11th Unions Negotiated with IBA for lowering the service charges for the customers in the Bank - 11th Bipartite Wage Settlement - Current Status & News

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Thursday, 19 March 2020

Unions Negotiated with IBA for lowering the service charges for the customers in the Bank

11th BPS Meeting Updates - This will be the most weired discussion, I have ever seen. In the recently concluded meeting of the IBA vs Banker's Union, it was demanded that 

One of the unions’ demands is that service charges for customers need to be lowered. The unions’ argue that reducing charges won’t just be for the benefit of the depositors but would also help banks improve their reputation in the eyes of the public.
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No movement was made on this demand during the latest round of talks, and negotiations are likely to go on for longer. 

IBA agreed to discuss all other issues through further discussions. 


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