BROAD SUMMARY FO CHARTER OF DEMANDS FOR 11TH BIPARTITE SETTLEMENT – 40 POINTS

19-02-2017

CIRCULAR No. 28/4/2017/4 TO ALL UNITS AND MEMBERS: 15-2-2017 Dear Comrades, Charter of Demands for 11th BP Settlement submitted to IBA Our units and members are aware that the period of our current 10th Bipartite Settlement would come to an end by October, 2017 and a revised Settlement (11th Bipartite Settlement) has to be worked out to be effective from November, 2017. In order to negotiate and settle the 11th BPS, we need to submit our Charter of Demands. Accordingly, the issue was discussed amongst our five workman Unions viz. AIBEA, NCBE, BEFI, INBEF, and NOBW and a broad summary of the Charter of Demands has been finalised. Shortly, our 5 unions will meet and a

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Bank Dearness Allowance February,March & April 2017 @ 46.90% of ‘Pay’
February 15, 2017

Indian Banks Association HR & Industrial Relations No.CIR/HR&IR/76/D/2016-17/1996 February 1, 2017 All Memberes of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2017 under X BPS/Joint Note dated

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DA for Bank Employees : IBA issued orders for next quarter from Feb to Apr 2017
February 6, 2017

Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2015-16/1572 February 1, 2017 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2017 under X BPS/ Joint Note dated 25.5.2015 The

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RBI Ends Limits On Withdrawals From ATMs, Current Accounts
January 30, 2017

The central bank also stated that " the limits on savings bank accounts will continue for the present and are under consideration for withdrawal in the near future" The weekly withdrawal limit from savings accounts remains Rs. 24,000. HIGHLIGHTS Current Account holders can now withdraw any amount on a daily basis

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KINGFISHER-IDBI LOAN CASE: CBI Arrests 9 People: Arrested Include Yogesh Agarwal, Former IDBI CMD
January 27, 2017

KINGFISHER-IDBI LOAN CASE: CBI Arrests 9 People: Arrested Include Yogesh Agarwal, Former IDBI CMD, B.K Batra, Former IDBI Deputy MD CBI Arrests 9 People: Arrested Include Amit Nadkarni, DGM Fin KF Airlines, AC Shah, Sr Manager A/cs KF Airlines Earlier today, CBI has searched the offices of Vijay Mallya-owned United Breweries (UB) group in

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CBI arrests former IDBI chairman in Vaijay Mallya loan default case – Economic Times
January 27, 2017

 CBI has registered two cases against Mallya who had left the country after changes were made in the CBI lookout circular against him enabling his exit. The Central Bureau of Investigation has arrested former chairman and three ex-executives of IDBI Bank and four executives of Kingfisher Airlines in the Vijay Mallya loan default case, said

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Ceiling on IT for salaried persons should be raised to Rs.7.5 lakh: AIBEA to Jaitley
January 27, 2017

The ceiling on Income Tax for salaried persons should be raised upwardsto Rs 7.5 lakh with exclusion of fringe benefits like housing,medical and educational facilities. The IT rate above Rs 7.5 lakh and upto Rs 12 lakh shall be 10 per centand above Rs 12 lakh upto Rs 20 lakh 20 per cent and Rs 20 lakh andupto Rs 25 lakh it should be 25 per

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