12th Bipartite

Salary Calculator For Bank Employees - 12th Bipartite Settlement

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…

Calculate Your Salary with 2.5% Load Factor

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…

12th BPS Update - Next Meeting to be Held on 9th Nov

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…

Calculate Your Salary with 15% Hike in 12th Bipartite Wage Revision

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 BPS Updates - List of Demands Accepted by Bankers' Union

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…

12th Bipartite DA Merger Formula - Committee Created

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…

Talks on 12th Bipartite Wage Revision Starts from 28th July

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

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 …

Revision in Transfer Allowances For PSB Employees

Finally, after a long battle, the IBA has revised the transfer allowance on transfer including the train freight charges. The new guidelines on reimbursement is made effective immediately. The new Train Lorry charges to be paid to the officers are Rs …

MoF Directs Public Sector Banks to Start 12th BPS Settlement

A letter issued by Ministry of Finance, Government of India to the chairman of State Bank of India and MD & CEOs of other Public Sector Banks to initiate the process of 12th Bipartite Wage Settlement for the employees. The letter issued by Under S…

12th BPS Latest Updates - IBA and UFBU Meeting Scheduled for 12th

12th BPS Latest Updates - IBA has called UFBU for meeting on 12th Jan 2022 at Mumbai. The meeting is called for discussing the below agenda items. :  1. Follow up on the decision made on 5 days banking 2. Pension Updation 3. Demand for OPS over NPS 4.…

12th BPS Latest Updates - UFBU Meeting with Member Unions

12th BPS Latest Updates - UFBU Meeting with Member Unions on discussion about the pending issues with IBA along with 5 Days Banking, Pension Updates and unnecessary delay in settling the 12th Bipartite Wage settlement. Meeting is called on 15th Decem…

UFBU Demands Early Settlement of 12th Bipartite Wage Settlement

UFBU Demands Early Settlement of 12th Bipartite Wage Settlement for the Public Sector Bank employees. It is advised by Bankers' Union to IBA citing the delay in earlier wage settlement and eroding of real benefits of hiked wage due to higher infla…

12th BPS News - UFBU Calls For Meeting With IBA

UFBU Calls For Meeting With IBA on 4th of Nov 2022 at Mumbai for discussion about the 12th BPS Wage Settlement and other related issues. The Agenda of the meeting are :  1. To Discuss About the Privatization of the Banks 2. Pending issues related to 1…

AIBEA Demands Old Pension Scheme in 12th Bipartite Settlement

AIBEA Demands Old Pension Scheme in 12th Bipartite Settlement for public sector bank employees. The  union have demanded for the restoration of the old pension scheme for all the employees who joined after 2007.  It is also included in charter of dema…

AIBOA New Revised 5 Days Banking Timing for PSBs

5 Days Banking Latest Updates - AIBOA, AIBOC and other officers union has  submitted the revised banking operation schedule to IBA under 5 Days Banking. The revised timing for the Public Sector Banks will be 9:45 AM to 5:15 PM with 30 Minutes Lunch Br…

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