There has been a change in the signing date for the Bank Salary Settlement, also known as the 12th Bipartite Settlement (BPS). Previously scheduled to be signed on March 11th, the signing date has now been rescheduled to March 8th.
The 12th Bipartite Settlement is an agreement between the Indian Banks Association (IBA) and bank employee unions, which determines the revision of salaries, allowances, and service conditions for bank employees. The settlement is expected to be in effect for the next five years, starting from November 1, 2022.
Earlier, the Indian Banks’ Association had decided to convene a meeting of the constituent unions to conclude the Bipartite Settlement followed by formalizing it by signing the same with the representatives of constituent workmen unions/ Officers’ association on Monday, 11th March 2024 at 3.00 PM in Chennai.
![IBA released Fitment Chart for Bank Employees as per 12th BPS [Download PDF]](https://hellobanker.in/wp-content/uploads/2024/08/OrangeandBlackWithPhotoCameraYoutubeThumbnail_20240821_081606_0000-ezgif.com-jpg-to-webp-converter-390x220.webp "IBA released Fitment Chart for Bank Employees as per 12th BPS [Download PDF]")
Bank clerk
Without 5 days banking signing is useless, please keep in mind
5 day Banking need for banker
5 days working kab se hoga ya nahi
Unless n untill the very genuine, legitimate, rightful, deserved utmost prime requirements of PENSION UPDATION and Medical Insurance Coverage of the Pensioners, having served the institution for a long period from manual environment to till the present one n who r all also the founding stones of the Banks – these two issues to be agreed n implemented immediately before the aged ones breaths their lost keeping their ambition in mind and soul. Today’s working one will definitely in one or the other day being pensioners or so, UFBU should put full efforts till the issue resolves otherwise they should not sign the settlement, otherwise they themselves falling to the pit along with pensioners.
Whether, my pension will be revised, as I am Sr Asstt retired from SBI on 31 Aug 2014.
What about 5 day banking… any update???
May be due to the proposed announcement of election date.
The service staff unions are signing the settlement covering pensioners whose aspirations are pension revision/updation since two decades despite the very fact that pension funds based on the contribution of employer’s share of provident fund, could afford for updation. This is injustice. The problems of the pensioners are very much high and the leaders to have considered favorably and immediate signing for pension updation is very much required, since wanted pension is going for health policy per manth.
What about five days banking
Right step in right direction