Bank Next Wage Revision- to conclude within time frame and Prior to the effective date i.e. 01.11.2017
Bank Next Wage Revision- to conclude within time frame and Prior to the effective date i.e. 01.11.2017
D.O.No. 4/2/2/15/IR
Girish Chandra Murmu, IAS
Additional Secretary
Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep Building, 3rd Floor,
10, Parliament Street,
New Delhi-110 001
March 21, 2017.
Dear MD/ CEO
Kindly refer to this Department's letter dated 12.01.2016, 24.08.2016, 21.10.2016 and 21.12.2016 addressed to all Public Sector Banks ( PSBs) whereby PSBs were requested to initiate the steps taken for smooth conclusion of next wage revision of the employee within time frame. However, it is seen that several Banks are yet to proceed in the matter.
2. May I request PSBs to kindly look into the matter and to conclude the next wage revision prior to the effective date i.e. 01.11.2017
Yours sincerely,
Sd/-
(G.C. Murmu)
The Chief Executives of all Public Sector Banks
Source:- http://financialservices.gov.in
I am informed that Madras High Court in WP 4005/2007 has directed Syndicate Bank management to treat all pensioners in PSB at par with the central govt employees and if so please provide me the details to take up with Indian Bank management
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