12th Bipartite Settlement News

AIBEA Demands Old Pension Scheme in 12th Bipartite Settlement for public sector bank employees. The  union have demanded for the restoration of the old pension scheme for all the employees who joined after 2007.  It is also included in charter of dema…

5 Days Banking Latest Updates - AIBOA, AIBOC and other officers union has  submitted the revised banking operation schedule to IBA under 5 Days Banking. The revised timing for the Public Sector Banks will be 9:45 AM to 5:15 PM with 30 Minutes Lunch Br…

12th Bipartite Wage Settlement Latest Updates - The charter of Demands submitted by Canara Bank Officers Association (CBOA) to IBA on 19th October where the 12th BPS is due for the 10 lacs bank employees from 1st Nov 2022.  CBOA has raised their dema…

What is UPI 123PAY : To decrease cash-based transactions in India, the RBI introduced UPI. For a sizable percentage of the population who lacked smart phones, UPI was unavailable. The RBI introduced UPI 123Pay to solve this issue. Customers will be ab…

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…

Daily Banking News & Financial Awareness for 13th September 2022 around the web from the various Newspapers. A representation made by IBA to the Government is likely to trigger a Competition Commission of India (CCI) probe into alle…

The Maharashtra State Bank Employees Federation (MSBEF) has raised their concern against the Banks' Credit Outreach Program or Loan Melas, which is putting the overall pressure on higher NPA due to lack of due diligence process. The Maharashtra St…

Next Round of Meeting with IBA on Residual and Pending issues on 23rd Sept 2022. This is the condition of Wage settlement in the Banking sector. One may think about the status of 12th BPS when the settlement of 11th BPS is still pending. The 11th BPS …

Interestingly ' No 5 Days Banking in the Charter of Demands of AIBEA' , All India Bank Employees' Association has requested for the suggestions from all the bank's federation and union for compiling the charter of demands for 12th Bipa…

Daily Banking News for 24th August 2022. Get the latest Banking & Financial Updates from around the web from all the financial resources for you. A daily feed for bankers. NO PLANS FOR CHARGES ON UPI TRANSACTIONS: FinMin: Finance Ministry on Sun…

Daily Banking News for 20th August. Get latest updates on Banking & Financial Awareness @bipartite News. SOVEREIGN GOLD BOND SCHEME 2022-23 (SERIES II): Sovereign Gold Bonds 2022-23 (Series II) will be opened for subscription during the period Au…