All Bank Employees and Officers-Long Awaited 11th Bi-Partite Settlement, 8th Joint Note Signed on 11-11-2020
Congratulations to All Bank Employees / Officers-Long Awaited 11th Bi-Partite Settlement / 8th Joint Note Signed on 11th November 2020
Congratulations to all Bank Employees and Officers on signing of long awaited 11th Bi-Partite Settlement for workmen and 8th Joint Note for Officers on 11th November 2020.
For 11th BPS Click: Final BPS 10-11-2020
For 8th Joint Note Click: Joint Note For Officers
For Salient Features of 11th BPS Click: Salient Features of 11th BPS on 11-11-2020
Facility of treatment of absence of Employees during Unlock Period as ‘Special Leave without Loss of Pay’ extended upto 30.11.20
It has been decided by the Bank to extend the facility of treatment of absence of Employees during Unlock Period as ‘Special Leave without Loss of Pay’ upto 30th November 2020 or till further instructions.
Renewal of IBA’s Group Medical Insurance Policy for Retirees – Last date for Submission of Option Extended upto 21 November 2020
Renewal of IBA’s Group Medical Insurance Policy for Retirees
Last date for Submission of Option Extended upto: 21.11.2020
Date of debit of Premium: 23.11.2020
For More details: Refer HRMD CIircular No.523/ 2020 dated 02.11.2020
DA payable to employees for the Quarter Nov. 2020 to Jan. 2021 shall be 818 slab i.e. an increase of 43 slabs from current level
In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees applicable for the quarter November 2020 to January 2021 shall be 81.80% of ‘Pay’ against 77.50% of ‘Pay’ for the previous quarter.