Online Test for promotion from Sub-staff to Clerical Cadre will be held on 31st August 2014. Last date of receipt of online applications in HRMS is 31st July 2014 upto 17.00 Hrs.

For more detais Clck https://pnbnet.in/itc/2014/pad/circulars/2014/pad2014224.pdf

 UFBU met on 15th July 2014 in Mumbai and decided to demand from IBA to expedite wage negotiations by calling for meeting immediately and also decided to chalk out strategies to secure early wage revision.

UFBU delegation met Hon'ble Finance Minister Shri Arun Jaitley on 27th June 2014 in his office in New Delhi and submitted a memorandum on Wage Revision. He assured that he would call for the particulars and look into the matter.

For more details Click http://aipnbsf.org/files/Circular%2014_2014.pdf

During negotiations on 13th June 2014,  IBA improved their offer from earlier 10% to 11% which UFBU rejected. On IBA's request to spell out our expectation, UFBU told 25% on pay slip components which IBA said not possible to consider. Further course of action will be decided by UFBU shortly.

For more details Click http://aipnbsf.org/files/Microsoft%20Word%20-%20Circular%2013_2014_.pdf

In terms of clause 7 of the 9^th Bipartite Settlement dated 27.04.2010 and clause 3 of the Joint Note dated 27.04.2010, the rate of Dearness Allowance payable to workmen and officer employees for the quarter May 2014 to July 2014 shall be 97.50% of ‘Pay’ against 99.90% of ‘Pay’ applicable for the previous quarter (i.e. a decrease of 16 slabs).

Government issued guidelines for Pay Fixation of Ex-servicemen Re-employed in Public Sector Banks on or after 01.01.2006.

For detailed guidelines Click http://aipnbsf.org/files/Annexure.pdf

The IBA vide its letter HR & Industrial Relations No.CIR/HR&IR/G2/2013-14/8618 dated 06.01.2014 communicated that the Ministry of Finance, Government of India vide its letter F.No.4/8/22/2001-IR dated 19.02.2002 advised banks to take an appropriate decision with the approval of Bank's Board only in those cases where the officer/employee could not exercise option because he/she stood either dismissed or compulsorily retired as on 29.09.1995 but later on got reinstated either due to decision of the court or appellate authority. In case the incumbent has got full wages for the period of absence due to dismissal etc., such period will be counted as qualifying service for pension. In case the incumbent has not got the benefit of full wages, the period of absence will not be considered as qualifying service for pension. AII other requests received by the Bank for different reasons should not be accepted under any circumstances.

The IBA vide its letter HR & Industrial Relations No. CIR/HR&IR/G3/2013-14/8615 dated 06.01.2014 communicated that the Ministry of Finance, Government of India has enhanced the Ex-gratia amount being paid to (1) Surviving Pre 01.01.1986 retirees and (2) Surviving spouses of pre 01.01.1986 retirees based on the recommendations of IBA as below: 

Family of Armed Forces who got Re-employed in Banks/PSUs/Civil Deptt./Autonomous Bodies/Local Funds of Central/State Govt. after getting retired from Military Service and were in receipt of Military Pension till death, shall also be allowed to draw Dual Family Pension (from Military as well as from the deptt. where re-employed). The Benefits shall be granted from 24.09.2012 only. However, this provision will also be allowed in past cases.

 (Government of India MOD No. 01(05)/20100-D (pen/pol) dated 17.01.2013)