IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance

IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance ALL INDIA BANK EMPLOYEES’ ASSOCIATION Singapore Plaza, 164, Linghi Chetty Street, Chennai – 600001 CIRCULAR No.27/120/2015/31 To ALL UNITS AND MEMBERS: 27th July, 2015 Dear Comrades, We reproduce hereunder the IBA’s Circular No.1120 dated 25-7-2015 providing clarification on the following issues … Read more

Finance Ministry approved 10th Bipartite Settlement Wage Revision for Officer Employees of Public Sector Banks

Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees for period 1.11.2012 to 31.10.2017 Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017 Government of India Ministry of Finance Department of Financial Services Jeevan Deep. IIIrd Floor, Parliament Street, … Read more

10th Wage Agreement – IBA (Indian Banks’ Association) Circular

10th Wage Agreement – IBA Circular Indian Banks’ Association 10th Wage Agreement Indian Banks Association inked wage settlement with Employee Unions and Officers’ Associations today, 25th May, 2015. The settlement gives 15% increase in salary and Allowances to about 10 lakh bank employees. Employees and officers from 43 banks including public sector banks, old private … Read more

Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th

Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th A 15% salary hike, 30 months pay arrears and other such concessions are part of the new wage agreement(Joint Note / Bipartite Settlement) that the United Forum of Bank Unions and the Indian Banks’ Association … Read more

Financial Components of Wage Revision – AIBOA Circular

Financial Components of Wage Revision – AIBOA Circular ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.10/VI/2015 May 20,2015 Camp :Mumbai All Units / State Committees Dear Comrades, · Understanding reached on financial components of wage revision. · 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current … Read more