11th bipartite negotiating committee meeting to be held on 17th Sept.
UFBU constituents workmen Unions/Officers’ Associationsise invited by IBA for the next bipartite negotiating committee meeting on Tuesday 17th September 2019 at 10.30 am. In a letter dated 13.09.2019 addressed to Shri.Sanjeev K Bandish convenor UFBU, S.K. Kakkar, Senior advisor of IBA invited the representatives of constituents workmen Unions/Officers’ Associations on Tuesday 17th September 2019 at…
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Govt. notifies faceless e-assessment scheme for income-tax payers
The Central Board of Direct Taxes (CBDT) has notified on September 12, 2019, the ambitious E-assessment Scheme, 2019. The scheme is also called faceless or nameless assessment, for income-tax payers. With the launching of the scheme all your income tax returns (ITR) would be assessed and scrutinised in complete electronic mode without any human interface.…
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Employees as ethics ambassadors
The employees who assist senior management in promoting ethical policies, code of conduct, and related policies within the organization are referred to as ‘Ethics Ambassadors’. These ambassadors are appointed full-time or may be taken on in addition to an employee’s day-to-day job. The ethics ambassadors have an important role to play in nurturing awareness and…
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RBI anounces reduction in the risk weight for consumer credit
Updated on November 17, 2023 RBI increases risk weights on consumer credit exposure of banks, and NBFCs to 125% from 100%. Measures announced to contain the risk emanating from a sharp rise in unsecured loans – mostly personal loans and credit cards. It has been also decided to increase the risk weights on Credit Card…
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Meaning of Work Ethics and the Workplace Ethics
Work ethic is a set of values an employee uses in his/her job based on the ideals of discipline and hard work. Work ethic encompasses moral principles like integrity, a sense of responsibility, inherent ability, teamwork, and cooperation. This involves a person’s attitude, behavior, respect, communication, and interaction and how he/she gets along with others.…
How Conflict of interest arises?
A conflict of interest arises when a person chooses personal gain over his duties to the employer or exploits his position for personal gain in some way. In banks, as a general rule, people of top management or Managers or employees should avoid conducting bank’s business with a relative or any other person or any…
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