Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays

Bank Wage Revision 10th Bipartite : Scales finalized – RBI cleared holiday for 2nd & 4th Saturdays

Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays

Distribution Chart for 10th Bi-Partite Settlement Finalised:

Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after 2 years)

Clerical: 11765 to 31540 + 8th Stagnation Increments (1st to 5th- each after 3 years, 6th to 8th- each after 2 years)

8th Stagnation Increment w.e.f . 01.05.2015

D.A.: 0.10% Per Slab

HRA: 10%, 9% & 7.5%. Only 3 Areas will remain (Last 2 Areas will be clubbed)
(45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %)

Special Allowance: 7.75% of Basic Pay with DA

Transport Allowance: Upto 15th Stage of Scale- 425, 16th Stage & above- 470

Medical Aid: 2200
Officers’ scale is going to be finalized shortly today (20/05/15)

RBI has cleared the proposal of IBA to declare 2nd & 4th Saturdays as holidays. The clearance has been sent to the Government for approval.

The joint note likely to be signed very soon, Most probably on 25th May 2015. Be with us for more news soon !

Source: paycommissionupdate.blogspot.in