Formula for fitment on promotion from substaff to clerical cadre and clerical to officer cadre – 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.
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
