Formula for fitment on promotion from substaff to clerical cadre and clerical to officer cadre – Revised Guidelines as 11th BP Settlement

Formula for fitment on promotion from substaff to clerical cadre and clerical to officer cadre – Revised Guidelines as 11th BP Settlement

ALL INDIA BANK EMPLOYEES’ ASSOCIATION
Central Office: “PRABHAT NIVAS” Regn. No.2037
Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001

AIBEA/GS/2021/58

Dated: 9-4-2021

To

Sri. S K Kakkar,
Senior Advisor-HR & IR,
Indian Banks’ Association
Mumbai

Dear Sir,

Reg: Formula for fitment on promotion from substaff to clerical cadre and clerical to officer cadre – revised Guidelines to be given

You are aware that consequent to revision of pay scales under the 11th Bipartite Settlements, the need has arisen to provide for revised guidelines on the formula for fitment in pay scales on promotion from substaff to clerical cadre and clerical to Scale I officer cadre.

After the 10th BP Settlement, IBA gave these guidelines vide IBA Circular No. 1194 and 1195 dated 7th August, 2015.

11th BI-Partite Settlement Dtd. 11 Nov 2020- Clerical and Subordinate Staff: Wage revision etc. w.e.f 1st Nov, 2017

Revision of Salary DA Increments HRA and Other Allowances Bank Officers w.e.f 1st Nov 2017: 11th BI-Partite Settlement Dtd. 11 Nov 2020

Similar guidelines need to be issued by IBA now after 11th BP Settlement. We request IBA to process the same and issue the Guidelines at the earliest which will be effective for all promotions w.e.f 01-11-2017.

Thanking you,

Yours faithfully,
C.H. VENKATACHALAM
GENERAL SECRETARY

Source: ALL INDIA BANK EMPLOYEES’ ASSOCIATION