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Monday, 25 May 2015

BANK NEWS-Compare How Much 10th BPS is Worse Than 9th BPS

[Reproduced from :www.allbankingsolutions.com]

We have reached on the final day when 10th BPS is likely to be signed any time today (25th May, 2015).  Soon we will see a flood of circulars, articles, facebook posts which will claim that it is a HISTORICAL settlement.   One of our readers Mr. B P Sinha has sent us the comparative charts of salary increase as per 9th BPS and 10th BPS.    
Actually, bankers this time were expecting a higher increase as they were last time befooled that their was lower increase that the 6th CPC as banks had to meet the expenditure for the 2nd pension option.
This time things are worst.   It may be called historical but it is historical that it has allowed the MINIMUM increase of percentage increase in the memory of bankers.   We put below the details for our readers to decide how they should judge it.