Revision of Halting Allowance to Bank Employees

Revision of rates of halting allowance to officers and workmen staff pursuant to Census 2011

Indian Banks’ Association has issued a communication to Designated Officers of Member Banks who are parties to Bipartite Settlement regarding Revision of rates of halting allowance to officers and workmen staff pursuant to Census 2011.

Indian Banks’ Association

World Trade Centre Complex, Centre 1, 6th Floor, Cuffe

Parade, Mumbai- 400 005 – Tel: +91 22 2217

4040  Fax: +91 22 2218 4222 / 2215 4131

Website : www.iba.orq.in

 

HR & INDUSTRIAL RELATIONS

No.HR&IR/CIR/2015-16/E(ix)/1348

September 21, 2015

Designated Officers of Member Banks who are parties to Bipartite Settlement

Dear Sir/Madam,

Revision of rates of halting allowance to officers and workmen staff pursuant to Census 2011

Kindly refer to our circular no. No.CIR/HR&IR/E(iv)/E(xi)/2015-1611187 dated 7th August, 2015 advising banks of the various centres reclassified per Census 2011, for the purpose of payment of higher HRA/CCA in such centres.

Consequent to the revised classification of centres per Census 2011, halting allowance at higher rates has become payable to officers and workmen staff in respect of these centres.

In terms of an earlier decision of the Personnel Committee of IBA and following the practice followed on earlier occasions, banks may pay/reimburse halting allowance at rates according to the revised classification of areas per Census 2011 with effect from 7th August 2015 i.e. the date of issue of circular letter no. No.CIR/HR&IR/E(iv)/E(xi)/2015-16/1187.

Yours faithfully,

K Unnikrishnan

Deputy Chief Executive

Download IBA letter No.HR&IR/CIR/2015-16/E(ix)/1348 dated 21.09.2015

Get real time updates directly on you device, subscribe now.

Comments
Loading...

Add A Knowledge Base Question !

You will get a notification email when Knowledgebase answerd/updated!

+ = Verify Human or Spambot ?