Bank revises interest rates on FCNR (B) deposits State-run Indian Bank has revised the interest rates on foreign currency non-resident (banking) deposits with immediate effect. The Chennai-based bank has revised the interest rates on FCNR (B) deposits for one year and above but less than two years to 2.55 per cent as compared to the existing 2.53 per cent. For deposits … [Read more...] about Bank revises interest rates on FCNR (B) deposits
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Bank Employees
Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more
Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more Likely Bank D.A. from August 2014 Labour Bureau,Ministry of Labour and Employment,Govt.of India, has released All India Consumer Price Index Numbers for Industrial Workers ,Base 2001=100 for the month of May’14,today which stood at 244 points with an increase of 2 points while compared to April … [Read more...] about Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more
Central Pay Commission recommendations are not applicable to the employees of Public Sector Banks
Central Pay Commission recommendations are not applicable to the employees of Public Sector Banks Whether the Central Pay Commission benefits are not applicable for employees of banks…? The question has been raised by the Hon’ble member in Parliament, the concerned ministry replied that the ‘Central Pay Commission recommendations are not applicable to the employees of Public … [Read more...] about Central Pay Commission recommendations are not applicable to the employees of Public Sector Banks
Impacts of two days Banks Strike on 20th & 21st Feb, 2013
Impacts of two days Banks Strike on 20th & 21st Feb, 2013 While answering to a question regarding the strike on 20 and 21 Feb 2013 in the Parliament, Minister Namo Narain Meena said that 'It is not possible to quantify the loss of business, however, the inconvenience caused to the public was minimized with the functioning of the ATMs and internet banking'... "United … [Read more...] about Impacts of two days Banks Strike on 20th & 21st Feb, 2013
Government again Appeals to the Bank Employees not to join the Strike on February 20-21, 2013
Government again Appeals to the Bank Employees not to join the Strike on February 20-21, 2013 The Central Government is disappointed to note that a section of the bank employees has decided to join the strike called by certain Trade Unions on February 20-21, 2013. Prime Minister of India has made an appeal to the Trade Unions not to go strike. Government has also set-up a … [Read more...] about Government again Appeals to the Bank Employees not to join the Strike on February 20-21, 2013
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2013 under IX BPS / Joint Note dated 27/04/2010
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2013 under IX BPS / Joint Note dated 27/04/2010 Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/76/D/2012-13/6690 1st February, 2013 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and … [Read more...] about Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2013 under IX BPS / Joint Note dated 27/04/2010
Bankers demand 5 days week, NUBE submitted memorandum
Bankers demand 5 days week, NUBE submitted memorandum Demand for five days' week in bank is again on the news. NUBE, an organization of bank employees recently submitted a memorandum to Central Govt for implementation of this long awaited demand. "At present all Central government establishments, RBI, Forex Department, Parliament, State Assemblies, Treasury, ITBT industries … [Read more...] about Bankers demand 5 days week, NUBE submitted memorandum
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