MSG

[E.RAJENDRAN IYER]

Respected All Retirees 

In Case if the Court verdict against Reti

rees only  UFBU And  partner MrCN Prasad happiest person. They May celebrate all the place. I wish them all success

Regards 

E.R.IYER

[MOHAN P]

Mr Iyer,

No one can predict on the verdict of courts let it be our case or others. 

We are fighting now in SC on a lost case before HCs.False narratives might have influenced many.It does not mean that we may have a favourable verdict.

Why should we blame those who present the real facts in right perspective?

Mr.Prasad has brought many benefit to retirees what we are enjoying today  through long drawn consistant legal struggle.

Let the verdict come.

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[Kalyanasundaram Subramaniam]

Mr E R Iyer

You have made a statement that Mr CN Prasad will be happy if the court verdict is against retirees and you also wished him success. 

So, shall I take it that you want the case must be decided against retirees?

There are some well wishers who are fighting the case in the Supreme court. There are well wishers who are discussing various avenues available and what may work and what may not work. Not willing to hear any counter-points cannot be a sensible option. 

When any favourable verdict is going to be beneficial to each and everyone, who will be against it?

If the court verdict goes agaist pensioners, we must keep the option of negotiation through unions. We need the help of all the unions. Abusing unions may not be of any help to us. 

S Kalyanasundaram 

[E.RAJENDRAN IYER]

The main purpose of PLI is to open doors to Privatisation. After PLI, Candidates from Private Sector will be hired in Banks in senior roles. Through PLI, more money will be provided to Private Candidates.

https://x.com/i/status/2034688564177633765

[E.RAJENDRAN IYER]

*Bank Employees are not happy with UFBU and Unions. Several questions are being raised against Unions.*

1.If matter is under discussion, how can Govt order credit of PLI. Are Unions hiding something?

2.Why PLI matter is pending since 1 year? Why Unions could not resolve it till now?

3.Matter was under discussion then why Banks credited PLI for officers upto Scale 3 and Why Unions did not take action at that time? Why Unions did not approach Court?

4.On 9th March meeting, DFS said clearly that PLI will be paid as per new rules. Why Unions did not take strong action?

5.CLC said IBA to provide report of impact on banks due to PLI in 10 days. 10 days have passed. Where is the report?

https://hellobanker.in/?p=77930

[E.RAJENDRAN IYER]

Bank of India Senior Manager sent to 3 Years Jail in LC Fraud Case. Customer submitted LC from HDFC Bank. BOI Staff discounted LC. Later that LC was found to be fake. Staff sent to Jail. 

https://hellobanker.in/?p=78007

[E.RAJENDRAN IYER]

*How much Bank Unions Earn?*

Bank Unions Earn more than Rs.100 crore per year from Members. Details👇

https://hellobanker.in/?p=78011

[Sridhar Mandyam]

No pensioner rejoices if the verdict goes against. The person is cautioning against being ovr optimistic. We are reading between lines of BPR for our own convenience. Sometimes facts are hard to digest.

[Satyanarayana Rao]

Sri E.R Iyer.

It is not the question of happiness and unhappiness.

It is a public debate.

Pl don't have any iorta of doubt about pension updation case.Under the protection of constructional rights under article 14 and16 allong with collateral support of positive understanding of natural justice and jurisprudence the precidence of RBI updation formula accepted and implemented by DFS shall be passed on to the pensioners  who are looking at Supreme court verdict for justice since decades.

We Shall celebrate the judicial victory in our favour and let us dedicate the same the valiant,crusedor and warriors and learned participants and all pensioners.

Yahoo Mail: Search, organise, conquer

[Narayanan Venkateshwaran]

Mohanji

I an not privy to what Mr. Rajendran  had said. But what all negative aspects are there need not get highlighted when court proceedings are now on especially by some using legal jargans in utter display of their legal knowledge. 

You will kindly agree it is the desire of you me and everybody to find a favourable outcome not withstanding lacunae

CVNarayanan

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[Prasad C N]

Dear Shri Iyer,

Before reverting to your email, I would like to place one example:

I assume that there is a person by name Mr.ERS.  Mr.ERS is very intelligent, handsome and has huge popularity.  He has lot of close friends.  His close friends say that he (Mr.ERS) is the next Prime Minister.  His friends continues to say that Mr.ERS is a great personality and he is the next Prime Minister. He is extremely happy and he believes that he is going to be the Prime Minister, shortly.   Unfortunately, he has also got friends like me.  Who tell him that it is not possible, because Mr.Narendra Modi is the Prime Minister.  He continues to be the Prime Minister.

Mr.ERS, starts cursing me stating that "eventhough I am going to be the Prime Minister, why are you saying that I will not be the Prime Minister".  He feels that I am a negative person.   He also accuses and tells me that "you would be very happy, if I do not become Prime Minister".

Mr.Iyer, there is no difference between Mr.ERS and you.  I feel happy, if Pension is updated.  I have been saying and continue to say that we do not have law on our side.  Why I say so?

I am extracting from the Judgment of Single Judge in Singla's case, wherein what is the prayer is explained:

"The petitioners have a grievance that the Regulations provided for the application of pension in the manner that the Reserve Bank of India and Civil Services Pension Rules provided, but in the scheme which had been introduced, it has not provided for periodical updation of the pension with reference to the increase in scales of pay coming through various Pay Commissions' recommendations".

Which means, the Petitioners are only seeking Pension Updation with reference to the increase in scales of pay coming through various Pay Commissions' recommendations or Reserve Bank of India and Civil Services Pension Rules provided.  We have demonstrated with example that any revision by applying either of the formulae results in creation of anamolies.  But, you are expecting order for revision of pension which creates anamolies or what is not possible.  Perhaps, deliberately I am not listing possible adverse affect or damage any incorrect Judgment may cause as far as payment of our pension is concerned.  After the Judgment, when I explain the possible damages, you will understand & will be with me.  In any case, there cannot be any Judgment beyond what is prayed for.  When my expectation is quite different fromthat of yours, my opinion will also be different. After all, I know my limitation and I am not expecting myself in the seat of Prime Minister. 

Thanks, a Million. 

With regards,

Prasad C N

[E.RAJENDRAN IYER]

*Important!! Take out 5 min and read report*

Rs.29 Lakh Crore has been defaulted by Large Companies in PSU Banks. When the matter was reported by media, the data was removed from public domain. It's really very shocking. Banks and RBI say - we can't declare data due to privacy of defaulter customers. Such huge amount of public money is at stake and RBI can't release Data.

https://hellobanker.in/?p=77125

[R Balaji]

As we are retirees why should we bother about PLI

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[Chinnasamy Rajagopalan]

Nobody can predict the outcome of court battles.As u have rightly said we are fighting a  case lost in the lower court.Courts do not go by ethics or who is involved in the dispute.They simply go what is in black and white and also on the line of argument.Recently i read about a verdict in which five people were accused for the same crime and four of them were denied bail but the fifth man got bail because the clause under which the advocate argued was different from the other four.Nothing could be predicted at present and what Mr.Prasad said is that we should prepare ourselves for an adverse verdict also.Everybody is free to air their views which may differ with the views of others for which they cannot be called anti pensioners or Chamsas of the other union

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[Prasad C N]

Dear Shri Chinnaswamy Rajagopalanji,

Immensly thank for understanding my intention.  Can there be any discussion, after the  Judgment.  After the Judgment, it is only post-mortem and blame game.

Thanks, a Million. 

With regards,

Prasad C N

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[MOHAN P]

Dear Shri Narayanji,

It is a cherished desire of each one of us to secure Updation of Pension a long pending legitimate demand. No doubt about it.Let it be through any channel.Through court or through negotiation.

Mean time let us also be aware on petitioners limitations or restrctions on their submissions before Hon.court. Members may have valid points to substantiate their observations. We may agree or disagree. There is a way to respond. Personal abuse is not the answer.

Hon Court may take their decision based only on data /facts before court.We can continue our healthy debate till our issues are resolved.

Regards

Mohan. 

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