Checkout the recent judgement on petition filled for reconsidering the enahnce gratuity benefit to retired bankers since 01.01.2016. IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Order: June 01, 2018 + W.P.(C) 6423/2018 LAXMI KANT…
I think the 11th Bipartite Settlement for Public Sector banks is now no more a priority for Banker's Unions. All India Bank Employees' Association (AIBEA) is demanding and going to start agitation for Nationalization of ICICI Bank, Axis Bank…
All Indian Bank Officers Association (AIBOA) has demanded for the president's intervention in LIC-IDBI bank deal. AIBOA said that President needs to ensure that none of the policy holder premium money goes for IDBI bailout. A communication …
Recently Minister of Finance, concurrent charges Piyus Goyal has claimed that the "Banks and Employees Not Fulfilled on Expectations". He further added that Public Sector banks employees failed on ethics ground which led to higher Non perf…
While allowing a Writ Petition filed by Mrs. A. Muthuiruvakkal of Nagercoil in Kanyakumari district the Madras High Court Madurai Bench of Justice K. Ravichandrabaabu held that a Savings Bank Account maintained primarily for the purpose of depositin…
All India Bank Officers' Confederation (AIBOC) has released a press release against the government move to take a haircut on Alok Industry outstanding loans. Read the Press Release : Here
Banker's union are demanding for early settlement of their 11th Bipartite wage revision and they are denied for weak earning of banks where as Central Government employees dearness allowance hiked by 2%. Banker's have to decide now about…
Banker's Union has demanded the appointment of Employees director on Public Sector Board as per the Bank Nationalisation Act. They even linked the non appointment of Officers as well as employees directors on Bank board for failure in checking …
Government is all set to launch Payment of Gratuity Amendment Bill 2017 in upcoming budget session of parliament. Once the bill gets pass in the parliament, the eligibility of tax free gratuity for employees of organized sector workers will be Rs …
Central Government already has increased the Gratuity limit for all central government employees from existing Rs 10 lacs to Rs 20 lacs since 01-01-2016. The cabinet has also approved the amendment notes in parliament. On the basis of enhancemen…
Banker's united union has shown the sign of weakness once again after deferring the proposed 27th December strike. We don't understand, why they call for strike if they don't stick with their decision. Union doesn't understand the g…
Public Sector Bank's Union has given deadline ultimatum to IBA and government till December, 2017 for settling the already due 11th Bipartite Salary settlement. The previous wage agreement of banks was signed in May 2015 with retrospective effec…
Aadhaar rule states that bank officers held accountable if anyone commits fraud. It means the center heads of all the Aadhaar enrollment centers opened with bank branches are responsible and held guilty for any frauds related to Aadhaar enrollment. …
Expected DA for May 2017 To July 2017 for Public Sector Bank Employees - calculation shows that the Dearness Allowance for bank staff will decreased by 1.50% for the month of May, June and July 2017. CPI data for February, 2017 has been relea…
