NEWS FLASH FROM CHQ
PENSION ANOMALY CASE
As reported earlier, we had won the case in Principal bench of CAT. The
Judgement was delivered on 16-12-2016 with a direction to implement it within
three months. We waited for 6 months. No order was issued. Nor any Appeal was
filed. Then we filed a Contempt of Court petition in CAT. It was taken up last
month. Advocate for the respondents wanted time. Again, the case was taken up
today by a double Bench consisting of Justice Mr. Permod Kohli, Chairman and
Justice Mr. K N Srivasatava.
Advocate for CMD BSNL stated that they are filing
their reply today. Advocate for the Government wanted further time of four
weeks. Our Advocate wanted personal appearance of the Respondents. The Court
told that this may be considered subsequently.
Next date
is 17-11-2017.
STATE BANK OF INDIA ACCOUNTS
28/09
PENSIONERS ARE EXEMPTED FROM THE MONTHLY AVERAGE
BALANCE STIPULATION
The State Bank of
India has issued revised instructions regarding maintenance of Monthly Average
Balance (MAB) in SB Accounts and charges to be levied if the MAB is not
maintained.
Significant aspect is that some categories of Account holders are
exempted from the said charges.
Pensioners are one category exempted from the Monthly Average Balance charges.
Pensioners are one category exempted from the Monthly Average Balance charges.
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