Tag banks
Migration to New Domain The Reserve Bank of India (RBI) has issued a directive requiring all banks to migrate their existing domains to the exclusive “.bank.in” domain by October 31, 2025. This initiative aims to strengthen cybersecurity, reduce fraud risks,… Continue Reading →
Frequent demand for KYC documents by Banks The suppression of complaints and the frequent demand for KYC documents are issues that require immediate attention. In a recent powerful address delivered at the annual conference of RBI ombudsmen, RBI Governor Sanjay… Continue Reading →
In the backdrop of an increasingly competitive banking sector, the delay in wage settlement at the Reserve Bank of India (RBI) has become a growing concern. The United Forum of Reserve Bank Officers & Employees recently highlighted this issue during… Continue Reading →
United Forum of Bank Unions (UFBU) and Indian Banks Association(IBA) signed the 12th Bipartite Settlement on 8th March 24 at Mumbai. The 9th Joint Note for the Officers Associations was also signed simultaneously. History of 12th Bipartite Settlement UFBU submitted… Continue Reading →
As we enter 2024, let us carry the spirit of resilience and unwavering determination.
Here’s to a brighter future, filled with hope, prosperity, and a well-deserved recognition of the valuable contributions retirees have made to the banking sector.
It is the first MOU that has been signed within 14 months of the expiry of the previous settlement. There is a positive development for pensioners, as all pensioners as on 31st October 22 will now receive a long-awaited “ex gratia” amount.
With effect from 1st March 2019, the family pension payable to the spouse of a deceased employee of RBI shall be at the rate of 30% of pay uniformly subject to minimum of ₹9,000 per month, and a maximum of 30% of the highest pay per month in the Bank.
Now an attempt has been made to rein in such Banks, Non-Banking Financial companies(NBFCs) and other card issuers. Under RBI’s consolidated Directions, violations of basic norms now invite penalties and fines.
Harassed customers can now approach Banking Ombudsman and claim suitable compensation for the same.
So, we request the Bank to upload the podcast / voiceover version of the circulars issued for the benefit of retirees and such disabled employees on its website / EKP.
AIRBIOPF shall continue to post such videos in future to help retirees.
Hi friends, Here is the mobile app created for RBI Pensioners, and for bank pensioners covered under various Bipartite Settlements(BPS)-mainly 9th,10th and 11th BPS. In the app you are required to enter only your basic pension as shown below. For… Continue Reading →