Amendment - 14% NPS Contribution to the Bank Employees

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

BBB has demanded the complete autonomy to the Public Sector Banks

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…

Ex Bankers May No Longer Able to Represent Unions

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 Declares as a Majority Union in Bank of Baroda Now

All India Bank Employees' Association (AIBEA) has declared happily that they own the majority membership in newly merged Bank of Baroda, Vijaya and Dena Bank. There was a meeting held at Hyderabad for discussion on various agenda. Read -   L…

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