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 ‘Pension Regulations, 1995 Dearness Relief is … [Read more...] about IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017
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BANK STAFF NEWS
Bank employees to observe one-day strike on July 29
Bank employees to observe one-day strike on July 29 Public and private sector bank employees have decided to observe a day-long strike on July 29 to oppose the "anti-people" banking reform policies of the Centre, AIBEA said today. The United Forum of Bank Unions (UFBU) consisting of nine trade unions across the country representing 10 lakh bank employees and officers … [Read more...] about Bank employees to observe one-day strike on July 29
No bank strike on July 12, 13
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 12th and 13th July stands deferred," said AIBEA General Secretary … [Read more...] about No bank strike on July 12, 13
Opposing merger with SBI, unions in associate banks to strike work
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 Bank of India (SBI) to close down … [Read more...] about Opposing merger with SBI, unions in associate banks to strike work
Dearness Relief payable to Pensioners for the period February to July, 2016 – IBA
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, … [Read more...] about Dearness Relief payable to Pensioners for the period February to July, 2016 – IBA