AIBEA GS C H Venkatachalam - Wage Settleemnt is Not a Priority at this Moment !

Dead end for the bankers much awaited wage revision - 11th Bipartite. One of the constituent of the UFBU, the umbrella union for the bankers, who is in talk with IBA for 11th Bipartite Wage Settlement has said in the statement that the Wage Settlement is not at all priority of the moment due to COVID pandemic. The talk will be resumed only after the normalcy.

According to C.H. Venkatachalam, General Secretary, AIBEA

On the pending wage talks with Indian Banks' Association (IBA), AIBEA GS C H Venkatachalam said the Covid-19 has resulted in an emergency situation for the country and the people and the priority is to safeguard the interest of the people.
He further advocated the bank's merger and said that the amalgamation has happened in a friendly manner and not in a hostile way.

CHV AIBEA

Interestingly the same Union had opposed the government moves for the merger and even they went for all India strike against it.
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