Since most of the cards at risk are not chip-based, banks are planning to replace them with chip-based ones.
Dearness Relief payable to Pensioners for the period August 2016 to January 2017
Earlier, Public sector bank employees decided to strike work to protest against the proposed merger of SBI associates and privatisation of IDBI Bank
AIBEA and AIBOA have decided to plunge into immediate action to oppose attempts to denigrate Public Sector Banks and protest against proposed merger and consolidation of Banks with a view to divert the people’s attention from the Himalayan bad loans in Banks
All citizens, especially 40% of the country’s population that is outside the ambit of formal banking in the country will benefit from this project.
Ten of the country’s biggest banks along with the Reserve Bank of India have just launched a Unified Payments Interface (UPI).
RBI had in February disclosed that while Govt Banks bad debts stood at Rs 15,551 crore for the financial year ending March 2012, they had shot up by over three times to Rs 52,542 crore by the end of March 2015.
To facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions for designated branches of banks conducting government business be open till 8.00 p.m. on March 31, 2016.
Bank Pensioners are paid Dearness Relief as a percentage of Basic Pension which is determined on the basis of Consumer Price Index with base 1960=100. IBA has now come up with latest rate of Dearness Relief for various categories of Bank Pensioners
Forum of Bank Retired Employees has requested the Hon’ble of Hon. Minister of State (Finance) to intervene and advise all the concerned authorities to redress the grievances of the retired staff members of banking industry.
AIBOA employees protests against privatisation of IDBI against recent announcement of Finance Minister. AIBOA has announced series of protests including Gate Meeting, Demonstrations, Badge Wearing and Dharna during November 2015
Bank Clerk new Pay and Arrears after 10th Bipartite Settlement – AIBEA Calculator
Bank Employees Wage Revision – Understanding reached in financial components and Joint Note to be signed on 25th May 2015 – AIBOA Reports AIBOA in its official website aiboa.org that all the financial components relating to Bank Employees Wage Revision have been finalised during negotiationns conducted with IBA. 7th Joint Note which is an agreement […]
10th Bipartite Wage Settlement for Bank Employees – Pay and Arrears Calculator provided by AIBOA for Bank Officers
Bank Employees Wage Revision – AIBEA reports on Latest Development on 10th Bipartite Wage Settlement for Bank Employees