No increase in income tax exemption for salary class: NOBW
Government has not taken care of co-operative banks
Finance Minister has not mentioned about the regional rural bank and co-operative banks. Therefore RRB employees hopes have been dashed down.
FM announced India’s first Women’s bank. Earlier banks were having women’s branches but due to security reasons banks closed the same. We are unable to understand the need of the Women’s Bank.
Government has not taken care of co-operative banks. NOBW (National Organisation of Bank Workers) demanded that there should be a separate Ministry to look into the large co-operative sector including state, urban, district co-operative banks and co-operative societies which presently comes under the Agriculture Ministry, whereas Agriculture Ministry has no way concerned with the co-operative banks.
Regarding reconstitution of Banking Service Recruitment Board (BSRB) also not considered for the recruitment in the banks.
FM is concerned for the National Health Policy but Bank employees are deprived from the uniform health scheme. NOBW suggested for CGHS facilities to be extended to the working and retired bank employees.
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India Infoline Research Team / 10:47, Aug 24, 2015
In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.