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No improvement in Conciliation meeting held on 5.11.2014 – Bank employees Strike on 12.11.2014

No improvement in Conciliation meeting held on 5.11.2014 – Bank employees Strike on 12.11.2014 No improvement in IBAs offer – UFBU decides to go ahead with the strike on 12.11.2014 Conciliation meeting held by CLC today(5.11.2014) – No improvement in IBAs offer – CLC calls for further meeting on 10th instant – UFBU decides to … Read more

Bank DA Calculation for Nov 2014 – Hike of 49 Slabs

Bank DA Calculation for Nov 2014 – Hike of 49 Slabs Bank D.A. for Nov’14 onward : Hike of 49 slabs. Consequent upon the release of All India Consumer Price Index Numbers for Industrial workers(AICPIN) Base Year 2001=100 for the month of September’14. by the Ministry of Labour and Employment to day,which stood at 253 … Read more

A Curtain Raiser on Postal Savings Banks Forum

A Curtain Raiser on Postal Savings Banks Forum The Minister for Communications & IT and Law and Justice World Shri Ravi Shankar Prasad will inaugurate the Postal Savings Banks Forum in New Delhi tomorrow This year’s forum is being organised by World Savings and Retail Banking Institute (WSBI) jointly with the National Savings Organisation (Ministry … Read more

Expected DA slabs to Bank employees for the period of Nov to Jan 2015

Expected DA slabs to Bank employees for the period of Nov to Jan 2015 Projected DA From November 2014 Projected DA slabs 49 (7.35%) for Nov-14 to Jan-15 CPI for the month of August 2014 has been announced as 5774.95(253) on 30.09.2014. Earlier CPI for the month of July 2014 was announced as 5752.12(252). The … Read more

Bank Employees Strike on 12th November 2014

Bank Employees Strike on 12th November 2014 UFBU have announced a all India token strike on November 12 to reiterate their demands for a pay hike. The decision was made at the meeting that was held in Bengaluru yesterday. It has been more than two years since the wage revision agreement had expired. Following this, … Read more

Ministry of Finance and issued orders regarding revision of rates of incentives to Public Sector Bank officers posted to North Eastern Region

Ministry of Finance and issued orders regarding revision of rates of incentives to Public Sector Bank officers posted to North Eastern Region as follows… F.No.4/4/2/2001-IR Government of India Ministry of Finance Department of Financial Services Jeevan Deep, IIIrd Floor, Parliament Street, New Delhi Dated the September 26, 2014 To The Chairman, SBI/IDBI and CMDs of … Read more