During the 10th Bipartite Settlement, there were 20 rounds of negotiations with IBA before final settlement. For 11th BPS also, large number meetings and rounds of negotiations were held before settlement after 36 months from the due date.
For next wage revision (12th bipartite settlement), which is due on 01.11.2022, negotiations are yet to start, if it follows the past trend, you can understand, what time it is going to take and when it is going to be implemented.
Before the due date of last 11th bipartite settlement DFS had written two letters to IBA and bank unions to start the negotiation process and implement the same within time. Despite that, it took more than 3 years after due date to settle the process in November 2022.
What are your expectations? Give your views in commend box below.
| Due Date | Actual Date | Delay | |
| 1st Bipartite settlement | 1.01.1966 | 19.10.1966 | 9 months |
| 2nd Bipartite settlement | 1.01.1970 | 12.10.1970 | 9 months |
| 3rd Bipartite settlement | 1.09.1978 | 1.08.1979 | 11 months |
| 4th Bipartite settlement | 1.09.1982 | 17.09.1984 | 24 months |
| 5th Bipartite settlement | 1.07.1987 | 10.04.1989 | 21 months |
| 6th Bipartite settlement | 1.11.1992 | 14.02.1995 | 28 months |
| 7th Bipartite settlement | 1.11.1997 | 27.03.2000 | 29 months |
| 8th Bipartite settlement | 1.11.2002 | 02.06.2005 | 32 months |
| 9th Bipartite settlement | 1.11.2007 | 27.04.2010 | 30 months |
| 10th Bipartite settlement | 1.11.2012 | 25.05.2015 | 30 months |
| 11th Bipartite settlement | 1.11.2017 | 11.11.2020 | 36 months |
| 12th Bipartite settlement | 1.11.2022 | ?? | ?? |
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