In earlier days SBI Employees had no option to take financial assistance in case of urgent and
accidental need from the Bank . S.B.I.S.A. Co-operative Society has its glory to serve the member of ours
since its inception . Its gravity and necessity may not be realized properly in these days , when plenty
of financial help is offered by the Bank to its employees but our Co-operative Society is still serving the
members actively in case of sudden emergency and need.
I must congratulate the management of Co-operative Society for starting its own Web Site and On-
line facilities. At this present juncture , every Institution must have its own WEBSITE and also On-line
facilities . They have also reduced the rate of interest from 12% to 9.75%w.e.f. 1st
auspicious moment it is also our duty to give our best effort for the survival of this is very old , glorious
Co-operative Society at present and future also.
I convey my heartfelt thanks for the betterment and smooth functioning of the Society and wish all its
employees and Management of or glamorous Co-operative Society.
This Annual General Meeting of SBI Staff Association Co-operative Society Ltd. has assumed tremendous significance at the backdrop of the recent developments in financial sector in out country. After clandestine passage of Banking Bill in the parliament on 18th December, 2012, the policy of the Government is to privatize the Banking Sector through the path of FDI, disinvestment and giving licenses to the Industrial houses to open Banks and also through several anti-labor reforms including the reforms in Insurances & Pension Sector and to take several measures to curtail the hard-earned trade union rights of the Bank Workers. Under this circumstance, the role of our Association is very important as the time in challenging and the obstacles through before us is the test of our grit.
Our Society is catering to the interest of our members very efficiently and effectively under the leadership of the present Management. We have to make our Society more vibrant, strong and profitable by our joint effort with addition of more membership
I am happy to note that initiative has been taken by present Management to open a Website for online facilities to be extended to the members and to reach all through this platform. In this era of Technology innovations, I wish the effort all success and only desire the progress and prosperity of the Society in coming days.