BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, August 15, 2015

Media report hints 26% hike in 7th CPC, report expected in September

Media report hints 26% hike in 7th CPC, report expected in September

"Overall, the commission has decided that the extent of rise in pay for all central government staff would, on average, be about 26 per cent. But here too, the commission is learnt to have favoured going back to the Fifth Pay Commission award of making pay scales attached to posts instead of retaining the innovative pay bands system introduced by the Sixth Pay Commission. It has also decided to remove the slight edge in pay structure of IAS officers as compared to other central service officers."

"The Commission has already overshot the time frame for submitting its report on a revised salary structure for central government employees, which was due in August. It is now likely to submit the report by September-end"
"Employees of the Indian Railways have demanded the benefits of the One Rank, One Pension (OROP) policy if the Centre implements the scheme for defence services personnel. They have made this pitch in their discussions with the Seventh Pay Commission. Speaking to The Indian Express, Shiva Gopal Mishra, general secretary of the All India Railwaymen’s Federation, the largest railway union in the country, acknowledged the demand. “The principle of OROP should be applicable to the railway employees also if the same is accepted for the defence services by the pay commission. We sympathise with their demand and feel it should be extended,” he said."
"The demand by railway employees for OROP could lead to demands from other civilian services as well, even as the bill for meeting the demand from the defence services is still being firmed up. At 1.33 million, railway employees form the single largest chunk from among any ministry or department of central government staff. Their salary and allowance bill for 2015-16 is estimated at Rs 62,410 crore, or almost 42 per cent of the total bill of Rs 1,49,524 crore as per budget figures. While the Seventh Pay Commission, in its internal deliberations, is understood to have not taken a favourable view of the OROP because of the financial implications, any formal examination of the same will have to depend on the government’s position on the issue. The government is now expected to set up a committee on the issue."

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Bank of Baroda Officers Union announces All India strike against New Transfer Policy

The All India Bank of Baroda Officers’ Association has declared a strike in protest against the bank management’s new anti-officer transfer ...

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