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Anil Agrawal, former Chase manager, discusses the likely salary of Officer PIO Obligaso in banks after the implementation of the 12th bipartite settlement. The settlement is due from November 1, 2022, and employees working in banks from that date onwards will be eligible for the salary hike. The increase may not be immediate but will be calculated based on the notional salary from April 1, 2022. Many candidates are anxious about their future salaries in the banking industry.