Shri Kishore Da, President, AIRBIOPF has requested Governor, by email dated 5th June 2021 for : i) Ad-hoc updation of pension in the present grim scenario prevailing on account of covid-19. ii) Graded pension to Super senior citizen retirees Full… Continue Reading →
Bank has decided to issue specially designed smart chip-based identity cards to the retiring/retired employees. Retirees may exchange the old card for new ones after the intimation is received by them. Offices will issue new identity card with green lanyard… Continue Reading →
The following numbers -AICPIN(IW) -have been made available by Labour Bureau, Ministry of Labour and Employment. For base year 2016=100, March 2021 Index stood at 119.60 points. Month Index nos.base 2016=100 January 21 118.20 February 21 119.00 March 21 119.60… Continue Reading →
RBI has launched a new scheme for hiring retired officers of the Bank on contractual basis.The exercise shall be taken up twice a year (in April and October) as per the process outlined in the Bank’s Circular uploaded on retirees… Continue Reading →
78 slabs more for RBI Pensioners
RBI has renewed GMP for OPD to Pensioners by their circular dated December 30, 2020. Policy Period is – January 1, 2021 to December 31, 2021. Details are given below: 1. Circular dated December 30, 2020 2. Salient features 3. TPAs… Continue Reading →
After the CPI-IW (2016=100) series replaced the CPI-IW (2001=100) series effective September 20, All India index for the month of September, 2020 was initially reported by M/o Labour & Employment as 118.Dearness Allowance for RBI employees and also for other… Continue Reading →
After prolonged discussions and protracted negotiation on various financial and non-financial issues, the long-awaited settlement has been reached between IBA and all constituents of UFBU for all scales of officers.The highlights and salient features of the settlement with the officers’… Continue Reading →
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… Continue Reading →
Under a RTI the following data has surfaced which shows that a whopping sum of about 61 crores has been paid as premium to the Insurance company for the Policy Term January 1 to December 31, 2018 in respect of… Continue Reading →
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