:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

GOVT. DIKTAT ON SC/ST QUOTA RANKLES PSU BANKS

The long pending issue of reservation for scheduled castes (SCs) and scheduled tribes (STs) in the country’s public sector banks (PSBs) is back on centrestage. The Centre has just asked all PSBs to follow a reservation policy for SC/STs at all officers’ categories which has rankled banking circles. The government’s direction was induced by a Madras High Court judgement, which asked five public sector banks including Canara Bank, Uco Bank and Union Bank of India to follow the reservation rule.

According to a government order, PSBs need to promote at least 15% SC and 7.5% ST candidates at all officers’ levels from Scale I (probationary officer) to Scale VII (general manager). Reservation for SCs and STs in matters of promotion at all government agencies started way back in 1997 following a Constitutional amendment (77th amendment).

Consequently, PSBs started follow the reservation policy when clerical cadres get promoted to officers’ level. But these banks never followed reservation policy for promotions within officers’ level. However, they used to follow a policy called ‘zone of consideration’, which translate into favourable treatment for SCs and STs at time of promotion up to scale III.

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