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Revised Performance Linked Incentive Calculator for Public Sector Banks

Revised Performance Linked Incentive Calculator for Public Sector Banks – The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the senior executives of public sector banks (PSBs) i.e. Chief Manager, AGM, DGM, General Managers and CGM than MD & CEO including Executive Directors. The PLI ceiling for Managing Director & Chief Executive Officers and […]

11th Bipartite Settlement

11th BPS Updates – IBA Not Agreed on Wage Revision without Performance Linked Pay (PLP)

11th Bipartite Wage Revision for Public Sector Banks’ employee – Indian Bankers’ Association (IBA) is not agreed on settling the long pending wages for bank employees without performance linked pay structure. In today’s meeting at mumbai, IBA had made it clear to Bankers’ Union UFBU and asked them to draft the salary structure based on […]

11th Bipartite Settlement

IBA & UFBU Meeting Outcomes for dated 19-06-2019 for 11th Bipartite Salary Revision

11th Bipartite wage settlement Meeting Updates discussion – Date of Meeting – 19-06-2019 between IBA and UFBU ! After a long time, the discussion on 11th Bipartite wage settlement is restarted and first meeting scheduled on 19.06.2019 between the leaders of UFBU unions and IBA. The officers’ associations AIBOC and NOBO did not participate in […]

11th Bipartite Settlement

11th Bipartite Salary Calculator- Calculate Your Expected Basic Pay with Hike

11th Bipartite Salary Calculator – 11th BPS is settled for Public Sector Bank Employees with 15% hike and 2.50% load factor. Now, calculate your expected basic pay along with the Gross difference in the salary. Read – Employees of these Banks may not get any salary hike after 11th Bipartite ? Read – Calculate Clerks Salary Difference […]

11th Bipartite Settlement

BoB-Dena-Vijaya Bank Merger May Lead to Job Cuts !

Bankers Union are in thought that the proposed merger of Bank of Baroda with Vijaya Bank & Dena Bank will lead to massive job cuts. The All India Bank Employees Association (AIBEA) has called for a nation-wide strike on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank. The 11th Bipartite Wage […]

11th Bipartite Settlement

11th Bipartite Wage Revision – 30-11-2018 Meeting Updates

11th Bipartite Wage Revision for Bank Employees’ updates – Meeting updates between Bankers’ Union – UFBU and IBA on dated 30-11-2018.  Indian Bankers’ Association (IBA) has called the United Forum of Bank Unions (UFBU) for a meeting on long pending wage revision of Public Sector Bank Employees. Following are the updates of the scheduled meeting […]