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
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
Bank Employees Wage Revision – 10th Bipartite Wage Settlement Comes to an End WE ARE HAPPY TO INFORM THAT IN TODAY’S TALKS, WAGE REVISION SETTLED AT 15% (RS.4725/- CRORES) WITH EFFECTIVE FROM 01.11.2012. 2ND AND 4TH SATURDAY’S WILL BE HOLIDAYS AND OTHER SATURDAY’S WILL BE FULL WORKING DAYS. STRIKE DEFERRED. DETAILED CIRCULAR FOLLOWS. Indian Banks’AssociationMinutes … Read more
Proposal to bring all bank staff under 7th Pay Commission – Minister replied in Parliament Member of Parliament Shri M.P.Achuthan asked some questions regarding bank employees in Parliament and the concerned minister replied… Covering bank employees under Seventh Pay Commission (a) whether Government is considering a proposal to bring about 800,000 employees under Seventh Pay … Read more
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 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
Today’s Conciliatory meeting (06-02-2014) inconclusive Strike stands Observe 48 hours Strike on 10th and 11th February 2014 Subsequent to the call for 2 days’ All India Bank Strike on 10th and 11th February 2014, the Conciliation Proceedings were held today before Shri B.K. Sanwariya, Chief Labour Commissioner (Central) at New Delhi. IBA was represented by … Read more
Bank DA Table from 2006 Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2014 under IX BPS/Joint Note dt. 27.4.10 Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/76/D/2013-14/8778 1st February, 2014 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer … Read more
Dearness Relief payable to Pensioners for the period February 2014 to July 2014 Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2013/8784 February 1, 2014 Designated Officers of all Member Banks which are parties to the Bipartite Settlement on Pension Dear Sirs, Dearness Relief payable to Pensioners for the period February 2014 to July 2014 The … Read more