NATIONAL ASSOCIATION OF POSTAL EMPLOYEES, GROUP ‘C’ (FNPO P3) AMBATTUR BRANCH, CHENNAI 600 053
FNPO ZINDABAD

Thursday 16 February 2017

16.02.2017


 NOTICE SERVED TO DEPARTMENT

 BY NATIONAL UNION OF POSTAL CIVIL WING EMPLOYEES



UNI EQUAL OPPORTUNITIES DEPT. APPEAL FOR SOLIDARITY.


Dear Brothers,

Sis.Veronica Fernandez Mendez , Director, UNI Equal Opportunities Dept, UNI Global Union has appealed for solidarity from the affiliates for the #riseinsolidarirty campaign for making “Dignity and justice for Women Workers”.

To support the campaign, the union members are requested to take their photo ( men and women members – one photo for one person) with holding the placard in their hand and send the photo by email to anjalibedekar@uni-apro.org.sg or by WhatsApp to no. 9322406877.

Anyone placard from the enclosed 3 placards may be selected. Please send a few photographs with your members holding the placards.

The appeal is also being sent to the participants of UNI ILC Women & Youth Empowerment programs who have participated in the programs in the past years.

More information about this campaign is available on www.uniglobalunion.org

Thank you for your kind cooperation.

With Regards-

Anjali Bedekar
UNI ILC Coordinator
0091 9322406877

Government Gives Green Signal To Merger Of SBI, Associate Banks

With the merger of all the five associates, SBI is expected to become a global-sized bank with an asset base of R
s.
 37 lakh crore or over $555 billion, 22,500 branches and 58,000 ATMs. It will have over 50 crore customers.New Delhi: Seeking to create a global sized bank, the government today gave go ahead to the merger plan of SBI and its five associate banks but did not take a decision with regard to Bharatiya Mahila Bank.

"The Cabinet had earlier in-principle cleared the (merger) proposal. It had gone to the boards of various banks which have granted the approvals. The recommendations of the boards were considered today and the Cabinet cleared the proposal," Finance Minister Arun Jaitley said.

The associate banks which will be merged with SBI are: State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad  (SBH). 

"With this merger, the SBI, with all these five subsidiaries merging in it, will also become a very large bank, not merely from a domestic point of view but actually a global player in its very size," the minister said after the Union Cabinet meeting.

It will, he added, "certainly lead to far greater efficiency. It will lead to synergy of operations within these banks...it will cut down the cost of operations. The cost of funds itself will come down".

With the merger of all the five associates, SBI is expected to become a global-sized bank with an asset base of R
s.
 37 trillion (R
s.
 37 lakh crore) or over $555 billion, 22,500 branches and 58,000 ATMs. It will have over 50 crore customers.

State Bank of India has about 16,500 branches, including 191 foreign offices spread across 36 countries. SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.