Bank Wage Revision Update – Meeting of Unions and IBA

Bank Wage Revision Update – Meeting of Unions and IBA

Another round of discussion took place between Indian Bank Association and Workmen Union on 14th November 2017. Wage Revision by way of 11th Bipartite Settlement is due from 1st November 2017 and is pending. (In the meantime, DA for Bankers has increased by 3.80% from...
DA for Bank Employees from November 2017 [Confirmed]

DA for Bank Employees from November 2017 [Confirmed]

As we predicted, DA for Bank Employees from November 2017 to January 2018 has increased by 3.80 % (Read: How DA for Bank Employees is calculated). DA slabs for the next quarter, November 2017 to January 2018 will be 516 i.e., 51.60 %. That means there is an increase...
5 Days working for Banks?

5 Days working for Banks?

The demand for 5 days week in banks is included in charter of demand for 11th BPS and is under negotiation. During recent time, there have been various rumors that 5 days banking has been approved from 1st November 2017, even some videos and some fake news articles...
11th BPS Latest update – 3rd Round of Core Group Meeting

11th BPS Latest update – 3rd Round of Core Group Meeting

11th Bipartite Settlement is due from 1st November 2017 for which negotiations are under process. UFBU has already submitted Charter of Demand for 11th BPS in June 2017.  Here is the latest update on 11th Bipartite Settlement. 3rd Round of Core Group Meeting of...
Comprehensive guide to Credit Appraisal Process in Banks

Comprehensive guide to Credit Appraisal Process in Banks

Do you know, which loans turn bad? Loans sanctioned without proper due diligence and understanding the business of the customer and due to lack of knowledge or ignorance. And loans sanctioned under pressure. You can avoid both situations by having sufficient knowledge...

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