The waiting time is finally over for the public sector banks. Their much needed demand for settling the 11th Bipartite Wage Revision is finally concluded with 15% hike. Highlights of MOU between IBA and UFBU In todays meeting on 22-07-2020 Download IBA circular. The date of effect is 01.11.2017; Total increase will be 15% ( 7898 crores)

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Banks Wage Settlement – Latest News and Updates Admin October 13, 2020 AIBEA CENTRAL COMMITTEE MEETING 22-1012020 Wage Revision: The current developments relating to negotiations with the IBA after the signing of the MoU on 22-7-2020 was… Out of the proposed increase of 15% increase i.e. Rs. 7898.00 cr in wage bill of banks, Rs. 3385 Cr is to be given out to workmen employees. Out of Rs. 3385 Cr, an amount of Rs. 495 Cr is set aside for Basic Pay, Special Pay, PQP, and Dearness Allowance while balance Rs. 2890 Cr is to be distributed to other components. PSB Bipartite Wage settlement and latest news.Updates about bankers wage revision and expected salary calculator.Public Sector Bank employees salary revision and bipartite settlement updates. The waiting time is finally over for the public sector banks.

- Everything You Need To Know. Share Officers Wage revision - New Pay Scales - 10th BPS 10th BPS(Bank Bipartite Settlement) Finalized - Ne 2019-10-05 The salary of public bank employees will be hiked by 15% and this wage revision will be effective from 1.11.2017, says the official minutes statement released by IBA. A detailed joint note on the 11th bipartite settlement will be drawn and finalized within the next 90 days.It will give more clarity on the points that reached consensus mutually.

The Indian Banks Association has agreed to a 15% increase in wage bill for public sector banks, a revision that has been pending since 2017.. The 15% hike in the wage bill, applicable from March 31, 2017, is a one-time increase, which will be in place for a period of five years or whenever the next bipartite agreement is under discussion.

Highlights of MOU between IBA and UFBU In todays meeting on 22-07-2020 Download IBA circular. The date of effect is 01.11.2017; Total increase will be 15% ( 7898 crores) bank wage revision meeting dated 29 august 2019 details | 11th bps latest news About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test New Delhi: Uncertainty is looming large over bank employees as the final wage settlement has still not been signed, though the deadline for the deal has expired. The bank officers and other employees are disappointed as the issue is pending since November 2017. Latest News for Bank Employees Salary Wage Revision Talks with IBA. Nationalised Bank Employees News – Banking News.

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The bank officers and other employees are disappointed as the issue is pending since November 2017. Latest News for Bank Employees Salary Wage Revision Talks with IBA. Nationalised Bank Employees News – Banking News. 11th Bipartite Settlements, Meetings, Discussion Points and Decisions.

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Bank employees and officers' unions of public sector banks have deferred bank wage revision next meeting date announced About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features © 2021 Google LLC Their new pay scales are expected to be implemented with effect from 1st January, 2016. Their new basic pay is expected to vary from 2.57 to 2.78 times their present pay.

Latest News on Expected DA and IBA Orders: DA for Bank Employees from November 2020 December 4, 2020 2020-11-11 bank wage revision meeting dated 29 august 2019 details | 11th bps latest news About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test 2020-01-13 Bank Wages Revision: Final Meeting of BPS negotiations notice by IBA - Meeting at IBA Committee Room on 9th November, 2020 at 11.30 a.m 2020-08-20 2021-03-12 There were 20 rounds of negotiations during the last BPS and it was delayed by 30 months. For next wage revision (11 th bipartite settlement), which is already due from 1 st November, 2017, charter of demand has been submitted by UFBU but negotiations are going on.
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Bank Wage Revision 2019 Latest News. Next Bank Wage Negotiation Meeting with Unions / Association on 2nd February, 2019. As per the letter issued by the Senior Advisor of Indian Banks’ Association to the Convenor of United Forum of Bank Unions (UFBU) and General Secretary of National Confederation of Bank Employees on 22.1.2019, the next wage

Their much needed demand for settling the 11th Bipartite Wage Revision is finally concluded with 15% hike. Highlights of MOU between IBA and UFBU In todays meeting on 22-07-2020 Download IBA circular. The date of effect is 01.11.2017; Total increase will be 15% ( 7898 crores) Earlier this month, public sector bank employees called off the three-day strike that would have led to banks shutting down for six days when the Indian Bankers’ Association (IBA) revised the wage Last week, four bank officers’ unions led by the All India Bank Officers’ Confederation (AIBOC) blamed the Indian Banks’ Association (IBA) for derailing finalisation of the wage revision process for over four lakh bank officers under the recent wage settlement announced in July. “However, today (October 17) abruptly…IBA, in the forenoon, informed their inability to conclude and ink the joint note pertaining to officers’ wage revision with effect from November 1 As per the report, negotiations on the wage revision of the bank employees are also underway. It said, an ad hoc amount equal to an employee's one month salary, should be given.