AICPIN-IW for March and February 2024 have not been released by Labour ministry as per schedule on 30.04.24 and 28.03.2024 respectively, After declaration of AICPIN-IW for January, February and March 2024, the DA hike for Bank employees or Bankers from 1st May 2024 will be known to us for 12th BPS and 11th BPS. IBAContinue reading “Expected Dearness Allowances for 12th BPS Bank employees from 1st May 2024”
Tag Archives: bank
DA, DR hike of Bank Pensioners from Feb’24 to July’24
The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for December 2023 has been released on 31.01.2024, the last working day of January month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of October, November and December 2023, Dearness Relief (DR) hike from Feb’24 to July’24 areContinue reading “DA, DR hike of Bank Pensioners from Feb’24 to July’24”
12th BPS बैंक कर्मचारियों के लिए अपेक्षित महंगाई भत्ता (DA) 1 मई 2024 से
जनवरी 2024 के लिए AICPIN – IW श्रम मंत्रालय द्वारा 29.02.2024 को जारी किया गया है। फरवरी और मार्च के AICPIN आंकड़े 30.04.24 को आने की उम्मीद है। जनवरी, फरवरी, मार्च 2024 के AICPIN-IW की घोषणा के बाद, 1 मई 2024 से 12th BPS, 11th BPS बैंक कर्मचारियों या बैंकरों के लिए DA वृद्धि हमें 11वीं औरContinue reading “12th BPS बैंक कर्मचारियों के लिए अपेक्षित महंगाई भत्ता (DA) 1 मई 2024 से”
12th BPS for Bank officers and workmen – all the benefits you should know
On the historic day of 8th March 2024, the IBA and workmen unions of bank signed the 9th joint note of 12th BPS or bi-partite settlement. The wage revision of bank employees occurs every 5 years. It takes usually 1.5 to 2 years in negotiation to conclude the wage revision. IBA on the behalf of memberContinue reading “12th BPS for Bank officers and workmen – all the benefits you should know”
Fixed deposit interest rates’ comparison of 12 Govt. banks
After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with the policy of RBI. Here, we have compared all the 12 public sector banks or nationalized banks’ fixed deposit interest rates of SBI, PNB, BoB, Canara bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBIContinue reading “Fixed deposit interest rates’ comparison of 12 Govt. banks”
New FASTag online buy, FASTag replacement, FASTag recharge, Fastag FAQ
Promoted by National Electronic Toll Collection (NETC), Fastag is a RFID based device linked with bank account or digital wallet, through which the toll scanner scans your card and toll amount will be deducted automatically. Fastag is the way of digital payment of toll fare in place of cash.
Savings account interest rates’ comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks
Saving interests in Indian banks are on the increasing trend and after latest RBI’s decision, most of the public sector banks and private banks have reduced the savings interest drastically. Here we are comparing savings account interest of all govt. banks and 3 largest private banks ICICI, Axis and HDFC.
Minimum balance requirement and charges for not maintaining QAB or MAB in Indian banks
In most of the Indian banks, if you have a bank account, you need to maintain a minimum balance amount per month or per quarter. If you fail to do so, you will be charged for not maintaining the minimum balance amount known as Quarterly Average Balance (QAB) or Monthly Average Balance (MAB).