HOT OFF THE PRESS

Suggestions for the forthcoming Union Budget – 2017
Jan 22, 2017

Mr. Pannvalan provides a detailed view of what to expect from the Union Budget 2017. He provides insight into his view on the Income tax slabs, Depreciation, Luxury Tax, Expenditure Tax & others. A must read before the actual budget on Feb 1st.

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Demonetization: Why India needs a ₹ 200 note
Dec 3, 2016

Let me begin with a question framed in an IAS exam: A lady bought ₹ 200 worth of grocery from a shop and gave a note of ₹ 1000/-. The shopkeeper didn’t have change so he arranged change of ₹ 1000/- from a neighbour shopkeeper. He added ₹ 200 to his cash box and handed over ₹ 800 to the lady......

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Big Win for Retired officers/employees regarding hospitalization expenses in Medical Insurance Scheme
Nov 20, 2016

Mr. S. Ramamchandran had sent a letter dated 29th July, 2016 addressed to Shri P.S.Jayakumar, MD & CEO of Bank of Baroda on the subject of non-reimbursement of medical bills submitted as per banks circular. Now, due to the untiring efforts of Mr. Ramachandran, the bank has responded positively. .....

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Deficiencies and Lapses found in implementation of PMMY/MUDRA
Nov 18, 2016

Mr. Pannvalan provides a valuable insight into the deficiencies & lapses that he has seen in the implementation of PMMY/MUDRA....

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Highlight of the week

DA Change for Bankers from February 2017 - 0.90% Decrease
Feb 1, 2016

Based on the above calculations the revised DA is to be @ 46.90%, for the months of February 2017 to April 2017. [The DA for November 2016 to January 2017 was 47.80%] i.e. decrease of 0.90% or 9 slabs...

DA for Retired Bankers from August 2016 to January 2017
Aug 07, 2016

We have updated the DA for Retired Bankers. Please click the link to see the details.

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Previous Wage Revision Articles

An Indepth insight into the history of Wage Revision Bipartite Settlements including the details of the 10th Bipartite Settlement

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Press Releases / Our Views

Over the years, ABS has provided a great insight on the ongoings of the Banking Industry with its neutral & unbiased viewpoints.

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Our readers are our most valuable assets, and ABS provides them a great platform for our readers to provide their views.

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