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*********

Wednesday, January 13, 2016

News on Eleventh Bipartite

News on Eleventh Bipartite
Never thought that we have to add this page to our website this much early.  We all know that the Eleventh Bipartite   is due from 01 11 2017.   Normally UFBU will submit its charter of demands to IBA and requests for implementation of  Bipartite.
We are seeing a circular in social media issued by Department of Financial services. Where  in all chief executives of Public Sector Banks were instructed to initiate the process of negotiations,  and conclude the Eleventh Bipartite prior to effective date.
We did a small research and found the following
  1. The circular is signed by Manish Kumar and his signature is tallying with other previous circulars.
  2. The Reference No of the circular F.No. 4/2/2/2015-IR  dt. 12.01.2016, is a fake.  They have added an extra 4 at the starting to a previous circular  F.No. 2/2/2015-IR dt. 22.12.2015 which is issued with regard to discontinuation of interviews.
  3. Department of financial services has not issued any circular with regard to Eleventh Bipartite.  The last circular issued by then is on 22.12.2015.

Finally we conclude that there is no such circular with regard to Eleventh Bipartite and the circular which is circulation is  fake.
Warning  Please do not use the signatures of the High Level Government Officials for creating fake circulars.  Its a Crime.
Please visit     http://financialservices.gov.in/ncapp/Circulars.aspx?ct=B

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