Kanal Media
629 views • 27 days ago
13th Bipartite Settlement Talks Begin: 5-Day Banking, PLI and Pension Issues in Focus
Preparations for the 13th Bipartite Settlement (BPS) have begun as bank unions and officers' associations start consultations for the next wage revision. Key issues expected to be discussed include a 5-day banking week, Performance Linked Incentive (PLI), pension updation, uniform Dearness Allowance (DA) on pension, and employee welfare. The early consultative process aims to help streamline negotiations ahead of the next settlement cycle.
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