Acting Finance Minister of India Sri Piyush Goyal believes that the existing salary of Bankers are very good and competitive as per the industry structure and there is no need to go for hike. Further, he also added that good salary of bankers are due to "7th Pay Commission".
We believe that Minister is under impression that bankers are being paid as per 7th Pay commission and not via 11th Bipartite Settlement. Finance Minister has commented post Bank'e Union Meeting with Piyush Goyal on 03rd August 2018.
He Tweeted !!
Now Who To Blame !!!!! Bank's Union or IBA or Finance Minister !!!!! Bank's Union Met with FM on 03rd August, click to see the demands submitted to FM on 3rd August.
This is really gonna interesting to see the 11th Bipartite Settlement !!!!!
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11th Bipartite