AskBanking – Get solution to all your banking FAQs
Banking FAQs & HowTo Guide
Calculate 11th Bipartite Salary Hike for Clerks (Projected) – Outcome of recent meeting between IBA and Banks’ Union shows that IBA is not at all agreed on any further hike in existing offer of 10%. In the recent meeting, IBA has also presented the Performance linked salary structure for bank employees and given a draft presentation […]
11th Bipartite Wage Revision Current Status – Meeting of Banks’ Union (UFBU) with negotiation committee of Indian Bankers’ Association (IBA) held on 29th September 2018 was concluded without any outcome. IBA was not agreed on any further hike on their earlier offer of 6%. Banks’ Union are insisting on salary hike of minimum 15% on […]
Calculate 11th Bipartite Salary Hike – Meeting between IBA and Banks’ Union are going on for salary hike for already pending 11th Bipartitre Wage Revision for Bankers. Recent meeting between IBA & Banks’ Union UFBU just concluded and IBA has rejected the demands of any further hike in existing offer of 6%. IBA has also […]
Enforcement Directorate (ED) has arrested the a former director of Andhra Bank in connection with a money laundering probe case involving a Gujarat-based pharma firm ‘Sterling Biotech’. The ED had alleged that Mr Anup Prakash Garg, former director had infused several crores of his unaccounted cash in various companies through many Kolkata based bogus shell companies with […]
In recent development on 11th Bipartite salary settlement for bank employees, Finance Minstry has stepped in and asked Indian Bankers’ Association (IBA) to speed up the wage revision deal. There is no visible progress till date on salary hike as after the 10th industry-wide wage settlement had run its course, ending on October 31, 2017, […]
If believes on the recent developments, Government may sooner implement the Voluntary Retirement Scheme (VRS) for the employees of already announced merging banks i.e. Bank of Baroda, Dena Bank and Vijaya Bank. Further, 11th bipartite negotiations may gather steam as the merger between the three public sector banks could see massive branch rationalisation in many of […]
Government of India, Ministry of Finance has appointed the Executive Directors (EDs) to various Public Sector Banks. DFS secretary Rajeev kumar has tweeted along with the notification and list of all the newly appointed EDs. PTI reported the list of all the 14 general managers who have been appointed as executive directors (EDs) in different public […]
Government of India, the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has approved the appointment of 10 MDs and CEOs in Public Sector Banks. The list of newly appointed MDs & CEOs are : (input by PTI) Mrutyunjay Mahapatra and Padmaja Chundru, (Deputy managing directors in State Bank of India) have been […]
by 
