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.

How to lead an agile team to success in uncertain times

There is a popular quip doing the rounds on social-media platforms about this whole resetting thing and chances are you may have come across...

Close big engagement gaps with little things: Appreciation at work

You say “Thank you”. What they hear is, “Please accept my standard, HR protocol-approved format for acknowledging your most recent activity that was intended...

Six must-have employee benefits for remote workers

The concept of remote working has seen exponential growth in the past few years. Even more so with the current pandemic situation. Having to...

Latest

NHM employees in Kerala get pay hike and other benefits

The Kerala government, on July 5, decided to increase the remuneration of the National Health Mission (NHM) employees both on contract and on a daily...

Over 100 contract employees of PEL rendered jobless  

The pandemic has hit businesses hard and the Indian Space Research Organisation (ISRO) is no exception. Contract engineers and technicians who are integral to...

Telangana to reserve 80% semiskilled, 60% skilled jobs for locals

The Telangana Cabinet has given its approval to the reservation of jobs for locals in all the new industries emerging in the state. While...

10 days of period leave a year for Zomato employees

In an attempt to eliminate the stigma associated with menstruation, Zomato, the food-delivery company has introduced period leave. The women employees of the Company...

DIALOGUE

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...
video

“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...