Updated as per 12th BPS/9th Joint Note dated 08.03.2024 [This article elucidates a complete guide on Casual leave, Unavailed Casual leave, Special Casual leave rule and half days CL, and bereavement leave] The officers and award staff of the bank including permanent part-time employees are eligible for 12 days of casual leave in a year…
In the latest settlement under 12th BPS and 9th Joint Note agreements signed on March 08, 2024, between the Unions and IBA; partial changes are made to existing LFC/LTC rules. Accordingly, Leave Travel Concession (LTC) or Leave Fare Concession (LFC) facility shall be allowed for bank employees and officers are as under. For Workmen: The…
Changes in leave rules for bank employees and Bank officers were updated in terms of the 12th BPS/9th Joint Note dated 08.03.2024 This post provides details of the eligibility of an employee or the officer for availing of casual leave, unavailed casual leave, special casual leave privilege leave, sick leave, additional sick leave, maternity leave,…
Sick leave and maternity leave rules are partially modified in Banks under BPS dated 12th BPS and 9th Joint Note dated March 8, 2024. Sick leave: In terms of earlier settlements, an employee is entitled to 30 days of sick leave on half substantive pay, for every year of service subject to a maximum of…
RBI on Thursday (July 8, 2021) advised the updated instructions to implement a ‘Mandatory Leave’ policy for the employees posted in sensitive positions or areas of operation. The regulator also advised banks that RBI circular DBR.No.BP.BC.88/21.04.048/2014-15 dated April 23, 2015, has been repealed instead of updated instructions. “As a prudent operational risk management measure, the…
Download the File!Arrears Calculator For Sub-Staff / Customer Service Assistants1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will…
Download the File!Arrears Calculator for Clerical / Customer Service Associates1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will…
Download the File!Arrears Calculator for Officers1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will be the same. 3.…
Our quick and easy tool breaks down your arrears month-by-month for both existing and revised salary including DA, HRA, and more. Get clear, accurate results in minutes, saving you time and frustration. Start here! You can download the file and read the instructions, access reference charts by clicking on the links below. Arrears Calculator for…
Masala Bonds are debt instruments that help to raise money in local currency from foreign investors. Both the government and private entities can issue these bonds. They work just like any other normal bond, but can only be issued outside India. The issue of these bonds is in Indian currency rather than the local currency…