To,

The Chairman,

Indian Banks' Association

EMail:webmaster@iba.org.in

On the eve of Xth Bi-Partite Settlements,Punjab National Bank Employees' Forum, on behalf of employees of banking sector, in this country, hereby extends few important demands to improve the service conditions and working ambiance of banking industry:

In the matter of starting Pay, a basic attraction to youngsters to join any bank, SBI offers to its new recruits 4 more increments than what nationalized Banks offer. In the process every DRO and every PO choose to join SBI. There are several instances where young officers resign from nationalized Banks to join SBI. Such migration is causing considerable damage to the image of nationalized banks.

Moreover, quantum of hike commensurate with hike given to central government employees, as per sixth pay commission, is desired.

2. STAGNATION FREE SCALES OF PAY

SBI has scheme under which its officers are given automatic upgradation of scales, based on seniority, upto Scale III. This provides the facility of stagnation free scales of pay for SBI officers. Whereas the officers of non-State Bank of India real under the pressure of stagnation and consequent frustration anddemoralization

Rationalization of Pension, laying down proportionate increase in pension benefits, with every wage settlement/hike.

Regulated working hours for all bank employees and laying of uniform and proper working hours for all bank employees.The Bank officers deserve a Regulated working hours which is eluding solution for quite a few years. The issue has been further aggravated with Bank managements, without exception, calling upon field functionaries, Branch Managers to attend Business conferences, recovery schedule, special drive in respect of funds and organizing credit camps on Sundays and even holidays and this has become a regular phenomenon. This has taken a heavy toll on the health and life of a large number of officers and their families and some have paid heavy price of ending their lives not being able to bear the work pressure. Hence this issue being resolved immediately, brooks no delay.

Traditional banking channels being supplemented by anytime Banking, internet banking, anywhere Banking etc., and important clientele adopting 5 days week, there is a strong urge for introduction of 5 days week in banks for all.

Punjab National Bank Employees' Forum