11th Bipartite Settlement

Calculate Clerks Salary Difference after 11th Bipartite Wage Revision

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 Settlement

Employees of these Banks may not get any salary hike after 11th Bipartite ?

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 […]

11th Bipartite Settlement

Calculate Your Salary Difference With 11th Bipartite Hike

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 […]

11th Bipartite Settlement

Finance Ministry Asks IBA to Speed Up the 11th Bipartite Wage Revision

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, […]

11th Bipartite Settlement

VRS Scheme Likely Soon for the Employees of Bank of Baroda, Dena & Vijaya Bank

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 […]

11th Bipartite Settlement

Calculate Your Expected Basic Pay After 11th Bipartite Settlement

What will be the expected basic pay of bankers’ after 11th Bipartite Settlement ? Based on the charter of demands submitted by the Banker’s  Union with initial hike on salary offered by IBA i.e. 10% as load factor, the revised basic pay of Bankers is calculated. Read – Employees of these Banks may not get any […]

11th Bipartite Settlement

11th Bipartite Updates – 5 Days Banking for Public Sector Banks Soon !

If believe on the recent development for settlement of 11th Bipartite Wage Revision for Public Sector bank employees, 5 Days banking is on card for them post settlement. It is hinted that Indian Banks’ Association (IBA) is agreed on the demand of Bankers’ for 5 Days a week banking. The authenticity of news is not […]

11th Bipartite Settlement

IBA is Now Offering 6% Wage Hike Under 11th Bipartite To Bankers

Increasing their earlier offer of 2% hike in salary for Bank employees of Public Sector Banks in 11th Bipartite Settlement, IBA is now enhancing it to 6%. United Forum of Bank Unions (UFBU), rejected the offer again, but said they are open for further negotiations.  Calculate Your Expected Salary with 6% Hike Bank unions are demanding […]