12th Bipartite Settlement News

SBI, the country’s largest bank, has started the process of identifying functions and roles which can operate from home without affecting productivity, ET reported.  A big change is underway for public sector Banks (PSBs), where compulsory physical pr…

Indian Government has decided not to give any hike in DA for 12 Months - Centre and State governments expect to save ₹ 1.20 lakh crore With requirement for resources to fight the COVID-19 pandemic increasing every day, the government on Thursday deci…

The Central Government has put on hold the proposed increase in dearness allowance (DA) for its employees due to strain on its finances under COVID-19. Further, the union cabinet will take up a proposal to put a hold on any further increase for the cu…

Beware Now, your post on Facebook or Whatsapp or other social media platforms against your employers may put you in trouble - State Bank of India, the country's largest Public Sector Bank, said in a notice sent to its employees that disciplinary …

Revised Guidelines to banks for  lockdown extension - Bank branches would be allowed to operate, as per normal working hours till the process of disbursing direct benefit cash transfers is complete, the Ministry of Home Affairs said in its fresh guide…

COVID - 19 effects and government announcement of DBT - The  bank employees  association AIBEA,  has sought necessary transportation of its staff to bank branches after government announced various relief measures for citizens affected by the  coro…