Latest Update on DA

LATEST DA OF BANK EMPLOYEE
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Facility for exchange of notes and coins at bank branches

Facility for exchange of notes and coins at bank branches

Now a days every one neglected to received coin, whether it is auto rikso, kirana shop, cigrate shop or a knowledgeable bussiness man. A bizzared word is blowing that coin is not acceptable, and all of these are blaming bankers that these bankers are reluctant to receive coin. But this is not true as per bank officers information, there are some rules and regulation. Every one can deposit coin at a bank counter but there are some rules..Income Tax Rates for Individuals and HUFs for FY 2017-18 (AY 2018-19)
"(a) All branches of banks in all parts of the country are mandated to provide the
following customer services, more actively and vigorously to the members of public
so that there is no need for them to approach the RBI Regional Offices for this
purpose:

(i) Issuing fresh / good quality notes and coins of all denominations on demand,

HIGHLIGHTS OF TODAY'S TALKS ON WAGE SETTLEMENT

Today was the 2nd official meeting between , UFBU and IBA. After a long deliberation and discussion some positive point comes up.  IBA has been agreed that the ensuing wage revision will commence from 1.11.2017. UFBU also discussed about DA merger point, 5 day banking, initial offer etc. IBA wanted time to respond. IBA has set up sub-committees to discuss non financial demands which will meet shortly. Another meeting will be held shortly to follow up issues of Record Note dt.25.5.2015. SK Bandlish Convener UFBU told that " details of the discussion will be notified through circular". It is worthy mention that GOVT. is very much pressuring on IBA for timely settlement of the WAGE REVISION. After 7th pay commssion of Central Govt, sallary difference between a officers of Bank and Central Govt employee increase to a bigway. So this bipartite settlement very much important as because if this salarry diffrence not reduce them bank will lose merit.