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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, September 15, 2018

BIPARTITE MEETING UPDATE AS ON 14TH SEPTEMBER


Today meeting on Medical Insurance called by IBA took place with IBA officials along with GM HR of 3 banks. All UFBU representatives were present. IBA officials apprised the discussions they had with banks, Insurance Company, DFS etc vis a vis premium charged by the insurance company and placed certain offers for our consideration for both working & retiree officers/ employees. Data of last 3 years was also presented. We gave our point of view on issues raised as also responsibility of banks towards their employees etc. After the meeting UFBU separately discussed all related issues and decided to submit our suggestions by Monday to IBA by keeping the basic scheme intact with minor adjustments for Working as well as retirees.

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EXPECTED DA FOR BANKER FROM MAY 2026 -WE WILL UPDATE AGAIN ON 30.03.2026

Expected DA Calculation Updated on 27.02.26 on the basis of CPI for the month of Jan'26 with the assumptions of CPI for Feb. & Mar...

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