• Breaking News

    Monday, 24 April 2017

    BANK NEXT WAGE REVISION IN PSBS EMPLOYEES TO CONCLUDE PRIOR TO THE EFFECTIVE DATE I.E. 01.11.2017

    Bank Next Wage Revision in PSBSs Employees to conclude prior to the effective date i.e. 01.11.2017

    D.O.No. 4/2/2/15/IR
    Girish Chandra Murmu, IAS
    Additional Secretary
    Government of India
    Ministry of Finance
    Department of Financial Services
    Jeevan Deep Building, 3rd Floor,
    10, Parliament Street,
    New Delhi-110 001 

    March 21, 2017.

    Dear MD/ CEO

    Kindly refer to this Department's letter dated 12.01.2016, 24.08.2016, 21.10.2016 and 21.12.2016 addressed to all Public Sector Banks ( PSBs) whereby PSBs were requested to initiate the steps taken for smooth conclusion of next wage revision of the employee within time frame. However, it is seen that several Banks are yet to proceed in the matter. 

    2. May I request PSBs to kindly look into the matter and to conclude the next wage revision prior to the effective date i.e. 01.11.2017 

    With regards,
    Yours sincerely,

    Sd/-
    (G.C. Murmu)

    The Chief Executives of all Public Sector Banks

    Source:-http://financialservices.gov.in

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