Articles

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

What is CERSAI and How to Search property in CERSAI?

What does CERSAI mean? CERSAI is the acronym for Central Registry of Securitisation Asset Reconstruction and Security Interest, which is…

5 years ago

30 months is the the Average delay in bank wage revision

Average delay in bank wage revision for last 5 BPS is 30 months. Since 1966, there is no BPS on…

5 years ago

What is Pari Passu Charge | Simple Explanation

Meaning of pari passu charge - Pari-passu is a Latin phrase, which means "equal footing".  Thus pari passu charge means,…

2 years ago

CGTMSE Scheme Explained in detail [updated]

CGTMSE Scheme known as “Credit Guarantee Fund for Micro and Small Enterprises” is a guarantee fund set by Government of India…

5 years ago

Complaints with banking ombudsman increased by 25%

RBI released Annual Report of Banking Ombudsman Scheme for the year 2017-18. Key highlights of the report are : ·         Total…

5 years ago