-cycle of the employee i.e., before/
during employment and even after retirement and expressed that this
project, the first of its kind in the entire country, would be implemented
at the earliest possible time.
7. While we reiterate our total support to the Bank in all its initiatives
aiming comfortable environment to all employees/ retired employees, we
wholeheartedly thank our respected Chairman for allocating his precious
time for interaction with us, despite his hectic schedule.
With Deepavali greetings,
G.D. NADAF
General Secretary
JSOMA SHEKARA <jsomase...@gmail.com>: Oct 16 03:21PM +0530
The issues discussed will not help PSU Bank pensioners. SBI retirees not
interested in Updation. Their focus was on restoring pension which they
have achieved and now they are pursuing the case further for arrears.
MOHAN P <moha...@gmail.com>: Oct 16 02:49PM +0530
MOHAN P <moha...@gmail.com>: Oct 16 10:26AM +0530
One more order from Kerala High Court on GST
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