Bank Union charges 4% levy from Employees on Net Salary Arrears

According to the recent 12th Bipartite Settlement, bank employees will receive arrears from 1st November 2022. However, it’s important to note that the bank union has decided to impose a 4% levy on these net salary arrears. This means that a portion of the increased salary will be deducted by the union as a fee from the employees.

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