New
Delhi: Inaugurating the silver jubilee celebrations
of the United Bank Officers Association (UBOA),
Indian Minister of State for Finance A Adsul said the
government is considering offering pension option to bank
employees. Adsul also said issues such as voluntary retirement
schemes in banks and other related matters should be examined
afresh.
Speaking
on the occasion, United Bank of India chairman and managing
director M Madhukar said his banks performance has
improved quite significantly and the bank has attained
all the parameters required for being granted functional
autonomy relating to matters such as branch expansion
and recruitment.
UBOA
general secretary Debasish Banerji requested the government
to introduce competitive pay scales for the public sector
bank staff to enable them to compete successfully with
private sector banks. He said by offering higher pay scales,
the banks would be able to attract better talent.
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