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.

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,”...

200 R&D employees of Microsoft asked to leave

Close on the heels of laying off 1800 employees as part of a restructuring exercise, Microsoft has reportedly laid off 200 more. This time, it...

Latest

Amazon India lets students shadow its senior leaders for a day

In a bid to help develop and nurture future leaders, Amazon India has announced its unique initiative, ‘ADayAtAmazon’. Under this initiative, two selected B-school...

Braemar hires John Beckwith as group director-HR

Braemar has appointed John Beckwith as its new group director of HR. The Company that offers advice in the areas of shipping investment, chartering...

Amazon India’s DSP programme to be truly diverse

Amazon will offer a special grant to enable aspiring entrepreneurs from under-represented communities to join its Delivery Service Partner (DSP) programme in India. This ‘diversity’...

BVC Logistics allows teams to work anytime, anywhere, any day

BVC Logistics (BVCL), the Mumbai-based secure logistics firm, has rolled out a new policy allowing its teams to work from any location they wish,...

DIALOGUE

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

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“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...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...