Monday, August 18, 2014

PSU banks may decide staff housing loan policy on their own

...........The Department of Financial Services of the Ministry of Finance had earlier advised that housing loan to bank employees be negotiated strictly as part of the bipartite wage settlement. But responding to an IBA communication, banks have now been given the option to either decide on their own or suggest if they feel this to be a part of wage negotiations. The IBA has been advised "to take appropriate action to convey the same to all public sector banks for deciding the matter…''

No comments: