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AIBEA Forms Sub-Committee to Prepare Charter of Demands for the 13th Bipartite Settlement

Published 07 Jul 2026 · BankPulse Bytes

Quick answerThe All India Bank Employees Association (AIBEA) has set up a sub-committee to draft the Charter of Demands for the 13th Bipartite Settlement -- the periodic agreement that sets pay scales and service conditions for roughly 15 lakh public and private sector bank employees -- after receiving more than 1,000 member suggestions.

The All India Bank Employees Association (AIBEA), one of India's largest bank employee unions, has formed a sub-committee tasked with preparing the Charter of Demands for the 13th Bipartite Settlement. Bipartite Settlements are negotiated periodically between bank managements (represented by the Indian Banks' Association) and employee/officer unions, and they determine wage revisions, allowances and service conditions across the industry.

According to reports, the sub-committee has already received over 1,000 suggestions from members, which will be consolidated and refined through working sub-groups before being formally tabled as the union's charter of demands.

For the roughly 15 lakh bank employees and pensioners across India's banking sector, the Bipartite Settlement process is the primary mechanism through which industry-wide pay revisions are negotiated, making early-stage developments like this sub-committee formation a signal worth tracking well before formal negotiations begin.

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Frequently asked questions

What is a Bipartite Settlement in Indian banking?

It is a formal wage and service-conditions agreement periodically negotiated between the Indian Banks' Association (representing bank managements) and employee/officer unions such as AIBEA and AIBOC, covering pay scales, allowances and working conditions for bank staff.

Who does the 13th Bipartite Settlement affect?

It affects employees and officers of public sector banks and many private/old-generation banks that are signatories to the settlement framework -- collectively around 15 lakh employees and pensioners industry-wide.

Has the Charter of Demands been finalised yet?

Not yet. As of this report, AIBEA's sub-committee is still consolidating member suggestions; the formal charter and negotiation timeline had not been announced.

Source: Media report (X/Twitter) -- https://x.com/kanalmedia23/status/2074076577319751908. This is a BankPulse plain-English digest, not verbatim reproduction, under the editorial review of our expert review panel. Independent platform, not affiliated with the Reserve Bank of India.

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