IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017 The confirmed All India Average consumer Price Index Numbers for Industrial workers (Base 1960=100) for the quarter ended June, 2016 are as follows:- April 2016 – 6185.82 May 2016 – 6277.12 June 2016 – 6322.77 In terms of Regulation 37 of Bank Employees … Read more
No bank strike on July 12, 13 CHENNAI: The two-day strike call given by major unions in the banking sector have been deferred following an restraint order by the Delhi High Court, said a top leader of All India Bank Employees’ Association (AIBEA). “In view of the Delhi High Court restraint order, our strike on … Read more
Opposing merger with SBI, unions in associate banks to strike work Despite opposition and protest by all the AIBEA’s Workman Directors and a few other independent directors about the proposal and the procedure adopted, the resolution has been approved in this regard Opposing the decision of boards of directors of five associate banks of State … Read more
Dearness Relief payable to Pensioners for the period February to July, 2016 – IBA Indian Banks’ Association HR & INDUSTRIAL RELA TIONS No.CIR/HR&IR/D/G2/2015-16/2013 January 30, 2016 Designated Officers of all Member Banks Which are parties to the Bipartite Settlement on Pension Dear Sirs, Dearness Relief payable to Pensioners for the period February to July, 2016 … Read more
Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia Indian Banks’ Association HR & INDUSTRIAL RELATIONS No. CIR/HR&IRID/G2/2015-16/2022 January 30, 2016 Designated Officers of all Nationalised Banks and Associate Banks of State Bank of … Read more