Bank Strike today (Sep 2, 2015) – a Massive Success All India Bank Strike called today by All India Bank Employees Association has been a massive success all over the country. In addition to AIBEA, the strike call has been given jointly by AIBOA, BEFI, INEF and INBOC. Unions in LIC, RBI, NABARD, IDBI also joined the strike. All India Co-operative Bank Employees … [Read more...] about Bank Strike today (Sep 2, 2015) – a Massive Success
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Bank Unions
Banks confirm participation in September 2 general strike nationwide
Banks confirm participation in September 2 general strike nationwide Bank employees and officers associations have confirmed their participation in the nationwide general strike to be held on September 2. In a press release, CH Venkatachalam, the General Secretary of All India Bank Employees Association, said, “The Centre is following anti-worker and anti-welfare … [Read more...] about Banks confirm participation in September 2 general strike nationwide
Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017
Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees for period 1.11.2012 to 31.10.2017 Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017 Government of India Ministry of Finance Department of Financial Services Jeevan Deep. … [Read more...] about Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017
PSU bank employees will soon get pay hike, arrears for 30 months
PSU bank employees will soon get pay hike, arrears for 30 months Mumbai, May 22: Employees of public sector banks, old generation private sector banks and some foreign banks will be a happy lot as they will soon get 15 per cent pay hike, arrears for the last 30 months, and other benefits as part of a deal that the unions and bank managements have reached. Unions, under the … [Read more...] about PSU bank employees will soon get pay hike, arrears for 30 months
Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015
Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015 All India Bank Employees Association (AIBEA) published the discussion points in the meeting with Indian Banks Association held on 17th March 2015. Nearly 26 points were discussed in the meeting and more important issues like construction of Revised Pay Scales, revised DA formula, HRA rates, Transport … [Read more...] about Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015
Likely increase of salary for bank employees
Likely increase of salary for bank employees After long wait and negotiations, strike call and withdraws, finally the wage hike settled for bank employees with 15% hike in pay slip components and two extra holidays per month. Click here for details. Details of hike and joint note will be prepared within three months. As per sources, two saturdays will be holidays … [Read more...] about Likely increase of salary for bank employees
IBA Circular on deferment of bank strike proposed on 7th Jan 2015
IBA Circular on deferment of bank strike proposed on 7th Jan 2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/Q/2014-15/1137 January 6, 2015 Chief Executives of Member Banks which are parties to the Bipartite Settlement Dear Sir/Madam, Strike Notice by UFBU on 7th January 2015 – Deferred Please refer to our Circular … [Read more...] about IBA Circular on deferment of bank strike proposed on 7th Jan 2015
Bank Unions wage increase demand irrational: IBA
Bank Unions wage increase demand irrational: IBA Indian Banks’ Association said it is the only representative body of banks which acts on the mandate given by the banks for wage settlement, a statement issued here said. It said IBA’s Negotiating Committee comprise of CMDs of Public Sector Banks as well as Private Sector Banks which are parties to the … [Read more...] about Bank Unions wage increase demand irrational: IBA
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