IBA Agreed on 5 Days Banking

IBA agreed on 5 days banking in the public sector banks and awaiting the response from the finance ministry. The final decision has to be taken by the Government on this issue. As per the recent communication received through one of the reader of the …

Revision in Transfer Allowances For PSB Employees

Finally, after a long battle, the IBA has revised the transfer allowance on transfer including the train freight charges. The new guidelines on reimbursement is made effective immediately. The new Train Lorry charges to be paid to the officers are Rs …

MoF Directs Public Sector Banks to Start 12th BPS Settlement

A letter issued by Ministry of Finance, Government of India to the chairman of State Bank of India and MD & CEOs of other Public Sector Banks to initiate the process of 12th Bipartite Wage Settlement for the employees. The letter issued by Under S…

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