D.A. increased by 4 slabs = 0.60%
(0.15% per slab as per IXth Bi-partite Settlement).
Now total slabs =738 =110.70% for the quarter
May to July'15....
Bank unions’ concern over slow progress of wage talks -Hindu Business Line 01.05.2015
The understanding was that the wage negotiations be concluded within a period of 90 days, which falls on May 22, 2015.
In the letter dated April 28, the UBFU pointed out that only peripheral and non-monetary issues had been discussed so far in the sub-group meetings held in the interregnum between the IBA and its representatives.
Bank mergers are not a smooth ride
KYC norms breach: RBI fines on BoM, Dena Bank, OBC-Te Hindu 30th April 2015
Bank of Maharashtra, Dena Bank and Oriental Bank of Commerce have been imposed with a monetary penalty of Rs 15 crore each by the Reserve Bank of India (RBI) for violation of Know Your Customer (KYC)/ Anti Money Laundering (AML) norms.