BOI to Absorb Full Perquisites Tax After FBOIOA’s effort

 In a major relief for its employees, the Bank of India (BOI) has decided to absorb 100% of the perquisites tax liability arising from concessional and interest-free loans provided to staff members. The move comes after persistent efforts by the Federation...

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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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