`Customer Meet' by SBP for Himachal

Tue, Apr 28, 2015 at 1:08 AM

Bank has 130 branches serving in Himachal Pradesh

Ludhiana: 28 April 2015: (Punjab Screen Bureau):

On 25^th April 2015, State Bank of Patiala organised  `Customer Meet' for  Kangra, Hamirpur and Una Districts customers in Hotel Conifer at Dharamshala which was addressed by Sh. S.A.Ramesh Rangan, Managing Director. Sh. Rangan briefed the customers about Bank's various attractive Deposit and Loan schemes, activities and developments of the Bank.  He told that Bank is regularly developing and progressing.  Bank has 130 branches serving in Himachal Pradesh and is planning  to open more branches in future.  He thanked the customers for their cooperation and support in the regular development of the Bank.

Bank's aim is not only to open the branches and earn profit but also to  extend the banking facilities to each and every home. Our motive is not only to provide banking facilties in cities and towns but also to provide banking facilities to each and every person in rural area. State Bank of Patiala aims to open account of each person in every home.  We always try to provide best customer service and in future also we will be trying it regularly.  We welcome any suggestion given by you to improve our working.    

Free Eye Check Up Camp series by SBP

Tue, Apr 28, 2015 at 8:06 AM

Third Camp on Wednesday at Dugri Road Ldh

Ludhiana: 28 April 2015: (Punjab Screen Bureau):

State Bank of Patiala organised Free Eye Check Up Camp at Ludhiana in collaboration with VISION SANKARA for four days. The Eye Camp was inaugurated by Shri Rajeev K. Sharma, Deputy General Manager, State Bank of Patiala, Ludhiana Zone today at Civil Lines, Opp. Old Dayanand Hospital, Ludhiana. Sh. Sharma said that such camp will be organised at four different

branches of State Bank of Patiala in the City of Ludhiana on four different days. The Second Camp on 28'h April 2015 at Haibowal, Adjoining Toor Hospital, Third Camp on29'h April 2015 at Dugri Road Branch and Fourth Camp on 30'h April 2015 at Pakhowal Road Br. Passi Chowk, Ludhiana, will be organised. Mr. Sharma further said that State Bank of Patiala is continuously trying to serve the society and its motive is not only to open the branches and earn profit. 

In today's life style, it is very necessary to be conscious about our health. Eyes are very important part of our body. A person who is not able to see only knows its importance. So, we should get our eyes regularly checked up. On various occasions, State Bank of Patiala is organising such types of programmes and in future also these will be organised regularly.

On this occasion, Sh. Sharma briefed about many attractive deposit and loan schemes launched by the Bank in people's interest. The Bank is developing in all spheres and is planning to expand further in future. We will welcome any suggestion from you to improve the working of the Bank.

Sh. Sharma thanked all for their cooperation and support for the development of the Bank. 

4 Days' All India Bank Strike from 25th February to 28th February

Wed, Feb 18, 2015 at 6:27 PM

INDEFINITE STRIKE FROM 16TH MARCH 2015

ñ    INDIAN BANKS' ASSOCIATION BACKTRACKS FROM ITS ASSURANCE

ñ    UNITED FORUM OF BANK UNIONS DECIDED TO REVIVE THE STRIKE PROGRAMMES

ñ    4 DAYS STRIKE FROM 25TH FEB. to 28^th FEB.  2015

ñ    INDEFINITE STRIKE FROM 16TH MARCH 2015 

On the decision taken and call given by United Forum of Bank Unions (UFBU), officers and employees in all the Public Sector Banks are going to observe  4 Days' All India Bank Strike from 25^th February to 28^th February 2015 to demanding

 ¨                  Immediate Wage Revision

¨                  To stop Banking Reforms

 For the preparation of 4 days' strike, Punjab Bank Employees Federation (Ludhiana) held a General Body Meeting at Punjabi Bhawan, Bharat Nagar Chowk, Ludhiana.  Com. S.K.Gautam, Joint Secretary, All India Bank Employees Association and General Secretary, Punjab Bank Employees Federation, Com. P.R.Mehta, President,  Com. Amrit Lal, Chairman, Com. G.K.Joshi, Secretary, Punjab Bank Employees Federation and Com. Pawan Thakur, President, Punjab Bank Employees Federation (Ludhiana Unit) addressed the meeting.                                      

  

While addressing the bank employees, Com. S.K.Gautam said that in the background of the assurance given by Indian Banks' Association (IBA) towards expeditious wage settlement and considering the positive developments since last conciliation meeting, United Forum of Bank Unions (UFBU) put on hold its call for 4 days' strike from 21^st January 2015.  In the meeting held on 3^rd February 2015,   IBA finally proposed to improve their offer from 12.5% to 13% and expected UFBU to scale down its demand.  Our sincere and persuasive efforts to negotiate a reasonable and mutually acceptable wage increase are being misunderstood by the IBA and the Government as its weakness. With utmost patience, for the past two years, UFBU has been making its best efforts to settle the demands amicably. At every point of time, we have shown our flexibility. But unfortunately, it is not being reciprocated by IBA.

 Com. Gautam further stated that wages and service conditions in the banking sector are governed by the industry level bipartite settlements signed between the Indian Banks Association and the trade unions of bank employees and officers. Public Sector Banks, Private Sector Banks and Foreign Banks who give their mandate to the Indian Banks Association are party to the Settlements and hence are covered by the same. The 9th Bipartite Settlement came to an end on 31-10-2012. Consequently, revision of wages and other service conditions have become due as from 1-11-2012. In view of this,  common set of demands for the employees and officers was submitted to the Indian Banks Association on 30-10-2012. UFBU requested the IBA to adopt a time-bound programme to hold the negotiations on the demands and to expedite the Settlement as early as possible. Even though the formal negotiations started in February 2013, a few rounds of discussions have taken so far. It will be appreciated that the alarming and unabated price rise have seriously eroded the income of the employees and hence the wage revision has become all the more important. The Consumer Price Index has gone up by almost 2400 points under (1960=100) Index series since November, 2007. Hence wage revision to catch up with the high inflation and price rise has become an urgent necessity. Similarly, the workload in the bank branches has gone up substantially due to increase in total volume of business and also due to non-provision of adequate staff and officers in the branches. Employees and officers are working under a lot of stress and strain. The job profile of the staff has also undergone a change and all these require to be properly remunerated with adequate increase in wages. For this reason also the wage increase has become important. But unfortunately, the IBA is delaying the Settlement.

The fact is otherwise :                      Profits of Public Sector Banks

Year	Total Profit	Provision for bad loans  etc	Net profit
31.03.2012	1,16,000 crore	66,000 crore	50,000 crore
31.03.2013	1,21,000 crore	71,000 crore	50,000 crore
31.03.2014	1,27,000 crore	90,000 crorer	37,000 crore

 Thus the total profits are increasing but obviously net profit is less due to provision for bad loans which burden should not be passed on to the shoulders of the ordinary employees. In fact, the Unions have assured that we can find out the ways and means to recover the bad loans through stringent measures and improve the profits through better productivity etc but it is unfair to deny their legitimate wage crease.

When the entire workforce in the banking industry is making every effort to implement the various programmes of the Government including the recent Jan Dhan Yojana, when employees and officers are working under lot of stress and maximum difficulty due to manpower shortage and increased volume of work, it is regrettable that the Government is remaining a passive spectator without initiating any steps to find an amicable solution to the genuine expectations of bank employees for a better and reasonable wage revision. We have been once again pushed to the path of struggle.

SBP launches 25 branches and a novel CSR initiative

Fri, Jul 25, 2014 at 1:26 PM

Patiala-head quartered Bank’s network has reached 1254 

Ludhiana: 25th July 2014: (Rector Kathuria//Punjab Screen): 

State Bank of Patiala today opened 25 Branches in 7 States across the country in an on-line simultaneous inauguration in order to give a further push to the task of Financial Inclusion.

The Branches were inaugurated by Shri S A Ramesh Rangan, Managing Director of the bank at a function at the Bank’s Network Office in New Delhi. 

With these 25 branches, the Patiala-head quartered Bank’s network has reached 1254, spread across 23 States/ Union Territories of the country.

The bank has already opened 47 branches this financial year and plans to add 60-70 more branches by September this year.

An Associate of State Bank of India, SBP had a total business of over Rs 1,67,000 crores as at the end of March with a 23% growth in micro and small enterprise loans and a 27% growth in agricultural loans last year. The bank received a special award from the Government for excellence in MSE lending for the year 2012-13. This year the bank plans to achieve a growth of 21% in MSE loans and 35% in agriculture loans. SBP was the first public sector bank to totally computerize all its branches and was also the first public sector bank to migrate all its branches to CBS.

Shri S.A.Ramesh Rangan, Managing Director also announced a novel Corporate Social Responsibility (CSR) initiative of the bank, under which the bank will contribute Rs.5/- for each new saving account opened, Rs.50/-  for each new current account opened,  Rs. 2/- for every new user of Internet Banking/Mobile Banking and  10 paisa per transaction on the Alternate Delivery channels( Internet banking, mobile banking, ATM & POS etc.) towards CSR activities.

The amount so contributed will be used for social welfare activities like aid to old Age homes, orphanages etc, donations (cash & kind) to needy individuals/ sections of the society, helping the less privileged and organizations engaged in their welfare. The Bank has been actively involved in various social welfare activities like adopting and aiding SOS Children Village, donation of Buses and various daily use equipments like fans, water purifiers etc to various organizations and providing aid to bodies like orphanages, and society for welfare of the handicapped and other such organizations.