HOT OFF THE PRESS

Demonetization: Why India needs a ₹ 200 note
Dec 3, 2016

Let me begin with a question framed in an IAS exam: A lady bought ₹ 200 worth of grocery from a shop and gave a note of ₹ 1000/-. The shopkeeper didn’t have change so he arranged change of ₹ 1000/- from a neighbour shopkeeper. He added ₹ 200 to his cash box and handed over ₹ 800 to the lady......

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Big Win for Retired officers/employees regarding hospitalization expenses in Medical Insurance Scheme
Nov 20, 2016

Mr. S. Ramamchandran had sent a letter dated 29th July, 2016 addressed to Shri P.S.Jayakumar, MD & CEO of Bank of Baroda on the subject of non-reimbursement of medical bills submitted as per banks circular. Now, due to the untiring efforts of Mr. Ramachandran, the bank has responded positively. .....

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Deficiencies and Lapses found in implementation of PMMY/MUDRA
Nov 18, 2016

Mr. Pannvalan provides a valuable insight into the deficiencies & lapses that he has seen in the implementation of PMMY/MUDRA....

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Highlight of the week

DA Change for Bankers from November 2016 - 2.3% Increase
Nov 2, 2016

Based on the above calculations the revised DA is to be @ 47.80%, for the months of November 2016 to January 2017. [The DA for August 2016 to October 2016 was 45.50%] i.e. increase of 2.30%. (increase of 23 slabs)

DA for Retired Bankers from August 2016 to January 2017
Aug 07, 2016

We have updated the DA for Retired Bankers. Please click the link to see the details.

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Previous Wage Revision Articles

An Indepth insight into the history of Wage Revision Bipartite Settlements including the details of the 10th Bipartite Settlement

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Over the years, ABS has provided a great insight on the ongoings of the Banking Industry with its neutral & unbiased viewpoints.

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