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DA Orders for bank employees from August to October 2019 under 10th BPS

DA Orders for bank employees from August to October 2019 under 10th BPS Dearness allowance orders issued by Indian Banks’ Association to bank worker and officers for the month of August, September and October 2019 under X BPS. Dearness allowance calculation for bank employees is slightly different from the Central Government employees’ DA calculation. Bank … Read more

DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note

DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note Dearness Allowance for Workmen and Officer Employees in banks for the months of  February, March & April 2018 under X BPS/Joint Note 25.5.2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&1R/76/D/2017-18/4431 February 1, 2018 All Members of the Association … 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 MEMBERS: 27th July, 2015 Dear Comrades, We reproduce hereunder the IBA’s Circular No.1120 dated 25-7-2015 providing clarification on the following issues referred to them. … 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 for period 1.11.2012 to 31.10.2017 Government of India Ministry of Finance Department of Financial Services Jeevan Deep. IIIrd Floor, Parliament Street, New … 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 Allowances to about 10 lakh bank employees. Employees and officers from 43 banks including public sector banks, old private … 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 the United Forum of Bank Unions and the Indian Banks’ Association … 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 revision. · 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current wage … Read more

Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers

Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers ALL INDIA PNB STAFF FEDERATION (Affiliated to N.C.B.E.) Central Office: R-8/38 Raj Nagar Ghaziabad (U.P.) Ph. /Fax No: 0120-4136800 Mobile (G.S.): 9818562336 E-mail: aipnbsf@yahoo.co.in Website: www.aipnbsf.org Camp Office: Punjab National Bank Preet Vihar, Delhi-92 Circular No. 11/2015 Dated: … 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 10th Bi-Partite Settlement Finalised: Pay Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after … Read more

Talks with IBA continues – Next meeting on 22.4.2015 – AIBEA Circular

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