............While approving the compassionate appointments in public sector banks, the communication has sought to discontinue the extant provision of an ex-gratia in lieu. The Government has also advised the IBA to take appropriate action to circulate the scheme to all public sector banks for adoption with the approval of the respective boards. MV Murali, Convenor of United Forum of Bank Unions (UFBU), said the compassionate appointments scheme was unilaterally withdrawn by the Indian Banks’ Association (IBA) a decade ago. Since then the workmen unions and officers’ associations under the UFBU umbrella have been demanding its restoration......
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