Re: CLC mtng & Others
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Dilip M Banerjee
Jan 26, 2017, 10:44:44 PM1/26/17
to bankpe...@googlegroups.com
If any news/update is there regarding..clc meeting scheduled for 24th at mumbai regarding 100% da for pre.2002 retirees &
Case listed for hearing @:supreme court on 25th for the same issue, please share the information.
D.M.Banerjee
Retiree, Vijaya Bank
On Jan 25, 2017 4:41 PM, <bankpe...@googlegroups.com> wrote:
- ASSURED MONTHLY RETURN OF 8% PA FOR SENIOR CITIZENS - 5 Updates
- Fw: Help Bank Retirees- KLRao, Amnesty International Member,London Camp@California - 1 Update
- BANK EMPLOYEES TO STRIKE WORK ON FEB 7 - 2 Updates
- KOLKATTA HIGH COURT DIVISION BENCH JUDGEMENT ON 100% DA -REVIEW PETITION - 1 Update
- 100% DA CASE BEFORE SC - LISTED FOR 11th JAN' 17. - 1 Update
- Growing NPA - 1 Update
PM <moha...@gmail.com>: Jan 24 05:48AM -0800
For Information:
*Dear Friends,*
* You may recall the address
made our Prime Minister, on the eve of New Year 2017,where there was a
mention on initiating a scheme for senior citizens, for getting 8% fixed
interest monthly for a period of ten years,on deposits up to Rs 7.5 lakhs,
to save them from reduced interest rates from banks.
To day Cabinet has cleared the scheme which comes under
VPBY-2017.( Earlier LIC has introduced similar scheme with higher interest
rates in which some of you might have been drawing higher rate of interest
now)*
*Varishtha Pension Bima Yojana - 2017*
The Union Cabinet chaired by the Prime
Minister Shri Narendra Modi has given its post-facto approval for launching
of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of
Government’s commitment for financial inclusion and social security.
The scheme will be implemented through Life
Insurance Corporation of India (LIC) during the current financial year to
provide social security during old age and protect elderly persons aged 60
years and above against a future fall in their interest income due to
uncertain market conditions. The scheme will provide an assured pension
based on a guaranteed rate of return of 8% per annum for ten years, with
an option to opt for pension on a monthly / quarterly / half yearly and
annual basis. The differential return, i.e., the difference between the
return generated by LIC and the assured return of 8% per annum would be
borne by Government of India as subsidy on an annual basis.
VPBY-2017 is proposed to be open for
subscription for a period of one year from the date of launch.
-Cabinet 24th Jan'17
"cpvnair" <cpvnai...@gmail.com>: Jan 25 06:27AM +0530
A blow on the cheek of the banking industry.Now a major portion of dep of senior citizens will flow to LIC as int rates are to fall soon…
Warm reg
CPVNAIR
From: bankpe...@googlegroups.com [mailto:bankpensioner@googlegroups.com] On Behalf Of PM
Sent: Tuesday, January 24, 2017 7:19 PM
To: bankpensioner
Subject: bankpensioner ASSURED MONTHLY RETURN OF 8% PA FOR SENIOR CITIZENS
For Information:
Dear Friends,
You may recall the address made our Prime Minister, on the eve of New Year 2017,where there was a mention on initiating a scheme for senior citizens, for getting 8% fixed interest monthly for a period of ten years,on deposits up to Rs 7.5 lakhs, to save them from reduced interest rates from banks. To day Cabinet has cleared the scheme which comes under VPBY-2017.( Earlier LIC has introduced similar scheme with higher interest rates in which some of you might have been drawing higher rate of interest now)
Varishtha Pension Bima Yojana - 2017
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its post-facto approval for launching of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of Government’s commitment for financial inclusion and social security.
The scheme will be implemented through Life Insurance Corporation of India (LIC) during the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme will provide an assured pension based on a guaranteed rate of return of 8% per annum for ten years, with an option to opt for pension on a monthly / quarterly / half yearly and annual basis. The differential return, i.e., the difference between the return generated by LIC and the assured return of 8% per annum would be borne by Government of India as subsidy on an annual basis.
VPBY-2017 is proposed to be open for subscription for a period of one year from the date of launch.
-Cabinet 24th Jan'17
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Satyanarayana Rao <karna...@yahoo.co.in>: Jan 25 03:47AM
PL clarify whether it applies to bank deposit for 10 years @ 8℅ interest?
Sent from Yahoo Mail on Android
On Tue, Jan 24, 2017 at 19:18, PM<moha...@gmail.com> wrote: For Information:
Dear Friends, You may recall the address made our Prime Minister, on the eve of New Year 2017,where there was a mention on initiating a scheme for senior citizens, for getting 8% fixed interest monthly for a period of ten years,on deposits up to Rs 7.5 lakhs, to save them from reduced interest rates from banks. To day Cabinet has cleared the scheme which comes under VPBY-2017.( Earlier LIC has introduced similar scheme with higher interest rates in which some of you might have been drawing higher rate of interest now)
Varishtha Pension Bima Yojana - 2017
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its post-facto approval for launching of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of Government’s commitment for financial inclusion and social security.
The scheme will be implemented through Life Insurance Corporation of India (LIC) during the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme will provide an assured pension based on a guaranteed rate of return of 8% per annum for ten years, with an option to opt for pension on a monthly / quarterly / half yearly and annual basis. The differential return, i.e., the difference between the return generated by LIC and the assured return of 8% per annum would be borne by Government of India as subsidy on an annual basis.
VPBY-2017 is proposed to be open for subscription for a period of one year from the date of launch.
-Cabinet 24th Jan'17
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PM <moha...@gmail.com>: Jan 25 02:17AM -0800
It is clearly mentioned that the scheme will be implemented through Life
Insurance Corporation of India (LIC) during the current financial year,not
through banks.
On Wednesday, January 25, 2017 at 9:30:57 AM UTC+5:30, Satyanarayana Rao
wrote:
bhaskara sarma <pbsa...@gmail.com>: Jan 25 12:21PM +0800
some long term debt funds are giving better returns and you can withdraw on
any day also.you can take slight risk and go for this sector.sometimes you
may get upto 10-12 percent also.
K S Tantry <ksta...@yahoo.com>: Jan 24 11:51PM
Dear Mr K L RaoI would suggest that IBA beibg a non registered body i.e., it is not created by way of any act of Parliament. IBA is just an association of banks. As such any possibility of question the locus standi of IBA in the Supreme Court of India. This will ensure that once for all this stumbling block will be over.Just spend couple of minutes over this suggestion.Thanks and regards K S Tantri
On Tuesday, 24 January 2017 9:33 AM, "KLRao , Amnesty International Member" <klra...@gmail.com> wrote:
You may read my e letter to Smt Sushma Swaraj ji, - KLRao @ California ---------- Forwarded message ----------
From: LakshmanRao KantamSetti <kl...@mail2world.com>
Date: Sat, Jan 21, 2017 at 8:54 AM
Subject: Fw: Help Bank Retirees- KLRao, Amnesty International Member,London Camp@California
To: klra...@gmail.com
<-----Original Message----->
From: LakshmanRao KantamSetti [kl...@mail2world.com]
Sent: 1/21/2017 7:10:46 AM
To: e...@mea.gov.in
Subject: Help Bank Retirees- KLRao, Amnesty International Member,London Camp@California
Manyaneey Manthri Mahodaya, Smt Sushma SwarajJi , Pranam.
5 lac Bank Retirees have been struggling, since 20 years, as PENSION Anomalies have not been rectified, in spite of several representations, several court verdicts, in spite of availability of more than abundant Pension Funds in all the Banks
I earnestly suggest you to impress upon our PM & FM to appoint a retired judge of Supreme Court as an OMBUDSMAN
Exclusively For Bank Retirees Fixing a Time frame of 60 days for rectification of all the anomalies.
Supreme Court Says - Pension Rules cannot be deviated by Employer / Government ( CA-1123 , dated 01/07/2015 )Best Regards.
Dhanyawad.
Be healthy, to help the Needy
Your Helping the Needy keeps YOU Healthy
KLRao, Amnesty International Member
Convener, VIBRANT Retirees Forum
______________________________ ______________________________ ___
Get the Free email that has everyone talking at http://www.mail2world.com
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Gopalakrishnan V <gopa...@gmail.com>: Jan 24 06:37PM +0530
Dear sri. Vasanthkumar sir, u hav aptly questioned the bank union leaders
and have u passed on these matters to the leaders directly exposing their
intentions? The existing bank employees and retirees should be fully made
aware of the intentions of left political leaders who want to create
chaoes continuously against the central govt. Whoever rules.This is
especially in Kerala which we face recently. When there is no problems,
they drag bank unions so that bank employees are not affected financially
much since they can afford one day strike. Have the union leaders exhausted
all avenues through discussions with RBI and IBA to settle the matter of
currency shortage? There have been too many strikes for actions against
high NPA holders. What is the result? Why should bank union s take up the
issue of note hoarders when there is separate departments under IT and
enforcement to probe such cases?
Gopalakrishnab V,SBT retiree
officer
On Jan 24, 2017 3:59 PM, "K VASANTHAKUMAR NAIR" <
kvasantha...@gmail.com> wrote:
This is just political gimmick by Communist trade union people.
I just want to ask the so called Leaders few questions:
1) what they did during the first month of demonitization to mitigate
suffering of common people?
2) Why they allowed treacherous elements ,especially in Keralam to misguide
innocent people?
3) Why they did not object to Communist maneuvers to even confuse poor aged
pensioners that they will not get pensions if not stand in the que of
Treasuries and banks and made them stand in ques from very wee hours
onwards?
4)Why they did not correct Mr.Thomas Issac FM of Keralam when he said ' we
have money, but not Currencies' completely confusing gullible persons about
'money movements'
5) Why they did not correct their Political masters when they went on
objecting the rules and laws to be brought in to the co-operative Banking
sector in the country?
6) Why they could not show the enthusiasm now they are showing to call a
strike,when they could have asked the members of their unions to educate
poor innocent people about the facts about demonitization and the benefits
of the using of the Financial Tool by central government?
7)Finally, why they kept quiet when unscrupulous elements in RBI shown
special interests to supply fresh Currencies to New gen Pvt Banks like
notorious Axis Bank, HDFC bank,I DBI Bank etc while depriving nationalised
banks and old generation Private sector banks their dues?
There are umpteen number of such questions!
We all know your credibility.... and we all know you are now arranging this
drama for your political masters......
It is true,we when ,were in active service meekly believed you and
supported you all Leaders ....!!!!!!
But mark my words, you so called Bank union Leaders, Sooner than later you
are all going to get kicked out by the young generation Bankers...who will
be seeing through your selfish dirty games.
Till then,
God bless you to at least show remorse for what all negative circuses you
have been doing in banking sector, and support our central government for
the bold step it took to attack the 'Black Economy ' of our great country.
Thank all.
K.Vasanthakumar Nair.
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"PRABHAKAR S" <prabhakar_libra@rediffmail.com>: Jan 24 05:01PM
Dear Sri Somashekara,Where are MPs of Communist Parties in the Parliament ???? CPM has got 9 in Lok Sabha and 8 in Rajya Sabha. The CPI which is having a paltry ONE ( Com D.Raja) in Rajya Sabha and as an All India party has a big ZERO in Lok Sabha..Most shameful... Don't expect the lone member who is to side with AIBEA take up anything as he himself had to stoop down to a lowest level to get the support of AIADMK to get elected to Rajya Sabha....Gone are the days when we had the CPM & CPI MPs along with the left leaning MPs in Congress alongwith RSP, Forward Bloc etc, raising their voices and holding the brief for the Bank Employees. Today we are at the mercy of the Government for anything as UFBU/ AIBEA/ AIBOC have their own problems to tackle and they have no time for us as they have conveneiently forgotten that they also will have to retire!!!PrabhakarFrom: JSOMA SHEKARA <jsomase...@gmail.com>Sent: Tue, 24 Jan 2017 15:58:45To: bankpensioner@googlegroups.comSubject: Re: bankpensioner BANK EMPLOYEES TO STRIKE WORK ON FEB 7 Communist parties are well aware that Bank employees and retirees are not their vote bank.So none of the communist MPs in Parliament made any serious efforts to present our demands in Parliament. However they are clever to understand that by using bank employees and arranging bank strikes they can inconvenience general public and divert their anger against govt. Every time bank employees go on strike it is reported that total loss incurred is 20000 crores. Whatever may be authenticity of such reports what will AIBEA by going on strike?
Employees will loose wages, public will suffer, industry incurs losses. Govt will not budge an inch.
Who will gain by such strike.?
On 24-Jan-2017 9:36 am, "bhaskara sarma" <pbsa...@gmail.com> wrote:
Dear GOPALAKRISHNAN,Already Dharnas were held in state capitals many times.But no tangible result is obtained.So now the dharna is proposed to be held in JANTAR MANTAR. I too agree that there may not be much benefit with one day Dharna. THERE SHOULD BE WIDESPREAD MEDIA COVERAGE BEFORE AND DURING DHARNA.The coverage must be in visual media.
On Mon, Jan 23, 2017 at 2:31 PM, Gopalakrishnan V <gopa...@gmail.com> wrote:
Existing employees of banks have no say in deciding the option of striking work or not because of retaliatory measures from union leaders. It is a fact that employees r dependent on leaders for their personal gains, especially a favourable posting. It is a known fact that the Unions and officer's assn.are left oriented as if they alone r people capable of fighting against central govt.for bank employees issues. We hav to remember that only 3 or 4 MPs r representing these parties in the loksabha. Why can't they influence the ruling parties all along these years for the benefit of bankmen!?. There wil be no sincere public sympathy for Feb 7 strike. It is the duty of RBI and bank managements to supply notes in adequate supply. Bank employees need to work only with the supplied volume. Strike is unwarranted. Protest dharnas by old retirees is a futile attempt. It is a torture of old bank retirees to withstand the extreme Climate at delhi. Instead we could hav arranged the dharnas at state capitals.
---------- Forwarded message ----------From: "Vvns Varaprasadrao" <varapra...@gmail.com>Date: Jan 23, 2017 9:14 AMSubject: Re: bankpensioner BANK EMPLOYEES TO STRIKE WORK ON FEB 7
To: <bankpensioner@googlegroups.com>Cc: The issues which prompted Unions to plan strike call on 7th Feb, 2017 are of no importance except
"There should also be a CBI enquiry on instances of huge new currency notes with some "big persons" when branches are starved of cash."
This unwarranted strike is only to exhibit the existence of unions and its leaders.
On Fri, Jan 20, 2017 at 3:53 PM, PM <moha...@gmail.com> wrote:
FOR INFORMATION:
Nearly four lakh bank employees plan to strike work on February 7, demanding solution to demonetisation problems.
The strike call has been made by All India Bank Employees Association (AIBEA), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI).
On demonetisation issues, C. H. Venkatachalam, General Secretary, AIBEA said that bank employees want the Government and RBI to ensure supply of adequate cash to all banks and branches including regional rural banks and co-operative banks:
All Automated Teller Machines (ATMs) should be restored immediately and availability of cash in ATMs should be ensured, he added.
They should remove all restrictions on withdrawal of cash by customers. "There is also need to stop favoritism in supply of cash to banks", he said.
There should also be a CBI enquiry on instances of huge new currency notes with some "big persons" when branches are starved of cash.
The Government must also provide compensation to family of general public, bank customers and bank staff who lost their lives recently due to demonetisation episode.
_Hindu Business line 20th Jan'17
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1952...@gmail.com: Jan 24 08:08AM -0800
Copy of letter published in the Hindu Business Line dated 25 01 17
Secretive institutions
This refers to your edit, ‘Letter and spirit’ (January 24). One can
understand the reluctance of political parties to submit themselves under
the RTI Act. But organisations such as the Indian Banks Association and the
BCCI are not covered under the Act.
I had filed an application under RTI with United Bank of India to know how
they have handled a direction from the division bench of Calcutta regarding
dearness allowance payment to retired pensioners. But the bank has refused
to provide information on the ground that it is of a commercial nature and
also that it is held by the bank in a fiduciary capacity and cannot be
shared. The information sought is simply payment to retired employees. It
does not and cannot have any bearing on the product or services or clients
of the bank. Moreover, they are not going to share any information provided
by any of their clients as claimed by the bank. This shows that
institutions are not willing to provide genuine information to the public
and the purpose of the RTI Act is being defeated.
*S Kalyanasundaram*
*Email*
On Thursday, December 15, 2016 at 10:11:40 PM UTC+5:30, PM wrote:
Keshav Saini <krs...@hotmail.com>: Jan 24 02:26PM
AS PER WEB SITE OF AIBRF ,NOW TENTATIVE DATE OF LISTING OF ABOVE NOTED CASE IS 25.01.2017.
KESHAV RAI SAINI
________________________________
From: bankpe...@googlegroups.com <bankpensioner@googlegroups.com> on behalf of Keshav Saini <krs...@hotmail.com>
Sent: Tuesday, January 24, 2017 4:59 AM
To: bankpe...@googlegroups.com
Subject: Re: bankpensioner Re: 100% DA CASE BEFORE SC - LISTED FOR 11th JAN' 17.
AS PER WEB SITE OF SUPREME COURT THE RELATIVE ABOVE NOTED COURT CASE IS STILL PENDING AND WEB SITE OF SUPREME COURT SHOWS ''THERE ARE NO FURTHER ORDERS OF LISTING.THIS MEANS THIS CASE HAS NOT BEEN LISTED ON THE 24TH JANUARY,2017.
KESHAV RAI SAINI
________________________________
From: bankpe...@googlegroups.com <bankpensioner@googlegroups.com> on behalf of Parvatam Veera Bhadra Swamy <pvbs...@gmail.com>
Sent: Monday, January 23, 2017 11:39 AM
To: bankpe...@googlegroups.com
Subject: Re: bankpensioner Re: 100% DA CASE BEFORE SC - LISTED FOR 11th JAN' 17.
Thanks for sharing the information.
PVB Swamy
Canara bank
On 23 Jan 2017 16:02, "'Rampalli prasada rao' via bankpensioner" <bankpensioner@googlegroups.com<mailto:bankpensioner@googlegroups.com>> wrote:
________________________________
From: PM <moha...@gmail.com<mailto:mohan...@gmail.com>>
To: bankpensioner <bankpensioner@googlegroups.com<mailto:bankpensioner@googlegroups.com>>
Sent: Saturday, 21 January 2017 7:27 PM
Subject: bankpensioner Re: 100% DA CASE BEFORE SC - LISTED FOR 11th JAN' 17.
For Information:
The case on 100% DA is included in advance weekly cause list of SC as item No 20 on 24th Jan 2017 as follows.
20. C.A. NO. 8420-8421/2013
XII EXP
A.B KASTHURIRANGAN & ORS
VS.
CANARA BANK & ORS.
(WITH APPLN. (S) FOR DIRECTIONS AND IMPLEADMENT AND IMPLEADMENT AND OFFICE REPORT)
MR. V. G. PRAGASAM
MR. RAVINDRA S. GARIA
M/S MITTER & MITTER
CO.
MS. N. SHOBA
** ** **
On earlier occasions too same was listed but not came up for hearing. Hence we cannot anticipate that same will be taken up as per weekly list prepared.
It may come up or may be taken up later .Just for information
On Sunday, January 1, 2017 at 10:33:17 AM UTC+5:30, PM wrote:
Dear Friends,
As I have informed earlier ,Indian Bank Association has filed Intervention Application to become party in these civil appeals. On 29th June'16, the Bench has directed to list these applications along with the main matters in the month of January, 2017.Not for final disposal.We have to wait further after Jan'17.
Latest information on above pending case is furnished here under for information:
SUPREME COURT OF INDIA
Case Status Status : PENDING
Status of : Appeal Civil 8420 -8421 OF 2013
A.B KASTHURIRANGAN & ORS .Vs. CANARA BANK & ORS.
Pet. Adv. : MR. V. G. PRAGASAM
Subject Category : SERVICE MATTERS - RETIRAL BENEFITS
Listed 1 times earlier Likely to be Listed on : 11/01/2017
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manmohan Obcretiredemployee <obcretire...@gmail.com>: Jan 24 04:28PM +0530
Dear Sir,
Government had proposed Bank wage revision along with 7th pay commission
.It is the trade unions which vehmently opposed. They loose all their power
if that thing happens. Banks aslo oposed .
On Tue, Jan 24, 2017 at 11:22 AM, dundunavnee c <dundu...@gmail.com>
wrote:
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