Bank Employees DA – Orders issued for May, June and July 2015 by IBA IBA issued orders for Dearness allowance for bank employees from May 2015. Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/76/D/2015-16/1742 May 2, 2015 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks … Read more
UFBU MEET AND SUB COMMITTEE MEETINGS WITH IBA Discussed Points: Hospitalisation Scheme, 100% D.A.Neutralisation for retirees, 2% of loading on basic pay and DA and Converting of DA series. “IBA should give the new pay structure immediately and pay scales so drawn should be discussed within reasonable time” Circular No.8/VI/2015 April 17, 2015 To: ALL UNITS … Read more
10th bipartite settlement of bank employees latest news on 17.4.2015 Details of talks on 16.04.2015 Text of BEFI Circular no.13/2015 dated 17.04.15 BIPARTITE TALKS The Sub-Committee for discussion of Medical Reimbursement met at 11.00 A.M. yesterday, 16th April 2015. On introduction of Medical Insurance Scheme, UFBU forcefully put forward the apprehension of the employees and … Read more
IBA – UFBU meeting on 16th April 2015 – AIBEA Report Today (16-04-2015) IBA – UFBU meeting took place wherein all details of proposed new medical reimbursement scheme was discussed. Scheme will be finalised shortly. For retirees also we have asked IBA to workout a similar scheme. In the afternoon discussions on other demands of … Read more
10th Bipartite Settlement – Sub committee meeting on bank bipartite on 16th April Sub committee meeting on bank bipartite on 16th April As per the Minutes signed by the Bank Unions (UFBU)and Indian Banks Association(IBA) on 23rd Feb 2015 the 10th Bi partite Settlement on Bank Employees wage Revision has to be signed within 90 days. … Read more
Bank Holiday on 14.4.2015(Tuesday) throughout India on account of Birthday of Dr. B R Ambedkar: IBA Order Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/H6/2014-15/1556 March 31, 2015 All Members of the Association (Designated Officers) Dear Sirs, Holiday on Tuesday, 14th April 2015 throughout India on account of Birthday of Dr. B R Ambedkar under … Read more
Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015 All India Bank Employees Association (AIBEA) published the discussion points in the meeting with Indian Banks Association held on 17th March 2015. Nearly 26 points were discussed in the meeting and more important issues like construction of Revised Pay Scales, revised DA formula, … Read more
Government wants to encourage Bank Boards to restructure their business strategy and also suggest way forward for their consolidation and merger with other banks if it is win-win for both. Banking Reforms Performance of Public Sector Banks has remained sub-optimal so far. The Government is taking various steps to improve the situation both on governance … Read more
AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015 ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.6/VI/2015 February 23, 2015 Camp: MUMBAI To: ALL UNITS / STATE COMMITTEES Dear Comrades, WAGE REVISION – 18TH ROUND. TOTAL QUANTUM CLINCHED. A NEW SERVICE CONDITION INTRODUCED. 4 DAYS STRIKE CALLED OFF. In the background of … Read more
Likely increase of salary for bank employees LATEST DEVELOPMENT ON WAGE REVISION Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers After long wait and negotiations, strike call and withdraws, finally the wage hike settled for bank employees with 15% hike in pay slip components and two … Read more