LFC 10th and 11th Bipartite Settlement As per 11th BI-Partite Settlement Dated on 11 November 2020, the new Leave Fare Concession (LFC) rules for Bank Subordinate and Non-subordinate Staff with effect from 1st November 2017. Leave Fare Concession in … [Read more...]

11 Bipartite Settlement – Complete Details of New Pay Scale, Increment, DA, HRA, TA and Special Allowance

November 15, 2020 admin Leave a Comment

11 Bipartite Settlement for Bank Employees and Officers Complete Details of New Pay Scale, Stagnation Increment, Dearness Allowance, House Rent Allowance, Transport Allowance and Special Allowance Pay scale Structure for Bank Employees after … [Read more...]

11th Bipartite Settlement Salary Chart for Workmen and Officer

November 11, 2020 admin 1 Comment

Salary Chart of PSU Bank After 11th Bipartite Settlement What is the minimum basic salary after 11th BPS? Rs. 17900 is the minimum basic salary after 11th BPS for bank employees. Clerk Salary After 11th Bipartite Settlement Bank Officers Wage … [Read more...]

11th Bipartite Settlement New Pay Scales

November 11, 2020 admin Leave a Comment

11th Bipartite Settlement Scales of Pay for Workmen As per the 11th Bipartite Settlement signed on 11.11.2020, the below pay structure for bank Clerical Staff and Sub Staff: In modification of Clause 4 of Bipartite Settlement dated 25th May, 2015, … [Read more...]

11th Bipartite Settlement Officers and Workmen PDF

November 11, 2020 admin 3 Comments

11th Bipartite Settlement for Bank Officers and Workmen Dated 11.11.2020 … [Read more...]

11 Bipartite Settlement – CC Meeting on 7th November 2020

November 11, 2020 admin Leave a Comment

As per the BEFI report, the negotiation has reached a final stage. BANK EMPLOYEES FEDERATION OF INDIA NARESH PAUL CENTRE 53 Radha Bazar Lane (1st Floor), Kolkata – 700 001 e-mail: [email protected] website: www.befi.in (Ph): … [Read more...]

11th Bipartite Settlement: 5 day week, Revision of pension in RBI pattern and Uniform DR

October 23, 2020 admin Leave a Comment

The point of dispute is with percentage of special allowance which is almost certain to increase from its existing 7.75%, 9% and 10%. This clearly exposes the design of IBA to deny merging special allowance with basic pay as “subjudice‟ matter. Now, … [Read more...]

11th BPS Settlement Meeting Tomorrow on 20 August 2020

August 19, 2020 admin Leave a Comment

11th Bipartite Wage Revision Talks Latest News - 11th BPS Settlement Meeting with IBA Tomorrow on 20 August 2020 As per the latest circular issued by the Indian Banks' Association (HR & Industraial Relations), meeting with working group for … [Read more...]

11th Bipartite Settlement News Latest 2020 – IBA Letter to UFBU

August 13, 2020 admin Leave a Comment

Formation of Working Groups consequent to the Signing of MoU dated 22nd July 2020 As per the IBA letter dated 13th August 2020, the total increase in basic pay and merged Dearness Allowance is capped a 2.50%, the remaining amount i.e., 12.50% (15% - … [Read more...]

11th Bipartite Settlement: Bank Employees Wage Revision effective from 1.11.2017

July 23, 2020 admin Leave a Comment

11th Bipartite Settlement Latest News 2020: Bank Employees Wage Revision effective from 1.11.2017 Salary Revision from 1.11.2017 The wage revision will be effective from 1.11.2017 for Bank employees. Annual Salary Hike The annual wage increase in … [Read more...]