IBA released important notice related to Banks 12th Salary Settlement

The Indian Banks Association (IBA) has released an important notice regarding the 12th Salary Settlement for banks. The 12th Bipartite Settlement is a collective agreement between the IBA and bank employee unions that determines the salary and other allowances for bank employees. This settlement is revised every five years and is crucial for the banking sector in India. The latest update on the 12th Bipartite Settlement provides insights into the ongoing negotiations and demands made by the employee unions.