UFBU WRITES TO IBA FOR ISSUING ADVISORY TO THE MEMBER BANKS TO HOLD/ DEFER THE IMPLEMENTATION OF PROPOSED PLI SCHEME OF DFS AIBOC reproduce the text of UFBU letter dated 26.03.2025 addressed to IBA requesting them to issue advisory to member banks …
Public Sector Banks' officers union AIBOC has opposed the implementation of revised PLI scheme in the Public Sector Banks and said that the revised Performance Linked Incentives (PLI) for Whole Time Directors and senior executives infringes upon …
The preparation for the 8th Pay Commissions has been started with the constitution of 8th Pay Commission for the revision of salaries of government employees and pensions of retirees. The 8th Pay Commission is awaited by more than one crore central …
IBA has released the revised dearness allowance rate for arrears payment since 1st Nov 2022. The arrears of the revised salary as per 12th Bipartite Settlement will paid accordingly. Also - Compare New and Existing Salary
12th Bipartite Salary Settlement is finalized. The payment of arrears and implementation of new salary is the sole discretion of the individual banks. Every bank has to get board approval of joint note of the bipartite. The new salary may be paid aft…
