Home > Circular > Circular > CONGRATULATIONS - DIWALI DHAMAKA 11th BPS signed on 11th Nov. 2020 ONE NATION, ONE SALARY ACHIEVED
P Talks with IBA of UFBU on Group Medical Insurance .. P Advisory by DFS on increasing attacks in Branches P Joint note regarding nationwide strike on 9th July.. P AIUCBEF demanded recruitment of Sub Staff P Nationwide General strike will be on 9th July 2025 P Discussion on Medical Insurance scheme between IBA.. P 20th May strike postponed P AIBEA demanded absorption of temporary employees P March on nationwide strike on 20th May 2025 P 3rd National Youth & Women Convention held at Jala.. P MAY DAY - Take a pledge to continue the fight. P Conciliation meeting held today-AIBEA P Discussion with IBA on residual issues P 80th founding day. AIBEA forwarded forever- backwa.. P Parwana memorial trust donates ambulance to Hospit.. P Jalandhar awaits You. 3rd Youth and Women Conventi.. P Working Committee meeting of AIUCBEF at Ranchi P We move near the 80th founding day of AIBEA P UFBUs call for strike on 24th and 25th March postp.. P UFBU Deferred strike . GOI Issued letter.
CONGRATULATIONS - DIWALI DHAMAKA 11th BPS signed on 11th Nov. 2020 ONE NATION, ONE SALARY ACHIEVED
Date 11/11/2020 03:41  Author admin  Hits 2506  Language Global
 We are happy to inform all our unions and members that after a long and protracted negotiations for more than three years and after overcoming many impediments and hurdles, finally, the 11th Bipartite Settlement on revision of wages and improvement in service conditions of bank employees has been signed today with IBA at Mumbai.

 Salient Features:
• INCREASE IN WAGE BILL Rs, 3385 CRORES PER YEAR
• 29 BANKS COVERED – 12 PSB + 10 PVT BANKS + 7 FOREIGN BANKS
• 5 LACS EMPLOYEES OF PUBLIC SECTOR BANKS, PRIVATE BANKS & FOREIGN BANKS
COVERED
• PERIOD : NOV. 2017 TO OCT 2022
• FIRST TIME – UNIQUE – UNIFORM BASIC, DA, HRA, SPL. ALLOWANCE, TRANSPORT
ALLOWANCE, ETC. ALL OVER INDIA

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