DA payable to employees for the Qtr. August to October 2016 shall be 455 slab i.e. an increase of 35 slab over the current level

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the quarter August to October 2016 shall be 45.50% of ‘Pay’ against 42.00% of ‘Pay’ applicable for the previous quarter. 

D.A. for pensioners: an increase of 29 slabs over the current level.

Heartiest Congratulations to one and all - One day All India Bank Strike on 29th July 2016, A Stupendous Success

Heartiest Congratulations to one and all – The one day All India Bank Strike by more than 10 lac bank workmen and officers today is a stupendous success. The grand success of the united struggle of bank employees all over the country displays clearly the anguish and concern of the bank employees towards the general public as well as the entire labour force in the country. 

For more details Click http://aipnbsf.org/files/Cir.%208_2016.pdf