Japan s MUFG Bank sacks 26 employees in India, including over phone
By IANS |
Published on
Fri, Jan 1 2021 21:36 IST |
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A total of 26 employees of Japan s MUFG Bank in India who have put in two-three decades of service with the bank were terminated on December 29 without any reason, said two bankers who had lost their jobs.. Image Source: IANS News
Chennai, Jan 1 : A total of 26 employees of Japan s MUFG Bank in India who have put in two-three decades of service with the bank were terminated on December 29 without any reason, said two bankers who had lost their jobs. Some employees - like us - were terminated over phone. Owing to Covid-19, employees attend office in a planned manner. Some employees who were in the office were escorted out with the help of bouncers, H.S. Chaudhary, General Secretary and Virender Singh, Vice President of All India MUFG Employees Association told IANS over phone from Delhi.
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ECI sends transfer advisory to CSs and CEOs of 5 poll-bound states including West Bengal
Agencies
December 19, 2020
New Delhi, Dec 19: The Election Commission of India (ECI) has sent an advisory to chief secretaries (CSs) and chief electoral officers (CEOs) of five poll-bound states on transfer/posting of officers connected with the conduct of elections.
The states include Andhra Pradesh, Arunachal Pradesh, Odisha, West Bengal and Sikkim.
The advisory dated December 18 reads, to ensure free and fair election, the Commission has been following a consistent policy to the effect that officers directly connected with conduct of elections in an election going State/UT are not posted in their home districts or places where they have served for a considerably long period.
1913 wilful defaulters together owe Rs 1.46 LAKH CRORE to banks as on Jun 2020: RBI
Agencies
December 17, 2020
Hyderabad, Dec 17: The Reserve Bank of India (RBI) has said there are 1,913 wilful defaulters, who together owed Rs 1.46 lakh crore to banks as on June 2020.
Pune-based RTI activist Vivek Velankar had filed the RTI application with RBI to get information on wilful defaulters.
He said, The information shared by RBI reveals that there are 264 wilful defaulters who defaulted on a loan of Rs 100 crore and above owe Rs 1,08,527 crore to banks.
Sharing with UNI, the RBI information to Mr Velankar, All India Bank Employees Association (AIBEA) General Secretary Ch Venkatachalam on Thursday said, While the common borrowers are struggling with repaying equated monthly instalments (EMIs) of their loans and also face harassment for missing a single EMI, big and wilful defaulters seem to not only go scot-free but also live life king-size without any worry or fear of any action
Banking menace made to view Post office savings with safe eyes
Post office in India has always been seen as a lucrative way of investment in India.
Rajat Paul
(The writer can be reached at Rajatpaul304@gmail.com )
Post office in India has always been seen as a lucrative way of investment in India. It was initiated by Warren Hastings under the East India Company in 1688, which was later formally introduced as service under the Post Office Act of 1854, presently administrated by the Ministry of Communications. With 1,55,015 post offices, DoP has the most widely distributed network in the world. Over 150 years post offices have been a crucial backbone for communication and socio-economic development where it has successfully developed a brand for itself in reaching out to its potential customers in both urban and backward rural zones with all new schemes provided by the government, thus pushing forward the country s goal of financial inclusion.
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