Bank staffers shouldn’t expect major salary hike !!!!!!!!!!
Pune: Union minister of state for environment and forest Prakash Javadekar hinted that bank employees should not expect a significant salary hike. Javadekar said the public sector banks are facing a challenge of non-performing assets (NPA) and their finances are strained.
Javadekar said the public sector banks are facing a challenge of non-performing assets (NPA) and their finances are strained.
Speaking at the inaugural function of the treinnial general body conference of the All India Central Bank Officers' Federation (AIBOC) on Saturday, Javadekar exhorted banks to encourage entrepreneurs by providing them with "appropriate capital". He said banks should not shy away from giving loans to small entrepreneurs and the poor as these customers never create NPAs. Javadekar said opening of 11.50 crore accounts under the Jan Dhan Yojana was a major step towards financial inclusion of the unbanked.