May 17, 2015
Encashment of Leave on Compulsory Retirement Now Permitted
IBA’s Arrogant and Arbitrariness Attitude Now Totally Exposed: Encashment of Leave on Compulsory Retirement Now Permitted
Today (i.e. 15th May 2015), a copy of the IBA letter dated 11th May 2015 has been released wherein IBA has instructed the Chief Executives of the Banks to permit encashment of leave on compulsorily retirement.
A reading of IBA circular gives a real insight of the mind set of IBA team and their absolutely negative attitude towards bank employees. I am shocked to see the arrogant and arbitrary attitude of IBA on this issue and the brazenness with which they have admitted so to how they have harassed the poor bankers who were given CRS.
Let me first put below the copy of the said circular issued by IBA, for which some union leaders are trying to take credit and even saying that it was because of their taking up the issue in sub-committees. Should we assume that the sub-committee decisions will now be released in instalments rather than in one agreement to be called 10th BPS? This is another method of befooling the Aam Banker
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