The internal feud between Workmen and Officers Unions have derailed the proposed settlement of 11th BPS and arrears payment to the bank employees as promised before 25th October. Earlier, the employees union like AIBEA, NCBE, NOBW, INBEF has reject…
It is confirmed by the Bankers Union that the arrears of the 11th Bipartite Wage Settlement will be paid by 25th October 2020. The 11th Bipartite Salary settlement is almost at final stage and it is confirmed by the Bankers Union that IBA is going to…
The employees union like AIBEA NCBE NOBW INBEF has rejected the demand of Special Allowance pay at 16.4% and insisted on 20%. The officers associations has already accepted the demand of Special Pay allowances at 16.4% . The AIBEA will inform the det…
The Latest updates on meeting between UFBU and IBA on finalization of load factor as per 11th Bipartite Settlement discussion. The tough stand taken by AIBOC by taking along other 3 officers' organization in VC meeting & there after has resu…
AIBEA- minutes of meeting updates as on 12th October 2020. There were various decision taken in the meeting including the proposed call of strike on 26th November 2020. Additionally, discussion were made on the improvement of family pension i.e. Unifo…
UFBU has requested IBA on discussion for pending non financial issues of 11th BPS agreement. UFBU has communicated dated 08.10.2020 addressed to the Chairman, Working Group for Officers’. They request to convene a meeting of sub group of officers to d…
11th Bipartite Settlement Latest Updates about arrears payment and incorporation of revised salary . The revised salary of public sector bank employees are almost finalized and it is believed that the part arrears will be paid by end of October 2020 …
If you are a Public Sector Banker and rejoicing the 15% hike in your salary under 11th BPS , and planned the various expenditures, let me enlightened you that the actual hike on your payslip is mere 2.50% and not 15%. I am even looking after those me…
11th BPS Salary Hike - The waiting time is finally over for the public sector bankes. Their much needed demand for settling the 11th Bipartite Wage Revision is finally concluded with 15% hike. The MOU between the IBA and UFBU will be signed within 90…
Dead end for the bankers much awaited wage revision - 11th Bipartite . One of the constituent of the UFBU, the umbrella union for the bankers, who is in talk with IBA for 11th Bipartite Wage Settlement has said in the statement that the Wage Settlemen…
11th Bipartite Wage Revision - A thug's life ! The three-day bank strike that would have left banks closed for six days in March has been called off by the unions. The Indian Banks’ Association (IBA) has agreed to a 15% wage hike — the sa…
11th BPS Updates on 5 Days Banking in the Public Sector Banks - In the recently concluded meeting between the Bankers' Union, UFBU and IBA, discussion on the five days banking was made. The unions’ argue that the 5-day work weeks are the …
11th BPS Meeting Updates - This will be the most weired discussion, I have ever seen. In the recently concluded meeting of the IBA vs Banker's Union, it was demanded that One of the unions’ demands is that service charges for customers nee…
11th Bipartite Wage Revision Updates - As usual, no forward steps were taken in the meeting between IBA and UFBU. The meeting was inconclusive and IBA will give a new date. Calculate your Salary with 15% hike - Click Here The outcome of th…
11th BPS Pension hike - IBA may agree on the UFBU demand of hike in basic pension. The merger of dearness allowance is finalized at 47.8%. Post approval the hike on the basic pension will be approved over 47.8% DA. The total calculation co…
11th BPS Updates - After the proposed meeting, it is said that the IBA agreed on the majority of the demands raised by the UFBU as per the charter of Demands : Read - Calculate your Basic Pay with 15% Hike 1) 15% hike in the Basic Pay …
11th BPS Settlement - As expected the IBA has agreed on the 15% hike on payslip cost for the 11th Bipartite Wage Revision along with certain other restrictions like Performance Based Pay structure and other forward benefits. Calculate your Sala…
The Indian Banks' Association (IBA) has dubbed the 12.25% wage hike offer to bank employees as adequate, given the financial strains lenders face, though employees associations have called a two-day all-India bank strike on January 31 and Febr…
11th Bipartite Wage Revision latest updates - The conciliation meeting by Chief Labour Commissioner with IBA, UFBU and MoF failed due to no conclusive response from IBA. IBA wanted unions to defer the strike after which they will call for fur…
11th BPS Latest News - IBA has requested UFBU for deferring the proposed strike and submitted the list of demands with their offers. This list includes all the demands except 5 Days banking. A letter has been sent by the Deputy Chief Executiv…
