It is further most respectfully submitted that Indian Banks' Association i.e. Respondent No.3 in the present Petition, as mentioned hereinabove, is an association of Banks and is neither the State nor the instrumentality of State and therefore, Pe…
Kerala high court has given the verdict stating Pension a deferred salary and Right to Pension is a constitutional right. "Pension is no longer a bounty to be paid at the whims and fancies of the employer. On the other hand, pension is deferred s…
In a major step towards employee welfare and development, the Rajasthan government has implemented the Old Pension Scheme (OPS) for all the government employees appointed on or after 1st Jan 2004. It is also defined that employees will get benefit lik…
Union Finance Minister Nirmala Sitaraman had announced revisions in the pension scheme for public-sector bank pensioners. This new scheme will benefit thousands of families of public-sector bank employees. With the enhanced family pension scheme, th…
In the 10th Bipartite Wage Settlement, the additional Stagnation Increment was considered for award staffs and officers up to certain scale. IBA has directed the such banks to release the arrears, where the arrears was not released by their board. The…
SUMMARY OF THE VIDEO CONFERENCE MEETING HELD ON 06th JANUARY 2021 BETWEEN THE CHAIRMAN, SBI AND REPRESENTATIVES OF THE FSBIPA ______________ PRESENT From SBI: 1. Sri Dinesh Kumar Khara - Chairman 2. Sri Rana Ashutosh Kumar Singh - DMD & CDO Fro…
Probably the pensioners of the Government run Public Sector Banks need not be at the mercy of UFBU and various Unions or Federations. Finance minister had already given her consent in the open interview with Business Standard. She openly told that th…
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…
