Expected DA Calculator from January 2021 (Updated Oct 2020)11th Bipartite Settlement Latest News 2020: Bank Employees Wage Revision effective from 1.11.2017 Salary Revision from 1.11.2017 The wage revision will be effective from 1.11.2017 for Bank employees. Annual Salary Hike The annual wage increase in … [Read more...]
11th Bipartite Settlement Latest News: Minutes of meeting held on 22.7.2020
UFBU said that we are happy to inform that in the meeting held on 22nd July 2020 between IBA and UFBU, broad understanding has been reached and MOU has been signed. On 22.07.2020 IBA Chairman informed UFBU that IBA is agreed to improve Family … [Read more...]
Summary of Bank Bipartite meeting on 12th October 2018
Summary of Bank Bipartite meeting on 12th October 2018 No such breakthrough as expected did happen in the meeting between Bank Unions and IBA. In today's discussion, Union reiterated that offer of 6% increase should be substantially … [Read more...]
Bank Wage Revision – Discussions with IBA on 29.9.2018
Bank Wage Revision - Discussions with IBA on 29.9.2018 ALL INDIA BANK OFFICERS' ASSOCIATION Circular No.20/VII/2018 October 1, 2018 TO ALL AFFILIATED UNITS / STATE COMMITTEES Dear Comrades, WAGE REVISION – DISCUSSIONS WITH IBA. OPERATING PROFITS AND … [Read more...]
11th Bipartite: Wage Negotiation with IBA on 5th May 2018
11th Bipartite: Wage Negotiation with IBA on 5th May 2018 "In talks today IBA made a meager offer of 2% increase and hence it was rejected by UFBU. Hold massive demonstrations on 9th May throughout the country. Get ready for 2 days strike by month … [Read more...]
11th Bipartite Settlement : Meeting of the Core Group (Workmen) was held on 6.9.2017
11th Bipartite Settlement : Meeting of the Core Group (Workmen) was held on 6.9.2017 11th BPS - Talks held on 6/9/17 "Today , Meeting of the Core Group (Workmen) was held. No decision was taken during the meeting on any issue. Financial matters … [Read more...]
Bank Wage Revision – 3rd Round Constitution of Sub-Committees
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 … [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...]
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...]