11th BPS Revised DA Rates For All Including Retirees

Know the new revised dearness allowances for bankers as well as retirees as per 11th BPS Settlement. IBA is agreed with 15% hike for bankers effective from 01st Nov 2017.  The arrears to be paid to the bank employees by their respective banks as per t…

How to Calculate Load Factor in 11th Bipartitesettlement ?

Know the formula to calculate the hiked salary in 11th Bipartite Wage Revision for bankers - In the recent concluded 11th BPS settlement between IBA and Bankers Union, it is decided to have 2.50% load factor on basic pay. The overall hike will be 15%…

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