NPS in SBI Has No Legal Standing - Hon’ble Kerala High Court

NEW PENSION HAS NO LEGAL STANDING Justice has given the judgment in the case in reference to a similar   writ petition which was disposed of as per judgment dated 26th October 2017. It was held in the judgment that “thus I have to hold that the …

AIBEA Advocating Jet Airways - Asking Banks to Lend Money

If believe on the IANS reporting, Bankers' Union AIBEA is advocating in favor of Jet Airways and asking banks to lend money. A brief news in this regars may be checked here : Read -  Ex Bankers May No Longer Able to Represent Unions ______…

Bank Employees Dearness Allowance (DA) For May to July 2019

Public Sector Bank (PSB) bank employees Dearness Allowance (DA) has been hiked to 64.50%. Starting may the salary of the bank employees are increased by 3.4%. Read -  This will be Your Expected Basic Pay After 11th Bipartite Settlement ! The…

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…

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