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24 May, 2016Latest News

 
Site last updated on :24-05-2016


For Office Bearers

 

MAY DAY  

On this Great Day "MAY DAY" we convey our "Red Salute" to you all.

Let us work together to unite working class.

 

R.L.GROVER                                               D.K.PAUDDAR                                           S.S.SHISODIA

    Chariman                                                                     President                                                                 General Secretary

 

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FOUNDATION DAY OF AIBEA 

Revolutionary  Greetings to All on the Foundation Day of AIBEA

 

R.L.GROVER                                               D.K.PAUDDAR                                           S.S.SHISODIA

          Chariman                                                     President                                               General Secretary 

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125th Birth Anniversary of ‘Babsaheb’ Dr. Bhimrao  Ambedkar 

On 14th April 2016, we are celebrating the 125th birth anniversary of Dr. Bhim Rao Baba Saheb Ambedkar. An iconic personality in the annals of histroy of India who still alive in the hearts of millions of oppressed and suppresed class because he lived for the cause of perople. Let us take to vow to move on his path to enlive on his principles which will be a invaluable tribute to the ever guiding soul. 

R.L.GROVER                                               D.K.PAUDDAR                                           S.S.SHISODIA

Chariman                                                                                            President                                                                         General Secretary 

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LATEST STUDY MATERIAL (PART-II) FOR PROMOTION TEST/ INTERVIEW APRIL 2016 UPLOADED-click for download

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STUDY MATERIAL FOR PROMOTION TEST 2016 UPLOADED-click for download

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 Recovery in NPA accounts

A big Challenge

The war on NPAs in the Banking Industry is continuing on a strong footing. We OBC family can’t be excluded from having the burn of NPA. NPA’s have direct impact on profitability due to requirement of provisioning and due to stoppage of interest earning.  You are all aware about the bank’s present position. We are struggling hard on profitability front. Recovery in bad loans is a big challenge before all of us.

We had a joint meeting with our Managing Director and Executive Director on 25th February, at Corporate Office, Gurgaon. In this meeting mounting NPAs and its impact on our profitability was the matter of serious discussion. It was a commom concern of the Management, Association & Federation  to reduce NPAs . Hence, we appeal that it is high time that each & every individual of our bank come forward and whole heartedly participate in the recovery of irregular and bad loans to save the Bank from this crisis stricken position. Our leadership should also actively participate in recovery campaign and evolve strategy jointly with the management for recovery in their command area. If we recover and save the accounts from NPAs, profitability will increase and bank can overcome from present crisis.

Let’s pay full attention to the grim situation and dedicate our full energy in the recovery process. Recovery is like a two edged weapon. On one side we have to save the accounts from slippage thorough recovery of overdue and on the other NPA accounts be either upgraded or settled as per policy through recovery.

Treat this letter as strongest ever appeal to one and all and thoroughly involve each and every individual in this process. We are sure we all have immense spirit and energy to prove our commitment, contributing in the shape of huge recovery of bad loans.

Let’s all join together to confront the challenge in improving our asset quality and Bank’s position.

 

With Best Wishes.

 

Yours comradely,

                      

                                                        Shankar Devdare                                S.S. Shishodia

                                                                General Secretary                                  General Secretary

 

                                                                       AIOBEF                                                  AIOBOA

 

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