Tag: Public Sector Banks

SBI posts profits, to give staff 15 days’ pay as PLI

State Bank of India will be paying its employees 15 days of pay as performance-linked incentive. The Indian public-sector bank recently reported an 80.15...

15% increment for bank staff

Employees of 35 banks, including public-sector banks, certain foreign banks as well as a few very old private banks, will receive a 15 per...

15% hike for bank staff, performance-linked incentive for PSB staff

With the conclusion of the two-year long negotiations between bank unions and the Indian Banks’ Association, an annual increment of 15 per cent in...

Employees strike against merger and consolidation of PSBs

Employees of public-sector banks (PSBs) held a day-long protest against the merger of banks and the hike in service charges. A nation-wide dharna against...

Bank employee unions to go on strike on 22 October

Banking operations are likely to be impacted next week when the bank employee unions go on strike on 22 October. The strike has been...

No loss of jobs due to merger of banks

Assuring employee unions protesting the merger of banks, Finance Minister Nirmala Sitharaman said that the merger will not lead to job loss, and that...

Bank employees who resign not entitled for VRS pension

Also, employees will only be eligible if they opt for the scheme within the period of opting for the same.

Working in a public-sector bank may soon get tough

PSBs will soon begin operating as private banks, with lesser staff and focus on performance

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.

Top management at Public Sector Banks to get ESOPs

If all goes well, the ESOPs may be extended to the GM and DGM level as well.

48% HR in the US most worried about updating skills as...

Did you know that the biggest challenge for HR professionals in terms of hiring and retaining talent, across companies in the US, is training...

Latest

Oman’s labour ministry takes action against private sector company

The Ministry of Labour, through its subsidiary the Directorate General of Labour in Al-Dhahirah Governorate, has taken decisive action against a private sector company...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

PwC India expands with joint venture and talent pool growth

PwC India and PwC US announced today a joint venture to expand PwC's presence in India and accelerate growth. With a current workforce of...

Biz2X brings on board Vijay Kumar Jamwal as head, HR

Biz2X, a subsidiary of Biz2Credit based in India and the provider of Digital Lending SaaS technology, appoints Vijay Kumar Jamwal as its new head...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

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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...