Representation of Bank and Insurance Employees

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....epresentation of Bank and Insurance Employees <br>News and Press Release<br>Dated:- 25-7-2014<br><BR>The Government has received representation/memorandum from employees of nationalized banks and Gove....

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....rnment Insurance Companies regarding their salaries, pension and other emoluments due to the employees/officers. The wage revision exercise in respect of employees of PSBs is undertaken through a bip....

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....artite negotiation process between Indian Banks' Association (IBA), representing management of banks who have mandated it to negotiate on their behalf and the Unions/Associations of bank employees. Th....

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....e last meeting between IBA and Unions/Associations took place on 13.6.2014. In respect of the current wage revision of insurance companies, Central Government has already requested Life Insurance Cor....

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....poration (LIC) and General Insurers' (Public Sector) Association of India (GIPSA), coordination body of four public sector general insurance companies and General Insurance Corporation (GIC) to start ....

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....wage revision consultation with their employee's unions/associations. This information was given by the Minister of State for Finance, Smt. Nirmala Sitharaman in written reply to a question in Lok Sa....

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....bha today.<BR> News - Press release - PIB....