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Special Leave and extraordinary leave rules in Banks

Updated as per 12th BPS and 9th Joint Note dated March 8, 2024. (Special leave may also be granted to the extent of 30 days in a financial year to the employees who participate in mountaineering expeditions. The sterilization operation for promoting small family norms by male/female staff members or wife’s tubectomy operation a staff…

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Dearness Relief to Bank Pensioners for February -July 2024

Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 61 slabs of additional DR for the half year February 2024 to July 2024.Pending amendments to Pension Regulations, Banks may pay the Dearness Relief payable to pensioners for the half-year period February 2024 to…

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Dearness Allowance payable to Bank officers for February- April 2024
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Consumer Price Index for October 2023, November 20232, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to (62) slabs of additional DR for the quarter from February 2024 to April 2024.Pending amendments to wage revision, Banks may pay the Dearness Allowance payable to bank officers for the period February 2024 to…

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