Reserve Bank of India vide notification dated 18.05.2017 has suggested that all Scheduled Commercial Banks should have Chief Financial Officer (CFO) and Chief Technical Officer (CTO). These are the jobs which require specialized qualification and experience. Presently all Banks do Read more…
Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. This 11th BPS Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning Read more…
11th Bipartite Settlement is due from 1st November 2017. Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. This Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, Read more…
Excel is a powerful tool, which can save your hours, if you know how to use it correctly. We have compiled some basic but very useful tips for beginner excel users. 1.Insert & delete Rows with Keyboard shortcut To insert Read more…
The first meeting for negotiating to salaries of Banks employees under 11th Bipartite Settlement has already taken place on May 2. UFBU has submitted the summary of demands, however, detailed charter of demand is yet to be submitted. But now Read more…
Reserve Bank of India has invoked ‘Prompt Corrective Action’ (PCA) on IDBI Bank. The PCA has been invoked by RBI due to IDBI Bank’s increasing NPAs and negative Return on Assets. IDBI Bank’s net NPAs increased to 9.61% in the Read more…
State Consumer Disputes Redressal Commission, Maharashtra directed Bank of Baroda to pay Rs.1 lac as compensation for not informing the rejection of housing loan and reasons thereof. Jayprakash R.Kushwaha entered into an agreement for purchase of house, in a Co.Op. Read more…
Leaders of Bank Employees’ Unions have demanded that name of the top corporate willful defaulters should be published and made public immediately. One of the AIBOC leader from Kolkata said that “The Reserve Bank of India has been steadfastly refusing to Read more…
Actual DA for Bank Employees from May 2017 will decrease by 1.40%. With the release of CPI data for the month of March 2017, we have now calculated DA for Bank Officers and workman Staff. (Read how DA for Bank Employees is calculated) Read more…
According to media reports, 10 public sector banks have been asked by the Ministry of Finance, Government of India, to cut cost, in order to get fresh capital infusion, which was promised by the Government under Indradhanush program. The list Read more…