When will 12th bipartite settlement come into force?

The 12th Bipartite settlement has been pending for the last 240 days. The 11th bipartite settlement(11th BPS) was signed on 11/11/2020 and is effective from 01/11/2017 to 31/10/2022. In the 11th Bipartite settlement, the bank employees got a 15% increase in salary along with a performance-linked incentive scheme over and above the salary. The 12th┬áBipartite … Read more