AIBOC Befitting Reply to Finance Minister Against Statement Regarding Bank Officers Punishment - 11th Bipartite Wage Revision - Latest News

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Monday, 31 December 2018

AIBOC Befitting Reply to Finance Minister Against Statement Regarding Bank Officers Punishment

All India Bank Officers' Confederation (AIBOC) has given a befitting reply to Finance Minister Sri Arun Jaitely against his statement on making Bank Officers' responsible for NPA menace. As per PTI news :
Finance Minister Arun Jaitley said that minor and major penalties have been imposed against erring officials. These include, dismissal, compulsory retirement and demotion. "As per the inputs received from nationalized banks, in FY 2017-18, 6,049 officers have been held responsible on account of staff delinquency in NPA accounts...,"

AIBOC has shown the comparative analysis of the statement by minister, Union said that 
We would like to draw your attention to the fact that the total number of officers in PSBs stood at 405042 in March 2018. Hence, the number of delinquent officers, even as per the management's estimates, is less than 1.5% of the total number of bank officers.
You could have simultaneously clarified while making your statement that the number of officers penalized were a minuscule minority of the total strength of officer cadre in the PSBs, and that the overwhelming majority of them are honest and hard working officers, who serve the bank customers diligently and provide banking services to the marginalized and weaker sections of society.
 Download the complete Statement - Here

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