The Finance Ministry issued orders on holidays for 2nd and 4th Saturday for Public Sector Banks from 1 September 2015 Every 2nd and 4th Saturday of every month as public holiday for banks in India with effect from 1st September, 2015 Ministry of … [Read more...]
DA for Bank Employees – IBA Circular issued on 3.8.2015 for Aug, Sep & Oct 2015
DA for Bank Employees - IBA Circular issued on 3.8.2015 for Aug, Sep & Oct 2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2015-16/1159 August 3, 2015 All Members of the Association (Designated Officers) Dear … [Read more...]
IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance
IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance ALL INDIA BANK EMPLOYEES' ASSOCIATION Singapore Plaza, 164, Linghi Chetty Street, Chennai - 600001 CIRCULAR No.27/120/2015/31 To ALL UNITS AND … [Read more...]
Hike in House Rent Allowance for Bank Employees as per 2011 Census
Hike in House Rent Allowance for Bank Employees as per 2011 Census Bank Employees News : Based on the Census of 2011, the House Rent Allowance for Bank employees of a few cities are going to be hiked. AIBEA Circular Date : 6th July, 2015 Dear … [Read more...]
Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees
Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees for period 1.11.2012 to 31.10.2017 Salary Revision for Officer Employees of Public Sector Banks governed by Officer's Service Regulation - 10th Bipartite Settlement … [Read more...]
Bank Employees Announce Strike on 24.6.2015
Bank Employees Announce Strike on 24.6.2015 The Public Sector Bank Employees Union has proposed a one-day strike on the 24th of this month, demanding the fulfillment of their various demands. The All India Bank Employees Union has expressed its … [Read more...]
10th Wage Agreement – IBA Circular
10th Wage Agreement - IBA Circular Indian Banks' Association 10th Wage Agreement Indian Banks Association inked wage settlement with Employee Unions and Officers’ Associations today, 25th May, 2015. The settlement gives 15% increase in salary and … [Read more...]
Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th
Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th A 15% salary hike, 30 months pay arrears and other such concessions are part of the new wage agreement(Joint Note / Bipartite Settlement) that … [Read more...]
Financial Components of Wage Revision – AIBOA Circular
Financial Components of Wage Revision - AIBOA Circular ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.10/VI/2015 May 20,2015 Camp :Mumbai All Units / State Committees Dear Comrades, · Understanding reached on financial components of wage … [Read more...]
Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays
LATEST DEVELOPMENT ON WAGE REVISION Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays Distribution Chart for … [Read more...]
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