23 Jul

List of N.I. Act Bank Holidays for 2021 – All States (Delhi, West Bengal, Telangana, Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh, Karnataka, Kerala, Gujarat, Haryana, Punjab, Odisha, etc.)

State Wise Lists of Indian Bank Holidays 2021 under N.I. Act or Public Holidays.

BANK HOLIDAYS AS NOTIFIED BY IBA / RBI under Negotiable Instruments Act(NI Act) for THE YEAR 2020 FOR DIFFERENT STATES IN INDIA – Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Chandigarh, Delhi, Dadra and Nagar Haveli, Daman and Diu, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Ladakh, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Punjab, Puducherry, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, Uttarakhand, Uttar Pradesh, West Bengal.

State Wise Links are given below of Holidays for year 2021 under NI Act. These are also called ‘Gazetted Holidays under NI Act'(The Negotiable Instruments Act, 1881) which are applicable for all Banks, LIC, GIC, GIPSA Insurance Companies and various other public sector companies.

Click Below on the Name of the State for Which You Want to see the list of Holidays 2021 As Declared by Respective States under NI Act and also Notified by IBA / RBI (These are also called Public Holidays by most of the states). Please note that we will keep updating these links as some of the states have not announced holidays till date.

1) Andhra Pradesh BANK HOLIDAYS 2021 – CLICK HERE

2) Arunachal Pradesh BANK HOLIDAYS 2021- CLICK HERE

3) Assam BANK HOLIDAYS 2021 – CLICK HERE

4) Bihar BANK HOLIDAYS 2021 – CLICK HERE

5) Chhattisgarh BANK HOLIDAYS 2021 – CLICK HERE

6) Goa BANK HOLIDAYS 2021 – CLICK HERE

7) Gujarat BANK HOLIDAYS 2021 – CLICK HERE

8) Haryana BANK HOLIDAYS 2021 – CLICK HERE

9) Himachal Pradesh BANK HOLIDAYS 2021- CLICK HERE

10) Jharkhand BANK HOLIDAYS 2021 – CLICK HERE

11) Karnataka BANK HOLIDAYS 2021 – CLICK HERE

12) Kerala BANK HOLIDAYS 2021 – CLICK HERE

13) Madhya Pradesh BANK HOLIDAYS 2021 – CLICK HERE

14) Maharashtra BANK HOLIDAYS 2021 – CLICK HERE

15) Manipur BANK HOLIDAYS 2021 – CLICK HERE

16) Meghalaya BANK HOLIDAYS 2021 – CLICK HERE

17) Mizoram BANK HOLIDAYS 2021 – CLICK HERE

18) Nagaland BANK HOLIDAYS 2021 – CLICK HERE

19) Odisha BANK HOLIDAYS 2021 – CLICK HERE

20) Punjab BANK HOLIDAYS 2021 – CLICK HERE

21) Rajasthan BANK HOLIDAYS 2021 – CLICK HERE

22) Sikkim BANK HOLIDAYS 2021 – CLICK HERE

23) Tamil Nadu BANK HOLIDAYS 2021 – CLICK HERE

24) Telangana BANK HOLIDAYS UNDER NI ACT 2021 – CLICK HERE

   TELANGANA GENERAL & OPTIONAL RESTRICTED HOLIDAYS 2021 – CLICK HERE

25) Tripura BANK HOLIDAYS 2021 – CLICK HERE

26) Uttar Pradesh BANK HOLIDAYS 2021 – CLICK HERE

27) Uttarakhand BANK HOLIDAYS 2021 – CLICK HERE

28) West Bengal BANK HOLIDAYS 2021 – CLICK HERE

UNION TERRITORIES OF INDIA

1) Andaman and Nicobar Islands BANK HOLIDAYS 2021 – CLICK HERE

2) Chandigarh BANK HOLIDAYS 2021 – CLICK HERE

3) Dadra and Nagar Haveli BANK HOLIDAYS 2021 – CLICK HERE

4) Daman and Diu BANK HOLIDAYS 2021 – CLICK HERE

5) Jammu and Kashmir BANK HOLIDAYS 2021 – CLICK HERE

6) Ladakh BANK HOLIDAYS 2021 – CLICK HERE

7) National Capital Territory of Delhi BANK HOLIDAYS 2021 – CLICK HERE

8) Lakshadweep BANK HOLIDAYS 2021 – CLICK HERE

9) Pondicherry BANK HOLIDAYS 2021 – CLICK HERE

23 Jul

11th BPS SETTLEMENT MOI – INCREASE in Family Pension

The only bright spot for retirees in 11th BPS is improvement in Family Pension.
(That too an informal information)
A sample calculation on Dec 2019 DA %:
*Family Pension Clarification:*
*Formula:*
*(Based on last drawn Basic Pay+Spl.Pay+PQA+FPP)*
*For 10th B.P.S*
*Up to Rs.* *11000=30%*
*11001 to 22200=20%*
*Above 22201 =15%*
*Example:*
*A Spl.Asst. last drawn B.P.*
*=Rs.47510*
*His Basic Pension=23755*
*His Pension+D.A(71.70%)*
*After commutation =32869*
*Family Pension as per formula comes to*
*Basic pension*
*9337 ( works out to 19.65% of Last drawn B.P.) +D.A. 6694 =16031*
*If the basic is higher than 47510 ,then this 19.65% will still be reduced.*
*Our demand is to raise this percentage to 30% without slab system, as per Central/State Govt. pension scheme*
*If accepted, revised Family Pension in this case will be*
*14253+10219=Rs.24472*
Hence new Family Pension= 24472
Old Family Pension=16031

23 Jul

NEW BASIC PAY SALARY CHART FOR BANKS AS PER 11 BPS SETTLEMENT MOI

11TH BIPARTITE SETTLEMENT (BPS) in Public Sector Banks is due from 1.11.2017. Finally after months of negotiations between the IBA and Bank Unions, a MOI has been signed on July 22, 2020.

Check out the NEW BASIC PAY SALARY CHART FOR BANKS’ Employees AS PER 11 BPS SETTLEMENT MOI:

 

UPDATE ON NOVEMBER 11, 2020:

Conclusion of Discussions between Indian Banks` Association and Workmen Unions ON November 11, 2020. Check out the final settlement terms signed.

UPDATE ON NOVEMBER 2, 2020:

Clerical and Sub-Staff pay scales have been finalized.

clerical revised pay scales 11 bps
Sub Staff Revised Pay Scales 11 BPS
11 BPS

CLICK ON THE LINKS BELOW

NEW BASIC PAY CHART 11 bps pdf

11 bps projections pdf

MORE LINKS: 11TH BIPARTITE SETTLEMENT – Wage Revision 2017 in Public Sector Banks – All Updates