81
Articles
HR
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 settlement to…
82
Articles
HR
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 2017. Indian…
83
Articles
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 DA from…
84
Articles
HR
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 officers’ associations…
85
Articles
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 time and…
86
Articles
Knowledge Hub
CGTMSE Scheme Explained in detail [updated]
CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a government-backed guarantee scheme that enables banks to extend collateral-free loans…
87
Articles
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 complaints received…
88
Articles
Banking News
89
Articles
Merger of Banks – Disadvantages for Bank Employees
Earlier since the Government gave its in principle approval for merger of public sector banks, it is a hot topic of discussion…
90
Articles
Bank of Baroda, Dena Bank and Vijaya Bank Merger announced by Govt.
The government will merge state-owned Vijaya Bank, Dena Bank and Bank of Baroda to create India’s third-largest lender, Financial Services Secretary Rajeev…