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UFBU Calls Off Nationwide Bank Strike on 24th and 25th Mar 2025 After Assurances from Finance Ministry and IBA

I n a significant development on March 21, 2025, the United Forum of Bank Unions (UFBU) has decided to call off their two-day nationwide strike, which was originally planned for March 24 and 25. This decision was made after the UFBU received positive reassurances from both the Finance Ministry and the Indian Banks’ Association (IBA) regarding their key demands. The banking unions, under the umbrella body of UFBU, represent employees from nine major unions across the country, including AIBEA, AIBOC, NCBE, AIBOA, and BEFI. The unions had earlier called for the nationwide strike to protest against several ongoing issues that they believe impact the welfare and job security of bank employees. Key Issues Behind the Proposed Strike The strike was initially called by UFBU to address a range of pressing concerns, some of which have been lingering for years. The union's main demands included: Five-Day Workweek for Bank Employees:  One of the most anticipated demands was the implementation o...
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JAIIB - Junior Associate of the Indian Institute of Bankers

What is JAIIB?

JAIIB is the exam that is conducted by Indian Institute of Banking and finance. It gives the extra edge of knowledge of banking alongwith ceritification in banking knowledge (JAIIB for Member) from IIBF and one extra increment as monetory benefit someone is working in PSU bank.

Increment is applicable for officers as well as clerks.

Eligibility for JAIIB

It is applicable for ordinary member of the institute only. Anyone who is working in Banking and Financial industry can become member of the institute. However candidate should be passed matriculation exam.

Exam Pattern of JAIIB

It includes three subjects - 
                                    
I   Principles & Practices of Banking
II  Accounting & Finance for Bankers
III Legal & Regulatory Aspects of Banking

Each subject question paper contains approximately 120 questions (objective multiple choice) carrying 100 marks.
 
There is no negative marking for wrong answer.                                               


Pass Criteria for JAIIB

Minimum - 50%
Candidates securing atleast 45% in each subject with overall 50% marks in first attempt also considered as JAAIB passed.


Fees for JAIIB

Ordinary Membership valid for entire life - 1685/-

First Attempt of 2 blocks - 2697/- (12.36% service tax extra)
Second Atempt of 2 blocks - 2697/- (12.36% service tax extra)

For more details, refer official site of IIBF www.iibf.org. 


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