Articles

Public Sector Banks allow Work from Home for some employees

With the widespread outbreak of Corona Virus, various Public Sector Banks have asked the employees at corporate offices (Head Office,…

5 years ago

40% recovered by banks in large 12 large insolvency cases

According to BloombergQuint, in the 12 largest accounts, referred for insolvency proceedings in June 2017 as identified by RBI, there…

5 years ago

Chief labour commissioner directed IBA and bank unions to resolve difference in 15 days

Central Chief Labour Commissioner (CLC) has advised Indian Banks' Association (IBA) and the bank to resolve their differences over wage…

5 years ago

DA for Bank Employees from February 2020 to April 2020

Update 31 January 2020: DA for bank employees increased by 4.20% for the quarter February 2020 to April 2020. Good…

5 years ago

United Bank of India wants a new name of the merged Bank

According to a report in Business Standard, United Bank of India has written to the Government seeking a new name…

5 years ago

DA for Bank Employees from November 2019 to January 2020

Update: 31/10/2019: DA for Bank Employees increased by 3.60% for the quarter, November 2019 to January 2020. We had projected…

5 years ago

Adhoc payment to bank employees – 11th bipartite settlement

IBA vide letter dated 01.10.2019 has advised all Public Sector Banks and Private/ Foreign Banks who are parties to bipartite…

5 years ago

Next round of talks for 11th bipartite settlement on 29th August

Next round of bipartite settlement discussions to start on 29th August 2019. The 11the bipartite settlement is due since November…

5 years ago

DA for Bank Employees from August 2019 to October 2019

DA for bank employees increased by 3.6% for the quarter, August 2019 to October 2019.   Read: Increase in Expected…

5 years ago

Bank Salary negotiations to restart soon (11th bipartite settlement)

Wage negotiations under bipartite settlement for workmen of public sector banks may resume soon. But it is unlikely that bank…

5 years ago