On the recommendations of Bank Board Bureau, Appointment Committee of Cabinet has elevated 9 General Managers to Executive Directors in different Public Sector Banks. Two GMs have been elevated to Executive Director post in the same Bank. 1. Bajrang Singh Shekhawat, General Manager in Central Bank of India will now Read more…
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). [irp posts=”2346″ name=”Summary of Charter of demand for 11th Bipartite Settlement”] [irp posts=”2483″ name=”Merger 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) See: Actual DA for May 2017 to July 2017 Have Read more…
Government has given a big pay hike for RBI Governor Urjit Patel and Deputy Governors of RBI. Basic salary of Urjit Patel, RBI Governor has been increased from Rs.90,000 per month to Rs.2,50,000 per month and that of deputy governors, it has been increased from Rs.80,000 per month to Rs.2,25,000 Read more…
Actual DA for Bank Employees from February 2017 will decrease by 0.90%. With the release of CPI data for the month of December 2016, we have now calculated DA for Bank Officers and workman Staff. (Read how DA for Bank Employees is calculated) [irp posts=”2147″ name=”DA for Bank Employees from May 2017″] Average Read more…
There is good news for Public Sector Bank Employees. Vinod Rai, Chairman of Bank Board Bureau said that Bank Employees will get more attractive pay packages from next financial year (2017-18). This is to retain talent and attract more professionals in Public Sector Banks. The 11th Bipartite Settlement is also due in November Read more…
See: Expected DA for Bank Employees from February 2016 Increase in Dearness Allowance for Bank Employees for November 2016 to January 2017 is 2.30%. CPI for the month September 2016 was announced on 31st October 2016, which is 277. CPI for July 2016 and August 2016 were 278 and Read more…
Here is the list of salary of top bankers in India. Managing Director of HDFC, Aditya Puri is being paid highest salary in Banking Industry in India, who got 32% hike in salary. Aditya Puri Managing Director, HDFC Remuneration (2015-16): Rs 9.7 crore per annum Dipak Gupta WTD designated as Joint Read more…