Bank Holidays 2025: Karnataka State
“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26 of 1881) read with the Notification of the Government of India, Ministry of Home Affairs No. 20/25/56/Pub-1 dated 8th June 1957, the Government of KARNATAKA pleased to declare that in addition to Sundays, and 2nd and 4th Saturdays expressly defined…
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Bank Holidays 2025: GOA
“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26 of 1881) read with the Notification of the Government of India, Ministry of Home Affairs No. 20/25/56/Pub-1 dated 8th June 1957, the Government of Goa in its Notification No.37/3/2024-GAD-III/4247 DATED 22.10.2024 declared bank holidays as provisions under section 25 of…
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Bank Holidays 2025: State of Kerala
“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26 of 1881) read with the Notification of the Government of India, Ministry of Home Affairs No. 20/25/56/Pub-1 dated 8th June 1957, the Government of Kerala are hereby pleased to declare that in addition to Sundays, expressly defined as Public Holidays…
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Banking Laws Amendment Bill 2024 introduced In Lok Sabha: What’s new in law?
Finance Minister Nirmala Sitharaman on Friday introduced in the Lok Sabha the Banking Laws (Amendment) Bill, 2024, which seeks the following changes in existing laws. “To improve bank governance and enhance investors’ protection, certain amendments to the Banking Regulation Act, the Banking Companies Act, and the Reserve Bank of India Act are proposed,” FM said…
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Amount of Ex-gratia Payable for Bank Pensioners/family pensioners from November 2022
In terms of clause 13 of the 9th Joint Note between IBA & Officer’s Association and clause 36 of the 12th Bipartite Settlement between IBA and Workmen Union, states regarding the payment of Ex-gratia for pensioners/family pensioners, who became eligible to draw a pension on or before 31.10.2022 including those who retired on 31.10.2022. Ex…
Salient features of 12th BPS and 9th Joint Notes signed by Bank Unions (UFBU)and IBA
Key Benefits and New Leave Rules applicable to officers and employees are highlighted below. Metro Cities Metro Cities Major A class cities Area I other places Scale VI and VII 4050 2925 2475 2150 Scale IV and V 3375 2925 2475 2150 ScaleI, II and III 2925 2475 2150 1800 Advance notice of 10 days…
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