New Delhi, March 25 The United Forum of Bank Unions (UFBU), a federation of nine unions, on Wednesday demanded the immediate reversal of the unilateral implementation of the revised performance-linked incentive (PLI) formula.The revised PLI formula, proposed by the Department of Financial...
bank unions
bipartite settlement
conciliation
departmentoffinancialservices (dfs)
financialservices
fy 2024-25
indian banks' association (iba)
industrial relations
labor relations
performance-linked incentive (pli)
public sector banks
scale iv officers
union demands
united forum of bank unions
wage negotiations
New Delhi, March 19 The United Forum of Bank Unions (UFBU) on Thursday expressed serious concern and objected to the directive issued by the Department of Financial Services (DFS), Ministry of Finance, advising public sector banks to pay Performance Linked Incentive (PLI) to eligible officers...
bank management
basic pay
conciliation proceedings
da (dearness allowance)
departmentoffinancialservices (dfs)
financial implications
indian banks’ association (iba)
industrial disputes
ministry of finance
officer cadre
officer scale iv
performance linked incentive (pli)
public sector banks
remuneration
united forum of bank unions