PERSONAL MANAGER, SBI vs KRISHNA GRAMEENA BANK EMPL.UNION &ANR.

The Supreme Court addressed the dispute regarding the cash allowance for employees of Regional Rural Banks (RRBs) in relation to the Fifth Bipartite Settlement and the National Tribunal Award. The Court held that the employees of RRBs are entitled to parity in pay and allowances with their counterparts in the sponsor banks, specifically ruling that the allowance for 'cashier in charge of cash' should be Rs.380 per month as per the Bipartite Settlement. The Court dismissed the appeal against the Karnataka High Court's decision, affirming the High Court's interpretation of the relevant agreements and awards.