IBA INDIAN BANKS’ ASSOCIATION HR & INDUSTRIAL RELATIONS No.HR&IR/SKK/Medical Ins/2018-19/5041 May 8, 2018 Shri Sanjev K.Bandish,Convenor,UFBU United Forum of Bank Unions, C/o State Bank of India,LHO,Plot no.1, Sector -17A Chandigarh – 1600017 Dear Sir, Medical Insurance Scheme – constitution of committee Please refer to our earlier communication in the subject matter and discussions held on 5th May,2018 with the Negotiating Committee. As desired , we place below the four suggested options: i. Banks may go back to the earlier Hospitalization Expenses reimbursement Scheme as was in vogue till 9th Bi-partite settlement for employees and dependent family members. ii. Directly deal with united India Insurance Co.Ltd or any other Insurance Company by calling quotes, without any interference from Broker. iii. Advise banks to decide on the course of Medical Insurance Scheme on their own. Each Bank can negotiate with Insurance Companies to provide a Scheme tailor made to the requirement...

Dearness Relief to Bank Pensioners from February 2018 to July 2018 - IBA Orders Dearness Relief payable to Pensioners for the period February 2018 to July 2018 Indian Banks' Association HR & Industrial Relations No.CIR/HR&IR/D/G2/2017-18/4433 February 1, 2018 (Designated Officers of all Members Banks which are parties to the Bipartite Settlements on Pension Dear Sirs, Dearness Relief payable to Pensioners for the period February 2018 to July 2018 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers  (Base 1960=100) for the quarter ended December 2017 are as follows:- October 2017 - 6551.03 November 2017 - 6573.86 December 2017 - 6528.21 In terms of Regulation 37 of Bank Employees' Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations. Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 20...

DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note Dearness Allowance for Workmen and Officer Employees in banks for the months of  February, March & April 2018 under X BPS/Joint Note 25.5.2015 Indian Banks' Association HR & Industrial Relations No.CIR/HR&1R/76/D/2017-18/4431 February 1, 2018 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2018 under X BPS/Joint Note 25.5.2015 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2017 are as follows:- October 2017 - 6551.03 November 2017 - 6573.86 December 2017 - 6528.21 The average CPI of the above is 6551 and accordingly the number of DA slabs are 527(6551-4440=2111/4= 527 Slabs). The last quarterly Payment of DA was at 516 Slabs. Hence there is an increase in DA slabs of 11, i.e 527 Slabs...