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11th Bipartite Settlement Latest News: Minutes of meeting held on 22.7.2020

UFBU said that we are happy to inform that in the meeting held on 22nd July 2020 between IBA and UFBU, broad understanding has been reached and MOU has been signed. On 22.07.2020 IBA Chairman informed UFBU that IBA is agreed to improve Family Pension to uniform 30% for all without any ceiling On 22.07.2020 … Read more

LFC for Bank Employees after 11th Bipartite Settlement

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 10th BPS LFC can be availed by Travel by train up to entitled distance, or By … Read more

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

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 11th Bipartite Settlement Clerical Staff 17900 1000 20900 1230 24590 1490 30550 1730 3 3 4 7 42660 3270 45930 1990 47920 … Read more

11th Bipartite Settlement Salary Chart for Workmen and Officer

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 Revision Chart after 11th BPS 11th BPS Settlement Fitment Factor Fitment shall be stage-to-stage, i.e. … Read more

11th Bipartite Settlement New Pay Scales

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, with effect from 1st November, 2017 the scales of pay shall be as under: – … Read more

11 Bipartite Settlement – CC Meeting on 7th November 2020

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: pradipbefi@yahoo.co.in website: www.befi.in (Ph): 033-22254414/22365108 (M)9433144271 Circular No.76/2020 8th November 2020 To all Units, Affiliates, Office Bearers, CC & GC Members Dear Comrade, CC … Read more

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

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 salary and allowances is agreed at 15%. Distribution of annual wage increase between Workmen and Officers will be worked … Read more

Two Day Bank Strike Deferred – Bank Customers Relaxed!

Two Day Bank Strike Deferred – Bank Customers Relaxed! 48 Hrs. Bank Strike Deferred – All Bank Customers Relaxed! Check also: 5% DA from July 2019 – Not yet announced! Why? Text of the Joint Circular No. 05/2019 dated 23.09.2019 ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC) ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) INDIAN NATIONAL BANK … Read more

Bank wage Revision – Bipartite Talks with IBA

Bank wage Revision – Bipartite Talks with IBA on 1.2.2019 BIPARTITE TALKS WITH IBA We reproduce hereunder the contents of another round of Bipartite Talks held today in Mumbai between IBA and our 5 Workman Unions, for information of all affiliates and members. With revolutionary greetings, Yours sincerely, sd/- (Sanjeev K.Bandlish) General Secretary “Another round … Read more