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…
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…
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…
IBA has intimated the Joint forum of bankers' union for next round of meeting on 9th Nov 2023. Further negotiation will be held on hike in the already offered 15% increase in the Payslip cost under 12th Bipartite wage settlement. Also Read - Cal…
12th Bipartite Salary Revision Calculator - Calculate Your Salary with 15% Hike in 12th Bipartite Wage Revision by IBA. The recent offering may increase the salary of the bank employees by 15% on Payslip cost. Though the offer is being rejected by th…
12th Bipartite Salary revision for the public sector bank employees, latest updates and the list of demands accepted by the Bankers' Union and other demands under considerations. XII BIPARTITE SETTLEMENT Core Group (Officers) Meeting Chairman of C…
As per the instructions of the IBA 9th Joint note, a committee was created to discuss the Dearness Allowance merger formula for the 12th BPS Salary revision. The committee will discuss the demand for : 1. New DA formula after merger 8088 points 2. Imp…
UFBU message :Today bipartite talks for next wage revision settlement formally began between IBA and UFBU. IBA has formed the main Negotiating committee as well as Sub committees to discuss our demands. Discussion on our demands will continue from the…
IBA agreed on 5 days banking in the public sector banks and awaiting the response from the finance ministry. The final decision has to be taken by the Government on this issue. As per the recent communication received through one of the reader of the …
