The 12th Bipartite Settlement (BPS) was signed recently. As per the 12th BPS, the salary of employees working in nationalized banks was increased. Now, the Department of Financial Services has released notification that 12th BPS will also be applicable for employees working in regional rural banks (RRBs).
![IBA released FAQs on 12th BPS and Salary Hike of Bank Employees [Download PDF]](https://hellobanker.in/wp-content/uploads/2024/08/OrangeandBlackWithPhotoCameraYoutubeThumbnail_20240821_082218_0000-ezgif.com-jpg-to-webp-converter-390x220.webp "IBA released FAQs on 12th BPS and Salary Hike of Bank Employees [Download PDF]")