Kerala sets panel to revise bank salaries
Thiruvananthapuram: The State Government has ordered the setting up of a nine-member committee with a mandate to revise pay scales of urban cooperative bank employees. The secretary, department of cooperatives, will be the Chairman of the committee while the Registrar, Cooperatives, will act as the convener, an official of the State Government said here.

The committee has been asked to assess the monthly pay-and-benefits structure existing as on April 1 this year, and make recommendations on fixing different scales, reviewing existing scales and other related issues after taking into account the financial position of the concerned bank.

Among the members of the committee are K.R. Aravindakshan, president, State Cooperative Bank, president and secretaries of the Cooperative Urban Federation, Urban Bank Staff Organisation, All-Kerala Cooperative Urban Bank Employees Association, Kerala Cooperative Workers Federation and Cooperative Employees Union and M. P. Jackson, president, the Irinjalakkuda Town Cooperative Bank.

The committee has been asked to submit its report within six months. The existing wage agreement in the urban banks sector in the State had expired on March 31.
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Dhanalakshmi bank counter upgraded in Kochi
Kochi: Dhanalakshmi Bank has upgraded the extension counter attached to the Bar Council of Kerala, High Court Campus, Kochi to a full fledged branch.

In his welcome speech, the executive director of the bank, K.A. Menon said the bank had already taken steps to implement core-banking solutions, which enables the customers to enjoy anywhere banking facility.

During his inaugural speech, K.B. Mohandas, chairman of Kerala Bar Council pointed out that Dhanalakshmi Bank is capable to serve the interest of the public, even as it strived to maintain its traditional values.
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