There is a possibility of 3.15% [21 slabs]increase in D.A. for Bank employees for May, June and July 2011
The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of March, 2011. However, based on the CPI already announced for the month of Jan'11and Feb'11, we are doing this guess work. The CPI announced so far are as follows:-
Month CPI
January, 2011 4291
February, 2011 4222
March, 2011 Not Avlbl.
The CPI has gone done in February, 2011. The previous trends show that CPI is likely to remain at February, 2011 level or increase slightly. Assuming that there will be marginal increase in CPI for March, 2011 the revised DA is likely to be around 53.10%, for the months of May, June and July, 2011 (i.e. increase of 21 slabs). [The present DA is 49.95% for the months of February, March and April, 2011].
22 April 2011
28 March 2011
OVERTIME FOR SBT STAFF
As a one time dispensation, it has been decided to pay overtime wages to Award Staff for attending to works relating to Annual Closing of Accounts for a maximum of 15 hours spread over 4 days (2 hours @ 100%, 4 hours @ 170%, 9 hours @ 200%).
Staff members attending to Govt. business / collection of taxes in Treasury branches / Branches handling collection of taxes at the year end, may be paid overtime wages upto a maximum of 25 hours including the aforesaid 15 hours spread over 6 days (3 hours @ 100%, 6 hours @ 170% and 16 hours @ 200%)
Staff members attending to Govt. business / collection of taxes in Treasury branches / Branches handling collection of taxes at the year end, may be paid overtime wages upto a maximum of 25 hours including the aforesaid 15 hours spread over 6 days (3 hours @ 100%, 6 hours @ 170% and 16 hours @ 200%)
05 January 2011
15 October 2010
State Bank employees to get more benefit & pay !!
State Bank employees to get more benefit & pay hike, awaits Govt. approval.
The State Bank of India employees, who had protested the 17.5 per cent pay increase on the grounds that they already had the pension option and would therefore lose out, are in for some bonanza.
The bank management is awaiting approval from the government to provide for an additional 6.4 per cent increase, which will cost the bank around Rs 290 crore. In addition, there is a proposal before the government for raising the pension for senior officers by around 40 per cent and for clerical and junior management grade employees by around 50 per cent.
A senior executive said the bank had already provided Rs 290 crore for the expected impact of the salary increase. SBI union representatives had not signed the wage settlement agreement with IBA.
The State Bank of India employees, who had protested the 17.5 per cent pay increase on the grounds that they already had the pension option and would therefore lose out, are in for some bonanza.
The bank management is awaiting approval from the government to provide for an additional 6.4 per cent increase, which will cost the bank around Rs 290 crore. In addition, there is a proposal before the government for raising the pension for senior officers by around 40 per cent and for clerical and junior management grade employees by around 50 per cent.
A senior executive said the bank had already provided Rs 290 crore for the expected impact of the salary increase. SBI union representatives had not signed the wage settlement agreement with IBA.
10 October 2010
Probable D.A. for Bank employees
Probable D.A. for Bank employees for Nov'10, Dec'10, Jan'11 : 46.20%
The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of September, 2010. However,
based on the CPI already announced for the month of July, 2010 and August, 2010, we are doing this guess work. The CPI announced so far are as follows:-
Month CPI
July, 2010 4063
August, 2010 4063
September, 2010 Yet to be announced
Assuming that there will be marginal increase in CPI for September, 2010, the revised DA is likely to be around 46.20%, for the months of November, December, 2010 and January, 2011 as per the revised salary structure (i.e. increase of 36 slabs !!). [The present DA is 40.80% for the months of August, September, October, 2010).
The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of September, 2010. However,
based on the CPI already announced for the month of July, 2010 and August, 2010, we are doing this guess work. The CPI announced so far are as follows:-
Month CPI
July, 2010 4063
August, 2010 4063
September, 2010 Yet to be announced
Assuming that there will be marginal increase in CPI for September, 2010, the revised DA is likely to be around 46.20%, for the months of November, December, 2010 and January, 2011 as per the revised salary structure (i.e. increase of 36 slabs !!). [The present DA is 40.80% for the months of August, September, October, 2010).
22 September 2010
Associate bank Clerks
State Bank of India (SBI) Invited application for filling up the vacancies of 6113 Clerks in its Associate Banks. Out those 1000 will be in State Bank of Travancore (SBT) with 754 vacancies in Kerala itself. Other associates banks are State bank of Bikanir & Jaipur, State bank of Hyderabad (4 vacancy in kerala only), State Bank of Mysore and State bank of Patiala. Applications should be submitted through online at the banl websites at www.sbi.co.in or www.statebankoftravancore.com.
Total Number of Posts : 6113
Pay Scale : Rs. 7200 -19300
Qualification :
(i) Plus Two or equivalent with 60% marks (55% for SC, ST, PWD and XS)
(ii) 2 year full time diploma after SSLC(10th) with 60% marks (55% for SC, ST, PWD and XS)
(iii) Any Degree with 40% marks (35% for SC, ST, PWD and XS)
Should be able to read & write in English, knowledge in local language will be an added advantage
Age: (As on 2010 October 1) 18 -28 ( There will be a 5 year relaxation for SC/ST, 3 year for OBC and SX, 10 year for Physically handicapped and 9 years for widows in upper age limit, should submit proof while interview time.
Recruitment Process : Ther will be a written test followed by an interview. Written test will be on 16th January 2011. In kerala there is 4 centers ( Trivandrum, Kottayam, Kochi and Kozhikode).
In the Objective mode exam, there will be questions from General awareness, General English, Quantitative aptitude/ computer knowledge .
Call Letter : For E legible candidates the call letters will be send to them by post before January 8th 2011. In case of not receiving call letter, they should contact the exam center.
Fee : Rs. 350
Rs. 50 for SC/ST/PWD and XS candidates.
Candidates should have to download the cash voucher from the bank website at www.sbi.co.in and remit the fee at any sbi branch before applying online. Candidate should have to collect the candidates copy of the voucher from the bank, and use the same to fill the details including journal number while filling up the online application form. Also the candidates must have keep the candidates copy of the cash voucher while reaching the examination hall.
Note :
1. Fee Should be paid between October 1 st and October 30 th
2. Application Can be submitted through website from October 1 st to Novemebr 1 st
3. Candidate should have a valid email ID
Total Number of Posts : 6113
Pay Scale : Rs. 7200 -19300
Qualification :
(i) Plus Two or equivalent with 60% marks (55% for SC, ST, PWD and XS)
(ii) 2 year full time diploma after SSLC(10th) with 60% marks (55% for SC, ST, PWD and XS)
(iii) Any Degree with 40% marks (35% for SC, ST, PWD and XS)
Should be able to read & write in English, knowledge in local language will be an added advantage
Age: (As on 2010 October 1) 18 -28 ( There will be a 5 year relaxation for SC/ST, 3 year for OBC and SX, 10 year for Physically handicapped and 9 years for widows in upper age limit, should submit proof while interview time.
Recruitment Process : Ther will be a written test followed by an interview. Written test will be on 16th January 2011. In kerala there is 4 centers ( Trivandrum, Kottayam, Kochi and Kozhikode).
In the Objective mode exam, there will be questions from General awareness, General English, Quantitative aptitude/ computer knowledge .
Call Letter : For E legible candidates the call letters will be send to them by post before January 8th 2011. In case of not receiving call letter, they should contact the exam center.
Fee : Rs. 350
Rs. 50 for SC/ST/PWD and XS candidates.
Candidates should have to download the cash voucher from the bank website at www.sbi.co.in and remit the fee at any sbi branch before applying online. Candidate should have to collect the candidates copy of the voucher from the bank, and use the same to fill the details including journal number while filling up the online application form. Also the candidates must have keep the candidates copy of the cash voucher while reaching the examination hall.
Note :
1. Fee Should be paid between October 1 st and October 30 th
2. Application Can be submitted through website from October 1 st to Novemebr 1 st
3. Candidate should have a valid email ID
18 June 2010
Retiring at 65?
RETIRING at 65? Sounds incredible? For lakhs of government employees who are hoping that the UPA-II may raise the retirement age of government employees to 62 years, the 10th June’s cabinet decision to raise the Nursing teachers’ retirement age to 65 is a healthy sign that their dream may too come true in the next few years.
The decision appears like an isolated case, but the Union Cabinet’s approval to the increase superannuation age from 60 years to 65 years for the nursing teaching faculty with MSc in nursing in Central government nursing institutions, may bring hopes to many government employees approaching the retirement age.
The decision, however, came with a justification which said that there is an acute shortage of nursing teachers with post-graduate degree in nursing. As a large number of posts of teachers with MSc (Nursing) are lying vacant in the Central government Nursing Institutions, and there has been a high attrition rate, this move may prevent further exodus of nursing teachers.
Yet, it gives enough room for many government employees to probably hope and pray that the retirement age for all government employees may go upto 62.
The decision appears like an isolated case, but the Union Cabinet’s approval to the increase superannuation age from 60 years to 65 years for the nursing teaching faculty with MSc in nursing in Central government nursing institutions, may bring hopes to many government employees approaching the retirement age.
The decision, however, came with a justification which said that there is an acute shortage of nursing teachers with post-graduate degree in nursing. As a large number of posts of teachers with MSc (Nursing) are lying vacant in the Central government Nursing Institutions, and there has been a high attrition rate, this move may prevent further exodus of nursing teachers.
Yet, it gives enough room for many government employees to probably hope and pray that the retirement age for all government employees may go upto 62.
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