Annual Subscription ` 30/- Date of Posting 4th of every month Price per copy ` 3/-

Patrika Channel Sorting Office RNI No. MAHBIL/2016/66029

Regd. No. MCN/299/2016-2018

SBOA INFOLINE
“TO INFORM IS TO EMPOWER”.... OUR MISSION IS TO EMPOWER OUR MEMBERS

S. B. I. Officers’ Association
(Mumbai Circle), Ground Floor, State Bank Bldg.,
Mumbai LHO, Plot No. 6/C, G Block,
Bandra-Kurla Complex, Bandra (E), Mumbai - 51.
H. Q. Ph. - 022/67514041, 4042 Fax - 67514043
Website : www.sbioamumbai.com
E-mail : sbioamumbai@gmail.com

u Vol. 2  u  No. 01  u  MONTHLY BULLETIN  u January 2017  u  (For Internal Circulation Only)

We Wish All Our Members And Well Wishers

A Very Happy, Cheerful & Prosperous

Am_À`m gd© g^mgXm§Zm d {hVqMVH$m§Zm

ZwVZdfm©À`m hm{X©H$ ew^oÀN>m
 STATE BANK OFFICIAL
DECEMBER 2015
A iboc Front
PENDING ISSUES OF XTH BPS / INITIATION OF PROCESS
FOR XITH BPS
DEMONETISATION AND ITS IMPLICATIONS ON
BANKING SECTOR
QUOTE:
Our members are aware that our XIth Bipartite
Settlement is due from 1.11.2017. We felt it necessary
to remind IBA for timely initiation of the process in order
to set the ball rolling. In this endeavor, we have sent a
communication Ref No. 2016/195 of date to IBA, asking
them to seek mandate from member banks.
Members are also aware that we are in the process
of resolving the pending issues of the last bipartite
settlement related to amendments in the Disciplinary
and Appeal Regulations. To follow up the matter, we
have sent a communication to IBA, vide letter ref No.
2016/196 of date.
We had already advised our members that a
representation was made to the RBI Governor vide our
letter Ref No. 2016/181 dated 28.11.2016, pointing out
adverse impact on the Banking Industry due to directive
of maintaining 100% CRR on incremental deposits. We
are happy that RBI has announced for the withdrawal
of 100% CRR requirement on incremental deposits
w.e.f. the fortnight beginning from 10th of December,
2016. However, there were some more issues related
to demonetization drive,adversely affecting the Bank
officers, which need redressal. Therefore, we have
sent another communication ref. no. 2016/197 to the
Governor, RBI, on date.
The Executive Committee of our Confederation,
which met on 6th December, 2016 at Bengaluru,
expressed its serious concern over the propaganda to
malign the image of officials of PSBs, for the overstated
statements issued by RBI of supplyingmore than
sufficient new currency notes to the banking sector as
against actual short supply and for the widely shared
informationthat currency supply to the New Generation
Private Sector Banks is favoured at the cost of Public
Sector Banks. Therefore, we strongly took up the case with
the Governor, RBI through yet another communication
ref. 2016/198 on date itself asking to supply us the data
of cash disbursements to top 40 Banks of the country -
2
SBOA INFOLINE  ¤  January 2017
Region/City wise. We have also demandedto immediately
stop unwarranted and exaggerated statements, creating
confusion and mistrust.
The copies of all abovementioned communications,
which are self-explanatory, are attached herewith for
your information and circulation among members.
With comradely greetings,
Comradely Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
***
Letter No. 2016/195 Date: 08.12.2016
The Chairman,
Indian Banks’ Association
Mumbai.
Dear Sir,
SEEKING MANDATE BY MEMBER BANKS FOR
11th BIPARTITE SETTLEMENT
We understand that Department of Financial
Services, Ministry of Finance, Government of India had
asked Public Sector Banks (PSBs) to initiate the process
of negotiations /next wage revision of the employees
and conclude it prior to the effective date i.e. 01.11.2017
vide its communication dated 12.01.2016. After that,
a reminder was also sent on 24.08.16requesting PSBs
to intimate the present status/ action taken by them so
as to conclude the negotiations/ next wage settlement
by the effective date, i.e. 1.11.2017, positively. Lastly
another reminder dated 21.10.2016 seeking the steps
taken was sent. On all occasions copies were marked to
IBA for taking necessary actions.
e, therefore, request you to take immediate
W
steps to ensure that the process in this regard is initiated
immediately, by seeking mandates from member banks
for initiation of the process.
Thanking you,
Faithfully Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
SBOA INFOLINE  ¤  January 2017
Letter No. 2016/196 Date: 08.12.2016
The Chairman,
Indian Banks’ Association
Mumbai.
Dear Sir,
RESOLUTION OF PENDING ISSUES PERTAINING TO
DISCIPLINARY MATTERS SUBMITTED IN XTH BIPARTITE
SETTLEMENT
We wish to draw your attention towards unresolved
issues of Xth Bipartite Settlement, in respect of disciplinary
and vigilance proceedings. Though formal discussions
with officials of IBA took place with our Confederation on
2-3 occasions but no progress was made and the issues
have remained inconclusive till date. We are submitting
the pending issues once again with our views thereon,
with this letter.
Kindly arrange to hold a meeting urgently, whereby
our views can further be clarified to the IBA officials
for taking up at appropriate level. We hope that all our
pending issues pertaining to 10th BPS with regard to
disciplinary matters would be resolved at the earliest so
that no time is wasted on the long pending issues and
we can concentrate exclusively on the issues pertaining
to 11th BPS. It will not be out of place to mention that
D.O.F.S, MOF, Govt. of India has already sent three
communications to PSBs and IBA to ensure to conclude
the negotiation/ next wage settlement by the effective
date, i.e. 1.11.2017, positively.
We expect and await an early response in this regard.
Thanking you,
Faithfully Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
***
Letter No. 2016/197 Date: 08.12.2016
The Governor,
Reserve Bank of India,
Mumbai.
Dear Sir,
DEMONITISATION AND ITS IMPLICATIONS ON
BANKING SECTOR
At the outset, we hail the decision taken by Reserve
Bank of India of withdrawal of 100% CRR requirement
on incremental deposits with effect from the fortnight
STATE BANK OFFICIAL
DECEMBER 2015
beginning from 10th of December, 2016. This will certainly
provide relief to the banking sector which was suffering
without any fault of theirs and for the reasons explained
by us in our letter No. 2016/181 dated 28.11.2016.
However, we did not find any relief on account of
incidence of interest loss due to the maintenance of
100% CRR on incremental demand and time liabilities
w.e.f. 26.11.2016. We would like to once again reiterate
that the incidental expenses due to demonetization –
including additional establishment expenses and interest
loss due to 100% CRR – must be borne by the Government
and this additional load should not be passed on to the
banks which are already bleeding due to policy paralysis
of the Government and harsh provisioning norms of the
Regulator.
You are aware that heavy amounts of demonetized
currency were received and processed during the
period after 8th November, 2016. Pressure of work and
long working hours all these days might have resulted
in shortage or delay in remittances. Even fake notes
might have been processed due to non-availability of
infrastructure and shortage of sorting machines. In view
of the exceptional circumstances, levy of any penalty to the
banks by Reserve Bank of India may further adversely affect
the profitability of the banking industry and also the morale
of its work force. We, therefore, request you not to levy any
penalty in view of special circumstances. Any shortage or loss
due to fake currency should in no case be passed on to the
officers, who otherwise also are not processing either deposits
or disbursements of currency notes and are simply custodians
of the currency overnight.
You will kindly agree that the fear of accountability for
any procedural or processing mistake is the highest in banking
industry. For any loss occurred, even unintentional, the search
of a scapegoat starts. We will request you to issue necessary
guidelines and ensure that there is no witch hunting exercise
against officers in case of any lapse in handling of currency or
credits/debits in the accounts, including Jan Dhan accounts, in
which KYC has been complied. We sincerely hope that a pre-
emptive approach of Reserve Bank of India will go a long way
in maintaining the credibility of the Public Sector Banks and
their employees, who have proved that they are far ahead in
implementing the policies of the Government and Regulators
than their peer New Generation Private Sector Banks.
With best regards,
Faithfully Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
3
 STATE BANK OFFICIAL
DECEMBER 2015
Letter No.2016/198 Date: 08.12.2016
The Governor,
Reserve Bank of India,
Mumbai.
Dear Sir,
DEMONETISATION – ACUTE SHORTAGE OF CASH
DISCRIMINATION AGAINST PUBLIC SECTOR BANKS
We are an apolitical Organisation of more than
2,80,000 Officers working in Public Sector/Private
Sector and Co-operative Sector Banks in India. We
are doing our best to ensure that the demonetization
exercise is undertaken strictly as per the guidelines and
instructions issued by the Regulator and Government
of India. However, we are very much disturbed with
the propaganda unleashed against the Public Sector
and Old Generation Private Sector Banks, pointing out
deficiencies in the services of these banks. Whereas,
enormous irregularities and violations of the guidelines
reported in New Generation Private Sector Banks are
deliberately hidden from being made public.
The Executive Committee of our Confederation,
which met on 6th December, 2016 at Bengaluru,
expressed its serious concern over the mismatch between
the statements issued from your Office that more than
sufficient supply of new currency notes is being made
to the banking sector and the actual supply received by
them, particularly in ‘B’ & ‘C’ class cities. Insufficient
supplies made to the Public Sector Banks is exhausted
in the first two hours only and for the remaining day,
the bank officials are left to face the anguish and wrath
of public who holds them responsible for the shortfall.
Besides, it is also widely talked that the currency supply
to the New Generation Private Sector Banks is favoured
at the cost of Public Sector Banks. Therefore, it is all
the more necessary that the position is clarified by
supplying us the data of cash disbursements to top 40
Banks of the country - Region/City wise. Nevertheless,
our request and demand from you is that unwarranted
and exaggerated statements which are creating
confusion and mistrust, are stopped, immediately.
We, on our part, assure best of our efforts in carrying
onthe exercise of demonetization,
Thanking you,
Faithfully Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
4
SBOA INFOLINE  ¤  January 2017
XITH BPS – DELAY IN INITIATION BY IBA / BANK
MANAGEMENTS
OUR STRONG FOLLOWUP-DFS INSTRUCTS
MANAGEMENTS / IBA ONCE AGAIN
Lot of confusion is being created through the social
media, like Watsapp and Facebook, particularly by Officers
who are members of a couple of tiny organizations. They
seem to have no access to our communications and are,
therefore, stating that there is delay in next wage revision
process because Trade Unions are not ready with their
‘Charter of Demands’. We request our members to ignore
such under informed/ misguided sources.
You all are aware that our Confederation has been
regularly following up with the Department of Financial
Services (DFS) and IBA for immediate initiation of the
process of negotiations so that the next Settlement could
be made effective from 01.11.2017 i.e. the date when
it is due. With our follow ups, DFS, Ministry of Finance
had already sent three communications on 12.01.2016,
24.08.2016 and 21.10.2016. Since no progress was visible,
we once again took up the issue very strongly with DFS,
Ministry of Finance, vide our letter dated 20.12.2016,
which was hand delivered on the same day. Copy of the
acknowledged letter is attached with the Circular.
We feel pleasure in informing you that DFS took
immediate cognizance of our communication and on the
very next day, they have once again directed the Chief
Executives of all Public Sector Banks and IBA to expedite
the steps to be taken for the next wage revision. Copy
of the communication of DFS dated 21.12.2016 is also
attached with the Circular.
We are sure that this issue will be placed and
discussed in the Management Committee Meeting of IBA,
which is scheduled to be held on 30th December, 2016.
We would also like to inform our members that AIBOC
is ready with its ‘Charter of Demands’ and the same
has already been discussed in the Executive Committee
Meeting of the Confederation held on 6th December,
2016 at Bangalore. All aspirations of our members
have been taken care of in the ‘Charter of Demands’.
We reassure you all that you will not find us lacking in
pursuing this important agenda.
With warm greetings,
Comradely Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
SBOA INFOLINE  ¤  January 2017
federation Front
DELEGATION OF THE CONFEDERATION MEETS
HON’BLE MINISTER OF STATE FOR LABOUR &
EMPLOYMENT MEMORANDUM SUBMITTED
AND FRUITFUL DISCUSSION HELD
The charter of demands sub-committee of the AIBOC
met at the AIBOC Office, Delhi on the 28th November
2016, and shared the details with the President Com.
Y.Sudarshan and the General Secretary Com. Harvinder
Singh. The committee was represented by Com. Franco
Rajendra Dev, Com.Manimaran, Com.Dilip saha, Senior
Vice Presidents of AIBOC and Com. J.D.Sharma. There
were detailed discussions on the various aspects of wage
negotiation and on the draft charter of demands.
Over the last couple of weeks we had been
attempting to get an appointment from Shri Arun Jaitley,
the Hon’ble Finance Minister. The efforts are still on . In the
meanwhile, during the meeting of the charter of demands
STATE BANK OFFICIAL
DECEMBER 2015
********
, the president and General Secretary of Hyderabad circle
Com. B.Sukkaiah and Com. Subramanian volunteered to
arrange a meeting with the Hon’ble minister of State for
Labour and Employment, Shri Bandaru Dattatreya. We
were successful in getting the appointment and hence,
the undersigned along with Com. Harvinder Singh, Com.
Franco Rajendra Dev and Com. Ravinder Gupta went to
the office of the Labour Minister
The Memorandum was prepared and we waited
at the office of the Labour Minister. However as the
Hon’ble Minister was busy, the undersigned and com.
Franco had to leave to the Airport. Com. Harvinder Singh
and. Com. Ravinder Gupta, General Secretary SBIOA-
Delhi Circle and Jt.GS of AIBOC, stayed back and met the
Hon’ble Labour Minister and the Joint Secretary and had
detailed discussion on the agenda items mentioned in
the memorandum which was very fruitful.
5
 STATE BANK OFFICIAL
DECEMBER 2015
We enclose here with the Text of the AIBOC
Circular No.70 dated 1st December, 2016 along with the
Memorandum.
TEXT
QUOTE:
Our Confederation has been pursuing the issues
of improvement in superannuation benefits, delay in
appointment of Officer Nominee Directors, enhancement
in gratuity ceilings through letters, representations and
meetings with concerned authorities for early resolution
of the same. These issues had been listed in the Strike
Notices served by our Confederation to IBA and Bank
Managements. You are also aware that one of the
reasons for deferment of our Strike of 2nd September
2016 was the specific appeal made by the Hon’ble MoS
with the assurance that our issues will be discussed and
resolved. Accordingly, we sought an appointment from
Shri Bandaru Dattatreya, the Hon’ble Minister of State
for Labour & Employment. We are pleased to inform
you that a meeting was held on 28th November, 2016
in the chamber of Hon’ble Minister. The undersigned
alongwith Com. Ravinder Gupta, Jt. General Secretary of
our Confederation, submitted a Memorandum(annexed
to the circular) to him, highlighting our pending issues
and also requested for early discussion on 11th Bipartite
Settlement and its implementation from the day on
which it is due. Hon’ble Minister directed his officials to
have a detailed discussion with us on the issues covered
in the Memorandum. Our discussion lasted for more
than two and a half hours. We are extremely happy
that the officials took keen interest on the subject and
immediately initiated the steps required in this regard.
On the issue of enhancement of gratuity ceilings,
we were informed that a tripartite meeting is required
to be held in which the Chamber of Indian Trade &
Industry will also participate. After seeking the consent
of Hon’ble Minister, officials assured us that they will try
to convene the meeting in the next month. On the other
issues, officials assured us that a communication will
be sent to Department of Financial Services with their
strong recommendations to resolve the issues. It was also
assured to us that Hon’ble MoS will personally speak to
the Hon’ble Minister of Finance, Shri Arun Jaitley and will
persuade him to resolve our issues/grievances. Further
development in this regard shall be advised to you.
With warm greetings,
Comradely Yours,
Sd/-
(HARVINDER
SINGH)
GENERAL SECRETARY
UNQUOTE :
6
SBOA INFOLINE  ¤  January 2017
WORK FROM HOME CONCEPT
The concept of work from Home was a major
demand of the Federation, especially for women officers.
As mentioned earlier and in all our meetings, the Bank
has decided to carry this issue forward. Accordingly, they
are on the subject and are in the process to formulate the
“Work from Home/anywhere policy on HR initiative for
all its employees that will allow certain roles, based on
technology and other dependencies, to work from off-
site locations.
2. Accordingly, the Bank has partnered with KPMG
to conduct a feasibility study and are conducting
a survey to study the various roles.
T he Bank has therefore sought opinions in
https://wfh.statebanktimes.in
3. We request you to pass on the message to all our
comrades to give their positive feedback by 8th
December, 2016. For doubts and in case of
difficulty they may please contact Mr.Vikrant
Vaish, Mobile No. 7718814593 for
clarifications.
4. We shall keep you informed of
the developments and let us ensure that the
concept of work from Home / Anywhere
becomes a reality as per the dreams of the
Federation.
Thanking you,
***
FREQUENT CHANGE OF GROUND RULES IN CCEPTANCE
OF SBNS BY BANKS CONFUSION CREATED DUE TO
MULTIPLICITY OF INSTRUCTIONS
As you are aware, the RBI had issued fresh
instructions on 19.12.2016 with regard to deposits of
old currency notes into the account of customers. The
norms stipulated by RBI had virtually created confusion
amongst the officers of the Bank, as they had to step into
the role of investigating officers.
2. The Bank officers were over burdened by s t r e s s
of work, especially single officer branches, currency
chest branches and other branches, where the
officers work nearly 10 hours a day. The AIBOC had
taken a decision to protest against the frequent
change in rules, which would put the Bank officers
into the hazard of accountability and make them
scape goats unnecessarily.
3. It has been decided that the State committees
of AIBOC will hold demonstrations near the Reserve
Banks today protesting against the whimsical directions.
SBOA INFOLINE  ¤  January 2017
4. We are happy to announce that the RBI has
withdrawn the confusing instructions, consequent
upon the strong protest letters given by the AIBOC
to the Governor of RBI, Finance minister etc. We
have also demanded adequate supply of cash to
Public Sector Banks to mitigate the woes of the
customers and ensure smooth flow of currency.
5. Apart from that, we have demand that due to its
implimentational hazards, innocent officers should
not be unnecessarily harassed.
6. Despite the ‘U’ turn by the RBI, AIBOC has decided
that the demonstrations will be held today &
adequate publicity through press release/press
meet etc., should be done to highlight the hardship
faced by the customers, Bank employees and the
officers.
7. We are herewith appending the AIBOC Letter
No.200/2016 dated 21.12.2016 addressed to
the Governor of RBI, Press release and the RBI
notification for your reference.
TEXT
QUOTE:
We invite your kind attention towards our earlier
communications on the various issues and challenges
before the bank officers in exchanging of SBNs and their
acceptance for deposit in the accounts. The multiplicity
of instructions issued, the multiple authorities issuing
these instructions and the short notice to implement
the same - have created a total confusion and chaotic
situation. The speed with which the newer instructions
for exchange and acceptance for deposits of SBNs are
issued are much faster than the capabilities of the bank
officers to read, understand, interpret and implement
them. There remains huge time gap between the issuance
of instructions and the actual implementation due to
technical modifications required in the systems leading
to confusions and avoidable conflicts and dissatisfaction
amongst common masses. The sword of accountability
has unnerved the hapless bank officers as never before.
The recent communication dated 19/12/2016 has
added further stress on the over-burdened officers.
These instructions:
a. Have made the banker an enemy vis-à-vis
the customers. As against the earlier
declaration of the Prime Minister of India to
accept all deposits upto 30/12/2016 without
any hitch (except that they have to
STATE BANK OFFICIAL
DECEMBER 2015
substantiate the source to the relevant
authorities), the U-turn has not gone well
with the customers who are presently
questioning the bankers.
b. Have thrust the role of an investigator or
vigilance officer on the bankers. Instead
of conducting the banking business, bankers
have now to assess the source, the reasons,
the causative factors, satisfy themselves
with the explanations of the customers
and also authenticate (by two officers as
against the availability of only one officer
at various single officer branches) the
depositions of customers, while facing the
hostility of the customers.
c. Have added burden of receiving ‘the
satisfactory explanation’ and reasonableness
of the disclosures of the depositing public.
‘Satisfactory Explanation’ has not been
defined and hence it will lead to arbitrariness
and add to the woes of bankers.
Bankers are not expected to play the role of investigating
sleuths or IB, ED and CBI officers at the busy counters. They
are already pressed for their time due to heavy workload
amidst scarce manpower. The vagueness of the words
‘the satisfactory explanation’ would push the officers of
the banks into unwanted accountability net in the days to
come and dampen their spirits despite their unmatched
contributions – post demonetisation. Once the customer
deposits the monies in the accounts, the concerned
authorities can investigate all such transactions at leisure
and detail. In the backdrop of the host of problems faced
by the officers’ community in handling the depositing of
SBNs, we demand the following:
a. With hardly 10 days left for the process, no
additional burden (unrelated to Banking duties)
be loaded to the stressed bank officers
in accepting the deposits of SBNs for the
remaining period.
b. The instructions issued vide the RBI
communication dated 19/12/2016 must be
withdrawn forthwith as the banker shall not
carry out the duties of CBI/ED/IB at the busy
counters.
c. No accountability should be fixed on the bank
officers in this respect as they are thrust with
a role not expected of him.
7
 STATE BANK OFFICIAL
DECEMBER 2015
Having demanded as above, we strongly feel that
withdrawal of the instruction itself will only confirm
the PM’s statement to the public on 08/11/2016 and
improve public confidence in the banking system and
reduce the hardships faced by the officers at counters.
We are sure, you will respond positively to this demand
of AIBOC. Failing this we may be constrained to call for
collective action resisting the unreasonable expectations
from bank officers.
Thanking you,
Faithfully Yours,
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
CC:The Secretary,
Department of Financial Services,
Ministry Of Finance, New Delhi.
***
PRESS RELEASE
Ever since the announcement of demonetisation
of high value currency notes of Rs.500/- and Rs.1000/-
, the Bank Officers and employees are under huge
stress despite their working hard for 12-15 hours. The
customer dissatisfaction is increasing because of chaos
and confusion created in implementation of the scheme.
Bank Officers are being subjected to the anger, anguish
and wrath of customers/general public due to short
supply of currency notes to the banks, particularly to
Public Sector Banks. Frequent changes in the instructions
are adding salt to the wound. Banking system itself is
losing credibility because of RBI/Government policies.
The recent communication dated 19.12.2016 has
messed up the whole system. On the one hand, the
general public is feeling cheated and on the other hand,
the Bank Officers being clueless about the implementation
of these instructions, are feeling harassed. In view of
the ambiguity of the communication, the responsibility
of investing agencies like IB/Regulator is being thrusted
upon them. The large scale fears of accountability on a
future date because of recording of the statements of
customers and the responsibility of Officers to take a
decision on the genuineness of the statement are not
unfounded and cannot be accepted at any cost. Rejection
of any statement of a customer by the Bank official is
leading to direct conflict and manhandling of the Bank
officials. The customers are confronting the officers and
seeking explanation as to why the statement given by
Hon’ble Prime Minister and Finance Minister that these
8
SBOA INFOLINE  ¤  January 2017
notes can be deposited till 30th December, 2016,is not
reason enough!
Many communications sent to RBI/Government by
our Confederation on various issues raised by us along
with suggestions given for the smooth implementation
of the scheme, remain unresponded. The irregular /
inadequate supply of cash to Public Sector Banks while
favours being rendered to Private Sector Banks needs
to be justified by RBI. We once again demand from the
RBI to provide us the citywise / bankwise position of
cash supplied to Public Sector and Private Sector banks
on daily basis as well as to increase the supply of small
denomination currency notes to mitigate the hardships
of the customers.
We have today demanded that RBI must withdraw
its communication dated 19.12.2016 as the bankers shall
not carry out the duties of CBI/ED/IB at the busy counters
of the Banks. We are holding demonstrations all over the
country in front of Reserve Bank of India offices at 5.00
p.m. today. If these instructions are not withdrawn, then
our Confederation may give a call of collective action,
resisting the unreasonable expectations from Bank
Officers.
Sd/-
(HARVINDER SINGH)
GENERAL SECRETARY
***
LETTERS FROM FEDERATION TO CORPORATE CENTRE
MANAGEMENT & GOVERMENT AUTHORITIES
No: 8656/97/2016 Date: 03.12.2016
To,
The Deputy Managing Director & CDO,
SBI, Corporate Centre, Mumbai
Dear Sir,
DE-MONETISATION
The Government of India introduced the De-
monetisation scheme on 8th November 2016. Our officers
and Employees across the country have been working
very hard, putting in long hours only to cater to the huge
crowd of customers and public. Officers in currency chests
are working for more than 15 hours a day. They have
all responded to the situation in an exemplary manner.
1. De-monetisation has flooded our branches
with deposits. Large number of Savings Bank
Accounts are being opened. Branches are
having more cash than their retention limit.
Storage of currency has become a major issue
for want of space. The transit insurance cover
SBOA INFOLINE  ¤  January 2017
for the remittances which is equal to the cash
retention limit falls short of the actual cash
being shifted. Currency Chest Branch’s
and CAC’s are suffering from acute shortage
of staff, shortage of sorting machines, note
bundling/wrapping machines etc.
Under circumstances we suggest as under:-
1. Insurance cover for cash in transit and,
simultaneously the cash retention limit has
to be enhanced temporarily till such time
normalcy is restored.
2. Security to be increased at currency chest
branches and other branches in remote
areas, terrorist affected areas, sensitive and
riot prone areas and for cash remittances,
as there have been innumerable instances of
dacoity pilferage, cash vans being waylaid etc.
3. Cash vehicles need to be insured adequately
for the amount being transported and not
under insured.
4. Arrangements to be made immediately to
supply cash/lift cash from our nearest
currency chests to many of our branches
which are linked to currency chests of other
Banks in case of need for cash/Shortage of
Cash etc.
5. Officers/Award Staff from administrative
offices may be deputed to branches to meet
the rush during first week of December.
6. Please instruct the Circle Authorities not to
call officers on Sundays and Holidays for
other work like recovery melas, DRT, Society
Connect, NPA recovery, Housing Loan melas
etc as our officers are already overburdened
and badly need a break on holidays.
7. The Risk focused inspection & Audit (RFIA) of
branches was deferred till 30-11-2016. We
request that this may be deferred till
31-12-2016, as the branches can in no way Cater
to RFIA during this period of crisis.
8. The KRA’s were allotted to officers as late as at
the end of October 2016. The months of
November and December has totally
disrupted the KRA’s of Officers as nothing
else other than de-monetisation and
managing the huge inflow of customers
and public could be even thought of by our
STATE BANK OFFICIAL
DECEMBER 2015
officers. Therefore the KRA’s exercise may
be put off and a KRA holiday may be given till
such time the situation normalizes. Every
single officer has worked with frenzy in
handling this warlike situation and in total
sync with the Branches/Admin office Team.
Hence differentiating on the basis of the CDS
scores and incentivising only a few officers
would hurt the sentiments of all the officers
who have, unmindful of their CDS scores
ensured that their responsibility to the nation
is discharged fully.
9. We request you to Please convey to the
circles to pay the agreed compensation to
officers who are sitting very late /coming on
holidays especially at currency chest branches
and for ATM loading etc., till the situation eases.
3. We hope that, the above suggestions would
be implemented so as to protect the interests
of the Bank and our officers.
With greetings,
Yours faithfully,
SD/-
(Y.SUDARSHAN)
GENERAL SECRETARY
***
WELFARE ACTIVITIES INCLUSION OF ELITE INSTITUTES
IN THE LIST OF APPROVED INSTITUTIONS
As you are aware, under the SBI Scholar Loan
Scheme, Education Loans are sanctioned to the students
securing admission to elite institutions in India like IIMs,
IITs, NITs and other institutions of National repute. As on
date, 126 Institutions are covered under this scheme.
2. We had earlier written to Corporate Centre Vide
letter Nos. 6523/49/15 dated 09.09.2015 and
6810/87/2016 dated 17.09.2016 addressed to DMD
& CDO, for inclusion of many institutions of repute
at various circles, which were not included in the
list and circularized the same through our Circular
No. 120 dated 17.09.2016. We have to advise that
the Bank has now requested for recommendations
from circles in the prescribed format vide their
Circular No. NBG/PBU/PL-Education/67/2016-17
dated 23.12.2016.
3. The standard format for use by Circles, for sending
the proposals/recommendations is enclosed as
Annexure – I to the captioned Circular.
9
 STATE BANK OFFICIAL
DECEMBER 2015
4. We request all our affiliates to impress upon the
Circle Management to send their recommendations
in the said format immediately to enable us to
pursue the matter further. You may identify the
names of such Institutions at the circle level and
give a letter to the Circle Management for onward
transmission to the Corporate Centre and follow up
the same at the Circle level.
5. Your immediate personal intervention is requested
in the matter.
***
No.6547/103/16 DATE: 29.12.2016
To,
Shri.Narendra Modi,
Prime Minister of India,
Government of India,
NEW DELHI.
Respected Sir,
AN APPEAL FOR EXTENSION OF ENHANCED GRATUITY
CEILING TO OFFICERS IN STATE BANK OF INDIA
We convey our thanks to the Government of
India for having reposed tremendous confidence in the
ability of the employees and officers working in the
banking industry for the successful implementation of
Demonetization Scheme announced by the Government
during the month of November and December 2016. Our
colleagues in the Banking industry have taken up this task
despite several hardships to them. State Bank of India,
the premier banking institution in the country, has been
in the forefront in ensuring successful implementation
of all the Government schemes like the Jandhan Yojana,
Mudra Loan Scheme, all the insurance and pension
schemes of the Government and Adhaar Card linkage
etc.
2. We have been requesting the Government for
the extension of the enhanced ceiling of Gratuity
extended to the Government employees, to our
employees and officers also with effect from
1.1.2016. Our request was forwarded to the
Government by the Management of the Bank as
well. We had also requested the intervention of
the Labor Minister in this regard. We now request
your intervention in the matter for taking necessary
steps for enhancement of Gratuity Ceiling from
Rs.10/- lacs to Rs.20/- lacs, on par with the Central
Government employees, effective from 1.1.2016,
10
SBOA INFOLINE  ¤  January 2017
which will be of a great help to the retiring officers
and employees of the Bank.
Thanking you,
***
No: 6523/102/2016 Date: 29.12.2016
To,
The Deputy Managing Director & CDO,
State Bank of India, Corporate Centre,
MUMBAI - 400 021.
Dear Sir,
VEHICLE / CAR LOAN SCHEME FOR STAFF
After the demonetization, as the footfalls have
dropped and as demand for car’s have come down due to
liquidity crunch, the Bank has now allowed 100% finance
on ‘On –Road Price’ of cars vide e-circular No.NBG/PBU/
Al-CARLOANS/19/2016-17 dated 21.12.2016.
2. We request you to extend the same facility to our
officers also, including the cost of Insurance and
Registration etc.
Please do the needful.
With greetings,
***
No: 6523/105/2016 Date: 29.12.2016
To,
The Deputy Managing Director & CDO,
State Bank of India, Corporate Centre,
MUMBAI - 400 021.
Dear Sir,
PERSONAL OVERDRAFT FOR STAFF
In view of the reduction in cost of funds, the
prevailing rates of interest to general public and the
comfortable funds position and considering that the staff
advances are fully secured and safe we request that-
1) The personal OD limit may be enhanced to 15 lakhs
2) The rate of interest may be reduced in tune with the
current trends and cost of funds.
This will go a long way in motivating the staff and helping
them in tiding over liquidity crisis and financial problems
when they go for purchase of a new house, education /
marriage of children etc.
Please do the needful.
With greetings
SBOA INFOLINE  ¤  January 2017
No:6528/106/2016 Date: 29.12.2016
To,
The Deputy Managing Director & CDO,
State Bank of India, Corporate Centre,
MUMBAI - 400 021.
Dear Sir,
INTEREST RATES ON INDIVIDUAL HOUSING LOANS
(IHL)
After the demonetization, the Bank is now flush with
funds. It is also true that the cost of funds has come
down substantially. Under circumstances we suggest the
following
a. The interest rates on Individual Housing loans for
staff may be reduced.
b. Presently probationary officers are eligible to avail
housing loans only after completion of 5 years. This
may be reduced to 2 years (on confirmation), as the
coverage can be increased and the commitment
levels of the young officers can be enhanced.
c. As the housing loans are 100% secured, and as the
loan amounts have been increased, the Bank may
waive the margin stipulation and provide 100%
housing loan to staff.
d. Presently there is a stipulation of 60:40 for eligibility
for loans. The logic is that a minimum of 40% is
required for subsistence. Now because of higher
wages and as the 11th bipartite in the offing, the
stipulation may be 75:25 instead of 60:40 ratio.
Please do the needful.
With greetings,
***
No.6180/107/16 DATE: 29.12.2016
The Chief General Manager(HR)
State Bank of India, Corporate Centre,
MUMBAI- 400 021.
Dear Sir,
CAREER DEVELOPMENT SCHEME:
MEETING ON 20-12-2016
As per the discussions held on the 20th of December in
respect of the C.D.S. and as requested by the GM (HR),
we furnish herewith some of our observations and
feedback on the working of the CDS during the first year
of its implementation and append our suggestions for
improvement of the same.
STATE BANK OFFICIAL
DECEMBER 2015
2. The first year of implementation- Our
observations:
(a) The KRA’s were allotted during December,
2015(b) Officers could not cope
up and adjust their past performance to the
back dated KRA’s. Hence during the remaining
three months, they were unable to align their
performance with the KRA’s. Towards the end,
KRA’s were virtually forced on officers.
(c) Because of various Government schemes and
Banks own initiatives like the Jandhan, Mudra,
Various Suraksha Yojanas, Atal pension Yojana,
linkage of Adhar card, De-duplication etc.,
officers could not concentrate on their KRA’s.
(d) Many officers were on Deputation and also
due to mid academic transfers; their work
schedule and routines were disrupted.
(e) RMRO’s and specialist officers were utilized
for jobs like Branch Managers, Accountants,
Cash officers etc., outside their KRA’s, out
of compulsion and hence their marks were
erratic.
(f) Agricultural Budgets/KRA’s were on a monthly
basis, whereas returns and recovery is based
on harvesting season etc.
(g) The issue of multiple bosses and multiple
instructions created conflict and confusion.
(h) There was confusion about Cohorts.
(i) The shortage of staff added to the misery.
Officers were not posted according to the
categorized norms. Though re-categorisation
of branches was erroneous, even that was not
adhered to.
(j) There were innumerable technical problems.
3. Due to the above issues many deserving officers
who were top performers during their entire career
of two or three decades were suddenly relegated to
‘average performers’. It is very sad, that the CDS
scores and grades threw up many `AAA’s in all circles
for officers who were on sabbatical leave, on
suspension, some were even removed and
not in service anymore or were facing severe
disciplinary charges. There were many cases
of below average performers with salaries being
withheld for unauthorized absence etc., and other
such activities unbecoming of an officer, getting
`AAA’ and consequently huge incentives and
monetary benefits.
11
 STATE BANK OFFICIAL
DECEMBER 2015
4. Such instances at all circles have shaken the faith
of the officers in the system and such examples
have become a talking point everywhere.
5. We had requested and were assured that monetary
incentives will not be given in the first year,
especially when the system itself had not stabilized.
It is precisely for these reasons that ‘3 out of 4’ best
marks were taken for promotion exercise so as to
minimize the impact of the erratic CDS scores/grades
of the first year. Payment of monetary Incentives
could have waited. The hurry in implementation
of monetary incentives has really hurt the scheme
itself and more so the sentiments of all concerned.
Rewards and recognition was the intention. But the
right candidates have not got it because of faults
in the system, and have sent, totally, wrong signals.
Attrition amongst youngsters is increasing.
6. Ours is a service industry. Officers have to do
unscheduled and unstructured jobs all-round
the year to keep the Bank running and to attend
to various customer demands, unlike in a
manufacturing/software Industry. The signals that
emerge today and the message of CDS is that – ‘If
one concentrates only on his KRA’s he gets AAA.
Ultimately, in an environment of competition,
officers will only do their KRA’s in order to get AAA
and not bother about other areas of work which
don’t contribute to their marks.
7. Such a situation is harmful to the Bank in the long
run. Demonetization has shown how our officers
rise up to the occasion as a team. Unmindful of their
KRA’s they have exceeded expectations. They always
work as a TEAM. Dividing them on performance
evaluation which has not yet stabilized is not good
for the Bank.
8. Under circumstances we have the following
suggestions:
1. (a) The grievance redressal Mechanism has to be
strengthened and made more effective. The
number of officers in the cell at circles has to
be increased.
(b) A grievance cell can be created at the
corporate Centre or Belapur with sufficient
number of officers who can track and sort out
issues/technical issues satisfactorily, as careers
of officers are at stake. This will increase the
comfort level of officers.
(c) There has to be a TAT for such grievances at
circles as well as central cell at corporate
centre. Internal customers (staff) need to
be treated at par with external customers.
Keeping their morale high is good for the Bank.
12
SBOA INFOLINE  ¤  January 2017
(d) The post of AGM, CDS at circles has only
become an ornamental post. It has to be
integrated with the grievance cell.
(e) The cell should be empowered to handle
technical issues as well.
2 (a) The 3% discretion given to circle CGM’s
has to be increased to 10%. This will avoid lot
of anomalies and will provide corrective
solutions to the otherwise complicated
technical issues of CDS.
(b) The DGM(B&O) of Modules should be given
discretion of 10% for correction of scores,
as nobody knows their officer’s worth in
terms of skill levels, commitment, sincerity,
hard work, innovativeness and creativity,
better than the DGM’s/controllers. Therefore
in case of any faulty score it can be corrected
and will save heartburn. The scheme also will
be more acceptable.
3. The CDS grades/scores for promotion exercise of
the year 2017 should be 2 out of 4 (2 best out of 4
marks) as this year, 2016-17, is also characterized by
lot of issues like :–
(a) KRA’s allotted only during October, 2016.
(b) November, December, January month’s
performance has been affected due to
demonetization. All Officers are involved only
in Demonetisation, Digitalisation, popularizing
alternate channels, POs, buddy etc. This will
continue for another couple of months.
(c) If mergers take place, then the Associate Bank
Officers will not be on a level playing field
vis-à-vis officers of SBI.
4. We suggest that there should not be any ‘C’ grade
till the system stabilizes and till officers’ gain in
confidence in handling CDS/KRA’s etc.
5. The hurdle score has to be realistic.
6. (a) Till the system stabilizes, Individual Incentives
should not be given. It will cause more harm
than motivation. Instead team incentives may
be given.
(b) If at all individual incentives are to be given, it
should cover AAA, AA and A. May be a lesser
amount may be given covering all officers upto
A. Individual awards may be given for Top
performers like the already existing Chairman’s
Club, Ranks, other forms of recognition, awards
etc. This will help spread happiness and create
a more congenial atmosphere of motivation as
well as competition.
SBOA INFOLINE  ¤  January 2017
7. Measurable roles like those at branches and
operations need to be given due leverage and
proper adjustments in their scores through flexible
achievement ‘band width’, within which they should
be considered as having achieved the target.
8. There has to be a Mid-year Review and a feed-back
mechanism to enable an officer to rectify his scores.
9. There has to be a provision for Appeal and review.
Only after the appeal is disposed-off, the scores are
to be recorded in the service sheet.
10. KRA’s should be settled across the table by the
controllers/ DGM B&O etc. as the case may be,
within the overall guidelines and thrust areas given
by the Corporate Centre.
11. There should not be any multiple bosses or
controllers’ giving contradictory guidelines and
directions, as the officer is unable to prioritise.
All instructions/targets should be routed through
the Branch Manager only. The Branch Manager’s
authority should be respected.
12. (a) Where officers are on deputation, their
performance in both the places has to be
provided for. Alternatively the average
scores at his home branch should be taken for
his deputation period.
(b) Similarly when a person is on leave due to
some exigency, the average marks for the
period he has worked to be taken for his leave
period.
(c) When there is a delay in allotment of KRA’s,
the marks obtained after the period of
allotment should be averaged and spread over
to the period before allotment of KRA’s.
13. There has to be a provision for natural calamities,
droughts and sudden announcement of schemes
by the Government like demonetization etc., which
will disrupt the KRA’s.
14. For Agricultural branches/areas, annual targets &
KRA’s should be considered with flexible options
and not a 3 monthly KRA’s.
15. Specialist officers and RMRO’s should strictly not
be posted in roles outside their KRA’s as this will
weaken their scores and put them at a disadvantage.
16. Cross Selling should be delinked from KRA’s.
Separate verticals should be created for cross selling
as it leads to unhealthy trends.
17. There has to be a provision for a 270 degree
review, where an officer should rate their bosses
and controllers, as this will lead to an unbiased
assessment and a fair review.
18. CDS should not be linked to extension of service
STATE BANK OFFICIAL
DECEMBER 2015
and transfer policy as this is against bilateral
understandings.
19. Categorisation of branches should be revisited
and officers and award staff should be posted as
per categorized positions only, else a situation of
staff shortage at different branches will distort the
cohorts.
20. Proper cohorts for SBLC trainers to be provided.
21. The CDS scores of 2016 which had many technical
errors should be reopened for a one time correction
of anomalies.
22. There has to be a provision for VVR Checking,
attending to Non home branch transactions,
Customer service, ambience, court cases,
relationship with staff etc. and many other non KRA
areas when an officer needs to attend to keep the
branch running.
23. There are many roles for which KRA’s need to be
factored like – CM Wealth Management, NRI CM
LHO, Technical Officer LHO, Officer on Special
duty (OSD), AGM Complaints, AGM OTMs (Online
transaction monitoring system), AGM E-Commerce,
Programmers, Officers migrated from foreign
assignment, AGM Tatkal in PBBU, AGM Surveillance,
AGM Phatka, Consultancy cell in SME, Tab Banking
nodal officer etc.
24. Last year’s roles were closed but grades are not
given to many officers in each circle (more than 100
in each circle) – Eg., Hyderabad 188, Bangalore 110,
etc., For no fault of theirs, they should not suffer.
25. The impact of mergers on CDS has to be appropriately
and scientifically devised so as to provide a level
playing field.
26. A proper feedback and an ‘employee satisfaction
survey’ need to be undertaken to take feedback
from employees/officers. Preferably an outside
agency like IIM may be involved.
27. Due to demonetization, the officers have not been
able to attend to their KRA’s in a proper manner.
This situation is bound to continue till March,
2017; which may lead to improper evaluation of
performances vis-à-vis their KRA’s and cohorts.
Therefore we sincerely suggest that a ‘CDS
Holiday’ be given for the year 2016-2017.
9. Sir, we have interacted with grassroot level officers
and top executives of the Bank and collected the
above mentioned observations. We hope that they
would be looked into positively keeping in mind
the long term implications, its impact on the moral
of the officers and for the success of the scheme.
With regards,
13
 STATE BANK OFFICIAL SBOA INFOLINE  ¤  January 2017
DECEMBER 2015

SBOA PUBLIC SCHOOL, NERUL, NAVI MUMBAI

Report Of The Annual Day Programme

SBOA Public School, Nerul celebrated its Annual Days The various achievers in academics, sports, dance,
on 22nd and 23rd December. The function on the 22nd drama were felicitated by the chief guest, the chairman of
of December was presided SBIOA Education Society Shri
over by Shri Jayanta Deb Anil Nare & the secretary of
Majumdar, Dy. General SBIOA Education Society Shri
Manager, State Bank of India. Ram Kumar Sabapathy.
The theme for the The programme ended
programme was ‘Daudta on a high note with a call for
Bhagta BACHPAN’ social change and peace.
T he challenges that Kalpana Rishi
street children and orphans Head Mistress
face was also highlighted.
23rd December was the
grand finale.
The function was graced by Commissioner of Navi
Mumbai Municipal Corporation, Shri Tukaram Mundhe.
The theme was Nava Rasa – Rasa is the invisible
substance that gives life meaning.
A Skit Hum Honge Kaamyaab – Winner of Inter-
School Skit Competition 2016 conducted by Rotary Club,
depicted various social issues and tries to pave the way
as to how we can achieve our Constitutional goals.

14
SBOA INFOLINE  ¤  January 2017
MEMBERS COLUMN
Xwgam d Mm¡Wm e{Zdma gwÅ>r..........!
{Zdm§V, aå` Aer Xwnma. ~mhoa n‹S>Umam
[a‘{P‘ nmD$g ....... N>mZg¨ nwñVmH$ KodyZ ~mbH$ZrV
~gmd§........ eoOmar Yw§X Ag¨ AmemM§ g¨JrV ..... Am{U
Ja‘ Ja‘ H$m§Xm^Or, Mhm .........! Ag¨ gJi§ dU©Z
IwnM Tempting, hd hdg¨ dmQ>V` Zm§...... ..? Vwåhr
Amåhr AmnU gJio amoOÀ`m² ~±Ho$À`m {XZM`}V J‹T>bobo
AgVmo, Voìhm Vwåhr åhUmb Hw$R>o doi {‘iVmo` Ag¨
H$mì`mËåH$ Am`wî` OJm`bm ........ ..!
AmVm ‘mÌ eŠ`§ Pmb` H$s WmoS§>’$ma ...... ..!
Xwgam Am{U Mm¡Wm e{Zdma (2nd & 4th ) gwÅ>r Omhra
Pmbr Am{U g‘ñV ~±H$ H$‘©Mmar, ({deofV: ‘{hbm)
Oam gwImdbo. EH$ a{ddmaMr gwÅ>r Va AmR>dS>m^amMr
VOdrO H$aÊ`mV g¨nyZ OmVo..... ‘mÌ gbJ 2 {Xdg
e{Zdma - a{ddma {‘imbo Va EH$ {Xdg Z¸$s> Cn^moJVm
`oVmo.
‘mZdr ‘Z ‘mÌ {H$Vr M§Mb AgV§ .... 2nd
& 4th e{Zdma gwÅ>r gwê$ Pmbr Am{U Amnë`mbm 1st
Am{U 3rd e{Zdma full day working H$go ZH$mogo
ìhm{`bm bmJbo. Am{U H$mhr doim `oUmam 5dm e{ZdmaMm
Va {H$Vr amJ H$am`Mm ..... ! e{Zdma H$gm Half
Day hdm ......, BVŠ`mr dfmªMr Half Day e{Zdma
Mr gd`...... Am{U AmVm Vã~b 7.00 Vo 7.30 n`ªV
H$m‘ ..... ! na§Vw øm nyU© e{ZdmaÀ`m ‘mo~Xë`mV Va
Amnë`m nXamV Xwgam d Mm¡Ï`m gwÅ>rM ‘mn n‹S>b`
Zm§...... Ë`mMm ‘mÌ Amnë`m.bm {dga n‹S>Vmo.... Am{U
øm M§Mb ‘Zmbm gJioM e{Zdma Am°’$ Amgmdo Agm
‘moh doTy>Z Q>mH$Vmo..... nmM {Xdgr` AmR>dS>çmMr BVaÌ
H§$nZr ‘Ü`o Agbobr gw{dYm Amnë`m ~±Ho$bm hdr,
Ag¨ dmQ>V§ Zm .....
X¡Z§{XZ Am`wî`m~V AgoM AZoH$ ~Xb ñdrH$maV,
H$Yr AmZ§XmZo Va H$Yr ZmamOrZo H$m hmoB©Zm, na§Vw
ñdrH$maV Amnbr dmQ>Mmb gwê$ AgVo. Change is
STATE BANK OFFICIAL
DECEMBER 2015
the Most constant feature of Life.......! A­nd
one who is most responsive to CHA­NGE can
only succeed..!
AmVm Amnb§M ~Km Zm .........!.! Xwgam d Mm¡Ï`m.
e{ZdmaÀ`m gwÅ>rMm ~Xb H$gm AmZ§XmZo ñdrH$mabm ‘mÌ
Ë`mM ~amo~a n{hbm d Vrgam Am{U ‘YyZ ‘YyZ `oUmam
nmMdm nwU© e{Zdma hm XoIrb ~XbM ........ hm ~Xb
‘mÌ {H$Vr ZmamOrZo ñdrH$mam`Mm ~a..... .! Ag dmQ>V
A
­ lternate e{ZdmaMm ’$Vdm Var {ZKmdm, Á`mmdoir
nmMdm Am{U n{hbm e{Zdma nmR>monmR> nwU© e{Zdma
`oVmV...... .!
AZoH$ Branches /Offices (R­ACPC) a{ddmar
gwê$ AgVm, Am{U Ë`m§Zm Xwgam d Mm¡Wm e{Zdma Am°’$
ZgVmo Va Ë`m§Mm gmßVm{hH$ Am°’$ hm gmo‘dma AgVmo
Va Xygam d Mm¡Wm a{ddma Am°’$ {‘iVmo. Xyg-`m d
Mm¡Ï`m gwÅ>rMo AbmoHo$eZ n[apñW{VZwgma ~XbV.
‘mÂ`m 2-3 ‘¡{ÌqUZm Xwgam d Mm¡Wm a{ddma gwÅ>r
AgVo. Ë`m‘wio Am‘À`m J«wn ‘Ü`o Zoh‘rM gJi`m§Zm
EH$Ì ^oQ>Ê`moMm {Xdg R>adVm§Zm Ago gJio n¡by
{dMmamV K`mdo bmJVmV. WmoS>Š`mV H$m`, Xygam d
Mm¡Wm e{Zdma gwÅ>r Ago ~Xb KS>d§V Amho. AJXr J§‘V
åhmUyZ gm§Jm`M Va ‘mPr H$m‘dmbr ~mB© ‘bm ewH«$dmar
{dMmaVo d{hZr CÚm Vrgam H$s Mm¡Wm ......?
AmVm hm gJim eãXàn§M Xwg-`m d Mm¡Ï`m
gwÅ>rMm AemH$arVm H$s, AmnU gJio {‘iyZ gmH$S>
Kmby`m Amnë`m g^mnVr gam§H$S>o H$s, gJioM e{Zdma
Am°’$ H$amdo H$am H$s g¨Kf© ...... .!
Vwåhr Amåhr gJio AmhmoVM H$s gam§~amo~a
Ms. Aruna Malse
SBI, Koregaon Bhima
15
 STATE BANK OFFICIAL SBOA INFOLINE  ¤  January 2017
DECEMBER 2015

godm{Zd¥ÎmrÀ¶m hm{X©H$ ew^oÀN>m

Imbrb Xe©{dbobo A{YH$mar 31 OmZodmar> 2017 amoOr godm{Zd¥Îm hmoV AmhoV. Ë`m gdmªZm ñQ>oQ> ~±H$ Am°{\$gg©
Agmo{gEeZ (_w§~B© gH©$b)À`m gd© g^mgXmV\}$ hm{X©H$ ew^oÀN>m.
Amnbm {Zd¥ÎmrZ§VaMm H$mi A{Ve` gwIg_mYmZmMm Am{U em§VVoMm Omdmo hrM B©œaMaUr àmW©Zm.
*A{Zb Zao, Aܶj * am_Hw$_ma g^mnVr, OZab goH«o$Q>ar

RETIREMENTS – JANUARY 2017

NAME BRANCHNAME MOBILE_NO
1. BHANUDAS SHANKAR SONAR RETIREMENTS KUSUMBE
– 31st DECEMBER,
V.B. 2015 9423919381
2. VIVEK HARIBHAU REGE NAVAPUR BRANCH 9923204799
3. SAMBHAJI VENKATRAO JADHAV LATUR MAIN BRANCH 9421371516
4. ANKUSH GUNAJRAO CHAKRE BEED MAIN BR. 8007511150
5. M. RAVINDRAN SECURITY SERVICE BR.MUMBAI
6. SUNIL PANDURANG KOLGE AGM (MERCHANT ACQUIREING) 9619071029
7. SALEEM ABDULGANI BASADE HOME LOAN SALES DEPT 9561308332
8. RAJEEV ANANT PHANSE GM (NW II) LHO MUMBAI 9769120230
9. SHIVAJI BABU WANGNEKAR RBO I MUMBAI 9167150688
10. ANANT SAKHARAM PAWAR CCPC, MUMBAI 9820822550
11. KADUBA TUKARAM WANKHEDE CCPC, MUMBAI 9029818802
12. MEENAKSHI R. BANKERAIKA CCPC, MUMBAI 9619501335
13. VILAS NARHAR AHIRRAO SIR P.M. ROAD, FORT 9420373478
14. DEEPAK BHALCHANDRA JOSHI RBO II SANPADA 9820512241
15. RAJENDRA VASANTRAO LIMAYE RBO III PEN 8380060404
16. KANCHAN RAVINDRA MHAISKAR SWASTIK PARK CHEMBUR BR. 9967891014
17. SARALA HEMANT SAMANT GHATKOPAR WEST BR. 9930902215
18. SURESH NARAINDAS CHAWLA D.P.C.P.C. DEPT.(2ND FLR) 9769485151
19. SUNANDA DHANANJAY SHETTY RACPC, ANDHERI EAST 9323098796
20. ALLAN RICHARD VAZ LCPC, MUMBAI 9822483889
21. BALMOHAN DEVDAS SHENOY ADMIN.OFFICE,MUMBAI ZONE-4 9819030309
22. MOHAN JAGANNATH PAWAR RBO I THANE 8689839666
23. RANU KANA DATTA SMECC, THANE 9920740556
24. GAUTAM DASHARATH PAGARE PANCHVATI BRANCH 9767674014
25. MANOHAR JAGANNATH PAGARE RBO III NASIK CITY 7875559505
26. SHANTA KUMAR SINHA RACPC, NAGPUR 9923208505
27. BHIMRAO HIRAMAN ADIKANE RBO III NAGPUR 9423639160
28. MAHENDRA CHINTAMAN WANKHEDE NAGPUR MAIN BR. 7028921040
29. SHASHANK MANOHAR BALLAL AKOLA TREASURY BR. 7875556695
30. ASHOK HARISHCHANDRA RAUT CHIPLUN BRANCH 9820029974
31. SHIRISH V. KULKARNI ZONAL OFFICE PUNE 7875559216
32. PRAVIN CHANDRA KUMAR BAVDHAN, PUNE BR. 9325180537
33. ASHOK KUMAR RAJAK CCPC, PUNE 6623201946

Printed, Published and Edited by RAMKUMAR SABAPATHY, on behalf of STATE BANK OF INDIA OFFICERS ASSOCIATION (MUMBAI CIRCLE), Printed at JAYANT
PRINTERY, 352/54, MURLIDHAR TEMPLE COMPOUND, NEAR THAKURDWAR POST OFFICE, J S S ROAD, MUMBAI 400 002 and published from SBI OFFICERS’
ASSOCIATION, (MUMBAI CIRCLE) C-6, G BLOCK, SYNERGY, GR FLOOR, STATE BANK BLDG., BEHIND NSE BUILDING, BANDRA KURLA COMPLEX, BANDRA
(EAST),MUMBAI 400 051. Editor : RAMKUMAR SABAPATHY.

16