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 →
M/o Finance, DFS, by their letter dated 26th June, 2020 have allowed CPF optees in RBI to exercise the option of switching over from CPF to the pension scheme within such period to be specified by RBI. The following category… Continue Reading →
The Reserve Bank of India has reiterated its fair practices code for all lenders and has sought additional documentation for loan contracts signed by digital lenders. This, after reports emerged of aggressive recovery practices being used by some digital lenders… Continue Reading →
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