Expected Bank DA from May, 2025

Expected DA calculation updated on 01-04-25 on the basis of CPI announced by the GOI for the month of Feb.'25 and with the assumptions of CPI for the month of Mar.'25 as mentioned hereunder.The CPI for the month of February, 2025 announced on 01-04-2025 as 142.80...

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This PSU Bank Union announce Strike on 21 and 22 April

The bank's most recent transfer policy has drawn harsh criticism from the All India UCO Bank Officers' Federation (AIUCBOF), which describes it as "anti-officer" and a willful attempt to restrict workers' rights. General Secretary Sandeep Chowbey has written to...

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IBPS Clerk Result 2025 Released, Check Selection - Vacancy wise in PSU Banks

The results of the 2025 Clerk Recruitment Exam have been made public by the Institute of Banking Personnel (IBPS).  11,830 applicants were chosen for the Clerk position.  The position was previously open for the hiring of 6,128 clerks.IBPS Clerk Mains...

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Latest Update on Privatisation of Public Sector Banks

The government's intention to privatize two public-sector banks (PSBs) has reportedly been put on hold. The Indian government recently declared its intention to privatize a number of public sector banks. However, since the PSU Banks are now profitable and have...

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New Chairman and Deputy Chairman elected in IBA

According to a release, CS Setty, the chairman of State Bank of India (SBI), has been chosen as the next chairman of the Indian Banks' Association (IBA) governing committee. Tools for managing finances  In addition, Madhav Nair from Bank of Bahrain &...

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PLI Scheme for Senior Officers in PSU Banks Put on Hold

 There is a lot of talk about the new PLI scheme that banks have created for senior personnel. A few days ago, UFBU wrote to IBA requesting that banks delay the introduction of the new PLI scheme. The IBA has now been directed by the Chief Labour Commissioner...

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