Press Release in response to adverse social message on select banks Indian Banks’ Association PRESS RELEASE INDIAN BANKS’ ASSOCIATION There are reports in some segments of social media messages based on misinformed communications and spreading tålse information about the adverse financial strength and future of some of public sector Banks arising out of Prompt Corrective … Read more
Bank Wage Revision – 3rd Round Constitution of Sub-Committees WAGE REVISION – THIRD ROUND CONSTITUTION OF SUB-COMMITTEES Circular No. 9/VII/2017 July 21, 2017 To: ALL UNITS / STATE COMMITTEES Dear Comrades, WAGE REVISION – THIRD ROUND CONSTITUTION OF SUB-COMMITTEES Post submission of Wage Revision Charter of Demands by Workmen and Officers Organisations, the first meeting, … Read more
Group Mediclaim Insurance Policy for Bank Employees CIRCULAR LETTER NO. 28/24/2017/25 13-7-2017 TO ALL OFFICE BEARERS/STATE FEDERATIONS/ALL INDIA BANKWISE ORGANISATIONS / ALL UNITS Dear Comrades, Reg: Group Medicliam Insurance Policy Under 10th Bipartite Settlement, medical/hospitalization expenses are reimbursed/settled under the Group Mediclaim Insurance Policy. The policy for the in-service employees/officers began from 1-10-2015 and for … Read more
11th BPS Update : Management Issues (10 Points) ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.7/VII/2017 June 5, 2017 Camp: Mumbai TO ALL UNITS / STATE COMMITTEES Comrades, WAGE REVISION – SECOND ROUND. EXCHANGE OF CHARTER OF DEMANDS. As you aware that the owners are anxious to settle the wage revision which is due from 1.11.2017, … Read more
DA for Bankers from May to July 2017 as per 10th BPS/Joint Note dated 25.5.2015 Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2017 under X BPS/ Joint Note dated 25.5.2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2017-18/2625 April 29, 2017 All Members of the Association … Read more
Banks Penal Charges for Savings Accounts – List of Banks with detail Charges on savings bank accounts Reserve Bank of India’s Master Circular on Customer Service in Banks provides that the policy on penal charges to be levied for non-maintenance of minimum balance in savings bank accounts may be decided with the approval of the … Read more
Expected DA for Bank Staff from May 2017 Expected DA from May 2017 for Bank Employees Expected Calculation of Dearness Allowance as per 10th Bipartite Settlement. Expected DA from May 2017 to July 2017 : We need three months All India Consumer Price Index data to find out the actual increasing in DA percentage. But, … Read more
Election Holiday for Bank Employees on 19.4.2017 – IBA Orders issued Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/H6/2017-18/2534 April 18, 2017 All Members of the Association (Designated Officers) Dear Sirs, Public Holiday on 19th April, 2017 on account of polling of By-Election, 2017 We enclose a copy of notification No. PHD. 1317/346/C.R.64/XXIX dated 10th … Read more
Election Holiday – General Administration Department Notification issued on 10.4.2017 GENERAL ADMINISTRATION DEPARTMENT Hutatma Rajguru Chowk, Madam Cama Road, Mantralaya, Mumbai 400 032, dated 10th April 2017 NOTIFICATION No. PHD. 1317/346/C.R.64/XXIX.—Government of Maharashtra hereby declares the day of polling of General Election-2017 i.e. Wednesday, 19th April, 2017 as Public holiday within the jurisdiction of Chandrapur, Parbhani … Read more
Retirement Gratuity Ceiling hiked to Rs.20 lakh for bank employees and officers – AIBEA Joint Ciruclar on Gratuity Ceilin CIRCULAR TO ALL UNITS & MEMBERS March, 2, 2017 Dear Comrades, Improvements in Gratuity under Gratuity Act Our units are aware that Gratuity is one of the important retirement benefits for the bank employees and officers. … Read more