HOT OFF THE PRESS

Efficacy of Credit Approval Committees in Public Sector Banks
Jul 18, 2016

In 2012, Government of India had directed creation of a mechanism of sanction of credit limits by Committees in all Public Sector Banks, replacing the earlier system of sanction by a single authority, in cases other than sanction by branch heads/managers....

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Does the issue of Second Option of Pension to Resignees needs more time?
Jul 11, 2016

While advising member banks to extend 2nd option of pension to Retirees in terms of agreement dated 27/04/2010, IBA clarified that those retired compulsorily, retired voluntarily under OSR 19(1) and resigned under OSR 20(2)/Bipartite were not to be extended pension option. But subsequently on 09-11-2012, IBA retracted from its earlier stand...

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Highlight of the week

Interesting Off-beat Calculators for Bankers & Public
Jul 10, 2016

Take a look at Some Interesting Off-beat Calculators from Mr. V.R. Shenoi

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

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