By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
Latest World News Update > Blog > Business > Innovative Reforms and Dedication: AIUBOSA’s Path to Success – World News Network
Business

Innovative Reforms and Dedication: AIUBOSA’s Path to Success – World News Network

worldnewsnetwork
Last updated: November 27, 2024 12:00 am
By worldnewsnetwork
Share
6 Min Read
SHARE

India PR Distribution
Chennai (Tamil Nadu) [India], November 27: All India Union Bank Officer Staff Association (AIUBOSA) is a trade union affiliated to All India Bank Officers’ Association (AIBOA) which is one of the constituents of United Forum of Bank Unions (UFBU). Having its office in Chennai, the association under the supervision of its general secretary D S Ganesan keeps leading from the front when it comes to matters related to bank officers.
What distinguishes this trade union from others is the way it keeps working for the rights and benefits of the officers. While the union continues to evolve according to the changing socio-political, economic, and technological environment; it never compromises from its core values. All its decisions are guided by key ethos of equity, equality, justice, transparency, uniformity, consistency, and integrity. For it, quality matters over quantity when it comes to adding members to the association. Its top leaders are not only knowledgeable and multi-talented but also devoted to the cause of bankers and the nation as a whole. In the ever-evolving technological landscape, AIUBOSA marks its presence on Facebook, X (Twitter), YouTube, Instagram, WhatsApp, and Telegram while also having its own website.
Some of the major reforms that are brought about by AIUBOSA are:
1) Proper distribution of vacancies under normal and fast tracks.
2) Reduction of career path of marketing officers and rural development officers up to scale 2 only.
3) Implementation of Govt. of India guidelines and Board approved policies in transfer postings.
4) Bringing out lacuna in promotion process and intervening at the right time.
5) Stopping the lateral transfer of women officers throughout the country (the court case is under progress).
But these are not the only feathers in the hat of All India Officer Staff Association. Through its legal interventions it has benefitted officers across the public sector banks in India. Some of the prominent changes that became possible only because of AIUBOSA are:
1) Communication of appraisal marks to the officers.
2) Officers now have the right to appeal against the appraisal marks allocated and get them reviewed.
3) Unlike the previous conditions, now an officer has to fetch only 75 marks on an average in the last 3 years appraisal in order to appear for the promotion process.
4) Reduction in debarment period from three years to one year only in case of refusal of promotion.
5) Halting of direct scale 3 recruitments in PSBs.
6) Inclusion of batch concept in the promotion process (regardless of date of joining, candidates belonging to same batch will be eligible to appear in promotion process).
In the last decade, AIUBOSA has been showing the way when it comes to issues of officer cadre on national level. The union is committed to:
1) Protect the public sector character of the PSBs.
2) Achieve regulated working hours for bank officers.
3) Bring 5 days banking with all Saturdays off.
4) Better wage revision for the bank officers.
5) Maintain the job safety of public sector bankers.
6) Removal of anomalies in the promotion and transfer exercises.
7) Conversion of specialist officers to generalist stream as per Govt. of India guidelines.
8) Ensure transparency and equal opportunity for all officers.
Some of the prevalent issues troubling the Indian banking sector are: frequent reforms by the govt., lack of RBI monitoring and control, private and foreign players dominating in govt decision making, privatization and merger of banks, non-action on major defaulters, coercive attitude of bank managements, uncontrolled disbursal of loans without security, manipulation of financials and performance data of the banks, departure from core-banking to “we also do banking”, acute shortage of staff, indifference to concerns and wellbeing of the employees, pressure through targets/punishment/daily reviews, ever deteriorating work culture, lack of well-defined policies and their implementation, media maligning the brand image of PSBs, and so on. Despite these challenges, AIUBOSA is committed to fight for the bank officers and holds the view that being a mute spectator will only increase the gravity of the already alarming situation. If the nation has to progress its financial sector has to perform well, which is impossible without the PSBs doing good.
At the end, one can only say that for any matter pertaining to the rights and welfare of the bank officers’ community, the union is paving the way through its gen-next leaders under the charismatic guidance of its General Secretary who imbibes integrity and dedication across the association. AIUBOSA believes in bringing positive change through active participation of officers and work without fear or favor to anyone.
“The world suffers a lot. Not because of the violence of bad people, but because of the silence of the good people” – Napoleon Bonaparte.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by India PR Distribution. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
Oscar winner Robert De Niro attends Anupam Kher’s ‘Tanvi The Great’ gala screening in at New York Indian Festival – World News Network

Anupam Kher shared the photos and videos from the gala screening of…

APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Govt imposes import restrictions on certain gold-containing precious metal alloys to prevent gold imports in disguised form – World News Network

By worldnewsnetwork

Knest Onboards Lighthouse Funds as a Strategic Partner, Secures a landmark ₹300 Crore Backing – World News Network

By worldnewsnetwork

CAPSI Signs MOU With Director General Of Civil Defence – World News Network

By worldnewsnetwork

Human mind will always be supreme, superior to any AI, India does not see this as concern for job loss: Piyush Goyal – World News Network

By worldnewsnetwork

Sports

Hyderabad Heroes complete hat-trick of wins, Bengaluru Bravehearts pick up second victory in season 1 of RPL – World News Network
Sports
Bombay High Court orders BCCI to pay ₹538 crore to Kochi Tuskers owners – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Jackie Chan, Bruce Lee films to be remastered using AI – World News Network
Entertainment
Eric Dane walks red carpet for first time since public disclosure of his ALS diagnosis – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?