UFBU meeting All India Strike - Talks with IBA on wage revision - Offer increased to 8% CIRCULAR NO. 31 Date: 30.11.2018 TO ALL AFFILIATES & MEMBERS Dear Comrades, Talks with IBA on wage revision - Offer increased to 8% UFBU meeting - Call given for All India Strike on 26th 2018 against amalgamation of Bank of Baroda, Dena Bank and Vijaya Bank. We reproduce … [Read more...] about UFBU meeting All India Strike – Talks with IBA on wage revision – Offer increased to 8%
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11th Bipartite settlement next meeting date on 29th Sept 2018
11th Bipartite settlement next meeting date on 29th Sept 2018 Indian Banks' Associations(IBA) HR & INDUSTRIAL RELATIONS No.HR &IR/UFBU/XIBPS/5870 September 15, 2018 Shri Sanjay K LUANDA Convenor United Forum of Bank Unions (UFBU) & General Secretary National Confederation of Bank Employee, C/o State Bank of India. LHO Plot No 1, Sector-17A Chandigarh-160 … [Read more...] about 11th Bipartite settlement next meeting date on 29th Sept 2018
Banks will remain open and banking activity will continue unimpeded in the first week of September
Ministry of Finance Banks will remain open and banking activity will continue unimpeded in the first week of September Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September ; Monday, 3rd September is not a pan India holiday ATMs in all States will be fully functional; Banks advised to ensure availability of sufficient cash for … [Read more...] about Banks will remain open and banking activity will continue unimpeded in the first week of September
IBA : Medical Insurance Scheme – constitution of committee
IBA : Medical Insurance Scheme - constitution of committee INDIAN BANKs' ASSOCIATION HR & INDUSTRIAL RELATIONS No.HR&IR/SKK/Medical Ins/2018-19/5041 May 8, 2018 Shri Sanjev K.Bandish,Convenor,UFBU United Forum of Bank Unions, C/o State Bank of India,LHO,Plot no.1, Sector -17A Chandigarh - 1600017 Dear Sir, Medical Insurance Scheme - constitution of … [Read more...] about IBA : Medical Insurance Scheme – constitution of committee
RBI: Statement on Developmental and Regulatory Policies – October 4, 2017- Banking Facility for Senior Citizens and Differently abled Persons
Banking Facility For Senior Citizen And Differently Abled Persons - RBI Notification RESERVE BANK OF INDIA RBI/2017-18/89 DBR.No.Leg.BC.96/09.07.005/2017-18 November 9, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam Statement on Developmental and Regulatory Policies - October 4, 2017- Banking Facility … [Read more...] about RBI: Statement on Developmental and Regulatory Policies – October 4, 2017- Banking Facility for Senior Citizens and Differently abled Persons
Interest rate on the long term saving deposits in post offices
Interest rate on the long term saving deposits in post offices Interest rates on bank deposits are not uniform and vary from bank to bank. Hence, a one-on-one comparison of interest rates may not be possible. The interest rates on term deposits are deregulated and they are determined by the banks themselves as per their Board approved policies. In contrast interest rates … [Read more...] about Interest rate on the long term saving deposits in post offices
FinMin asks banks to hire retired staff to deal with cash rush
FinMin asks banks to hire retired staff to deal with cash rush New Delhi: The finance ministry today asked banks to consider engaging retired employees to deal with the unprecedented rush for exchange of invalid currency notes and ease pressure on existing staff. In a letter written to Indian Banks’ Association (IBA), the financial services department of the finance m … [Read more...] about FinMin asks banks to hire retired staff to deal with cash rush
Indelible Ink Mark to avoid multiple transactions : Not applicable for withdrawal or deposit
Indelible Ink Mark to avoid multiple transactions The Central Government has announced that banks will mark with indelible ink the fingers of people exchanging old currency at bank counters to stop them from coming back repeatedly and avoid multiple transactions. The drawing limits against Bank Accounts and from ATMs and over the cash disbursement have also been … [Read more...] about Indelible Ink Mark to avoid multiple transactions : Not applicable for withdrawal or deposit
2nd and 4th Saturday as Holidays in Banks w.e.f. 1st Sep, 2015: DFS Notification
Wage Negotiation between IBA Workmen Unions and Officers’ Association - 10th BPS - 2nd and 4th Saturday as Holidays, DFS Order and Notification F.No.4/117/2015-IR Government of India Ministry of Finance Department of Financial Services Jeevan Deep, IIIrd Floor, Parliament Street. New Delhi Dated the August 20. 2015 To 1. Dy. Governor, Reserve Bank of I … [Read more...] about 2nd and 4th Saturday as Holidays in Banks w.e.f. 1st Sep, 2015: DFS Notification
Bank Employees: Higher House Rent Allowance as per 2011 Census
Bank Staff: Higher House Rent Allowance as per 2011 Census AIBEA Circular Date : 6th July, 2015 Dear Comrades, HOUSE RENT ALLOWANCE AS PER 2011 CENSUS Recently Government of India has issued the Gazette notification for the Census as of 2011. It is the 15th Census in India beginning from 1872 and 7th since our independence. Some data from the Census: Population as … [Read more...] about Bank Employees: Higher House Rent Allowance as per 2011 Census
