Tag: PSU Bank

Public-sector banks mull performance-linked salary

Bank unions oppose this revised salary structure saying it is impossible to accurately evaluate performance in the banking sector.

SBI to hire 10,000 plus by March 2019

Between, April 2017 and March 2018, some 18,973 employees had retired. At the same time, the Bank also hired 3,211 employees. 

Bank employees protest against 2% hike

Though public-sector banks had an operating profit in the last two fiscals, they faced a net loss due to bad loans.

Allahabad Bank, the first PSU bank to offer ESOPs

The bank may issue shares in tranches to employees and will complete the transactions in this financial year. 

Now strict dress code for SBI employees

SBI wants its staff to wear formal wear to work and and has therefore, barred them from sporting slippers, shorts, jeans and t-shirts.

PSU banks need an HR overhaul

Structural changes have been suggested by the government to improve the performance of PSBs.

Job posts in Govt., PSUs, PSBs to be equalised

The government wants to ensure that the children of staffs serving in lower categories of PSUs and other institutions can avail the benefit of OBC category reservations, which will be at par with the children of staffs serving in lower categories of the Government.

SBI undergoes restructuring: Reduces staff by 6622 and redeploys 10000

The restructuring will save the bank Rs 1160 cr. every year

Biometric attendance system for Punjab National Bank staff

This system will ensure that attendance is accurately recorded in the HRMS.

Stressed PSUs prevented from increasing staff strength for next three years

Govt to put in capital against this condition, to relieve public-sector banks of their NPA burden.

State Bank of India may have a new HR policy

The state-owned bank is hoping to put a new hiring as well as appraisal policy in place.

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

50,000 employees subscribe to Capgemini’s ESOP

At least 50,000 employees from the 29 participating countries subscribed to Capgemini’s ninth annual employee stock ownership plan or ESOP. With an employee subscription...

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EPFO adds 16.82 lakh net members in Sept. 2022

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Elon Musk is looking at hiring engineers from India

Twitter has been hogging the limelight for some time now. First, for its controversial and long-draw acquisition by Elon Musk and then by the...

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“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...