Expected DA for Bank Employees from February 2018

Expected DA for Bank Employees from February 2018

DA for Bank Employees from February 2018 to April 2018 is expected to increased by 1.20 % (Read: How DA for Bank Employees is calculated). DA slabs for the next quarter, February 2018 to April 2018 are expected to be 528 i.e., 52.80 %. That means an expected increase...
Govt. to overhaul HR practices in Public Sector Banks

Govt. to overhaul HR practices in Public Sector Banks

According to a news report, Central Government is seeking to revamp the existing practices in Human Resource and Risk Management in Public Sector Banks. Suggested changes include hiring in specialized verticals at senior levels from private sector, establishing...
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...
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...
When will 11th Bipartite Settlement take place?

When will 11th Bipartite Settlement take place?

Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA.  11th bipartite settlement is due from 1st November 2017. Government of Indian has already written a letter followed by a reminder to complete the negotiation process to meet...
DA for Bank Employees from August 2017

DA for Bank Employees from August 2017

Dearness Allowance has increased by 2.20% for Bank Employees for the period August 2017 to October 2017. In other words, there is increase of 22 slabs in DA for bankers. (Read how DA for Bank Employees is calculated). READ  Summary of Charter of demand for 11th...

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