When unions talk about increasing the salaries of Bank Employees quoting substantial increase in gross profit, per employee business and profitability, IBA starts crying on NPA and shows inability in meeting the legitimate demand of bank employees to mean if bank employees are responsible for increasing NPA. However, when Bank Employees come out with list of defaulters to show to the general public that these defaulters are leading a lavish life and intentionally not repaying the debts of the bank and highlight the high handedness and underhand dealing of top officials of the bank in not initiating proper and stern action in recovering the NPA, they are not only being threatened but stern action is being taken against them. This clearly discloses double face of IBA. Sri Subhash Sawant General Secretary, INBEF took out a procession in business locality of Mumbai disclosing the names of big defaulters of Central Bank of India which has shown NPA of around Rs.11000/ Crores. Management of CBI should have appreciated the efforts of bank employees in recovering the NPA but to great surprise and dismay it issues notice to veteran Trade Union Leader Sri Subhash Sawant notifying to stop his pension. Does not it proves intimacy and closeness of Bank management with defaulters? When top executives are involved in reckless lending resulting in huge NPA to big business houses who are doing well and have resources to repay the debt but you are intentionally not interested in recovery, how can you deny bank employees their legitimate right to get salary equivalent to salary of Central Government Employees? timesofindia.indiatimes/city/mumbai/Ex-staffer-takes-on-bank-gets-pension-notice/articleshow/45244459.cms
Posted on: Mon, 24 Nov 2014 07:19:34 +0000
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