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…
Calculate your Arrears and revised salary with 17% hike under 12th Bipartite Salary settlement. Checkout the New Salary, Arrears, Gratuity and revised pension payment through excel based calculator.
Calculate 12th Bipartite New Salary With 17% Hike and difference with existing salary - Checkout your new revised salary with 17% hike for the officers employee in the public sector banks. Checkout the revised salary and compare with the your exiting…
12th Bipartite Salary Increase for the employees of Public Sector Banks have been implemented since 1st Nov 2022. A joint note has been signed between IBA and UFBU on 8th March 2024. Check out the highlights and key benefits under 12th BPS for the emp…
12th Bipartite Salary Settlement Signing Ceremony Started between IBA and UFBU. Checkout the video of the signing Ceremony. Click to calculate your new salary.
12th BPS UPDATE : Wage Negotiation: Negotiating Committee Meeting with Unions/ Associations on Constituent Workmen Unions/ Officers' Associations meeting is rescheduled to 8th March 2024 at MUMBAI. Trending Now: Calculate Your Salary with 12th…
IBA has called all the GS of the Bankers' Union for signing the 12th Bipartite Settlement (12th BPS). AIBEA GS has confirmed the signing of the 12th BPS without any confirmation on the long demand of public sector bank employees of 5 Days Banking.…
12th BPS Latest News Update - It is believed that the government is likely to grant bank employees' long-standing demand for a five-day workweek. Bank staff are expected to have 5 working days per week, subject to finance ministry permission, and…
AIBEA Secretary Mr. Venkatachalam has requested to IBA chairman for considering the payment of ex-gratia to the pensioners of Private Sector Banks. A letter in this regard is herewith below: Trending Now - UFBU Puts Pressure on Government For 5 Days …
The United Forum of Bank Unions (UFBU) has requested to Finance Minister Nirmala Sitharaman for a five-day workweek for the public sector bank employees in a letter. They promise no reduction in total banking hours for customers or employees if implem…
Performance comparison of the Public Sector Banks in India as on Quarter ended 31st Dec 2023. The YoY comparison on various parameters like CASA Ratio, Business Growth, NPA and others. The overall CASA ratio of the public sector banks drops as compare…
Public Sector Bank of Baroda (BoB) has issued an explanatory notes to its employees involves in BoB World Mobile Banking application fraudulent case. So far, at least 50 people have been asked to submit these notes across different branches, a person…
Last week many of the leading news paper had reported the further consolidation of UCO Bank & Bank of Maharashtra with Union Bank and Bank of India respectively. In this regard the finance ministry has provided the clarification and put the stop …
Get the accurate salary calculator for the public sector bank employees as per 12th Bipartite Wage Settlement. With the help of this calculator, you can easily and accurately calculate the proposed hike in your salary considering the HRA, DA merger, C…
IBA and bankers Unions have agreed on 17% hike under 12th Bipartite Settlement with 3% load factor. The calculation of new salary will be 12th BPS Dearness Allowance(DA) upto 8088 points of price index would be merged with basic pay. A) As on date DA=…
The All India Bank Employee Association (AIBEA) has declared a series of nationwide strikes starting from December 4, with subsequent strike dates staggered until January 11. The strikes are set to affect several banks across the country, and include …
Know the formula to calculate the hiked salary in 12th Bipartite Wage Revision for bankers - In the recent concluded 12th BPS settlement between IBA and Bankers Union, it is decided to have 2.50% load factor on basic pay. The overall hike will be 16…
Public Sector Banks are making this Diwali special for their employees with the announcement of gifts worth up to Rs 2500 to each of their employees. India's largest public sector lender, State Bank of India (SBI) has given Rs 2,500 to each of i…
