Department of Financial Services (DFS), Government of India has notified the amendment in the contribution of 14% in existing NPS. Notification Letter : Read - 13 Months Salary May be Given to the Employees of These Public Sector Banks
AIBEA Letter to The Governor, Reserve Bank Of India on Proposal of Merger Of Lakshmi Vilas Bank with Indiabulls housing Finance ltd. Read - Logic Explains - IBA's Performance Based Salary for Bank Employees
The Banks Board Bureau (BBB) has reiterated some of the pending demands related to governance in public sector banks (PSBs) to the central government, including complete autonomy to their boards to decide on organisational structure. Read - Logic…
The Madras High Court has suggested to the law commission and ministry of labour and welfare to amend the Trade Union Act to stop outsiders, including former employees, from being members or office bearers of employees’ trade unions. Currently…
AIBEA demanded revert to categorizing IDBI as 'other public sector bank'. The All India Bank Employees Association (AIBEA) has requeste the Reserve Bank of India (RBI) to reconsider its decision to categorize IDBI Bank as a private sector…
What would be the impact of proposed merger deal of BOB, Vijaya & Dena Bank ? - A Question in the mind of each of the employee of Dena & Vijaya bank ! Although Union finance minister Arun Jaitley promised that employees of these banks w…
No Old Pension only NPS - All hopes shattered for bankers as a group of bank unions were raising demand to replace the existing NPS with old Pension Scheme. Finance Minister Arun Jaitely said in the parliament that The government has no prop…
Finance Minister Arun Jaitley on Friday confirms in Lok Sabha that there would be no loss of jobs due to merger of Vijaya Bank & Dena Bank with Bank of Baroda. The Cabinet has approved merger of Vijaya Bank and Dena Bank with Bank of Baroda…
In order to provide all day banking facilities and differentiate the services from peer banks, Public Sector Syndicate Bank pitches for Holiday or Sunday Banking . Interestingly, in 11th Bipartite Wage Settlement, Bankers Union is demanding 5 day…
Request Forwarded by Bankers' Union Against Calling Officers on Holidays It is brought to our notice that some of the Zonal Managers and Regional Managers have instructed the Branch Heads to call all officers for recovery work on 27th &…
A message is in circulation that the DFS has declared banking industry as Public Utility Service w.e.f. 25/10/18 valid for 6 months under Industrial Dispute Act,1947 and the same gives power to the Government to invoke Essential Services Maintena…
I don't know what to comments but a small protest by bunch of bravehearts has made their presence felt and forced a decade old Bankers' Association to finally recognizing them. A recent Teaser poster published by All India Bank Employees…
Vijaya Bank employees are protesting against the proposed merger with Bank of Baroda & Dena Bank. Watch out the videos of protest by Vijaya Bank employees..
Do you know what is being the bitter truth of working with Public Sector Bank ? We Bankers have lost a lot in these few years. This is something which was shared by one of the user of this blog. I urged you to go through the bitter truth of bankers …
May of you may not believe on this news but it is an inside news through various bank Union's members that Read - AIBEA Agrees on IBA offers of 12% Salary hike in 11th Bipartite Wage Settlement Read - IBA Insisted on Performance Based Salar…
Government of India, Ministry of Finance believes that the proposed three-way merger between Bank of Baroda, Vijaya Bank and Dena Bank may necessitate an offer of 'Golden Handshake' for employees. It means government is expecting to settle d…
All India Bank Employees Association (AIBEA) has threaten to go on strike against the recent announcement of merger of Bank of Baroda, Vijaya bank and Dena Bank. Bank's Unions are not supporting the merger of Banks. AIBEA G eneral S ecretar…
First time in the history of Public Sector banks, Public sector banks (PSBs) such as State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are planning to introduce a performance-linked salary model for their senior …
The Co-ordination Committee of Bank, Insurance and Finance Sector Unions (CCBIFU) has threaten to go on strike during the winter session of the Parliament if the government does not revise its policies on banking and insurance sectors. The All…
All India Bank Employee's Association (AIBEA) has extended their support to proposed All India Strike in Canara Bank on 31st July 2018. Earlier Canara Bank Employees Association has given a call to All India Strike in bank on 31st July 2018…
