All India Bank Officer's Confederation (AIBOC) has called for Nation wide strike on 21st December 2018 against regressive attitude of IBA on the issue of mandate and other demands related to 11th Bipartite Wage Revision for Bank Employees. C…
11th BPS Wage Revision Updates - Today's meeting with IBA was futile and AIBEA GS C.H. Venkatachalam has posted the status as : In today meeting Iba improved their offer to 8%. We replied it is far below our expectation and urged upon them t…
In a mockery to the Banker's long outstanding demands of settling the 11th Bipartite Wage revision , the recently concluded convention of Women wings of All India Bank Employee's Association (AIBEA) has issued a circular where they have me…
All India Bank Employees' Association (AIBEA) has rejected the IBA offers of Bank-wise pay revision on 11th Bipartite Wage Settlement . Further, the general secretary of AIBEA C. H. Venkatachalam has also added that Calculate : Your Expect…
United Forum of Bank Unions (UFBU) has requested the Indian Bankers' Association (IBA) for scheduling another meeting for early resolution of 11th Bipartite Wage Revision. The wage revision for bank employees under 11th Bipartite is pending si…
Come 19 July, Indian banking industry will have a historical landmark. Bank nationalisation by Prime Minister Indira Gandhi will hit half a century. And as this measure emanating out of Indira Gandhi’s “Garibi Hatao” slogan matures at 50, all is not…
Interestingly UFBU Calls For Demonstration But Not For Salary Hike rather against the proposed merger of Bank of Baroda, Vijaya Bank and Dena Bank on 23rd October. There are six agendas for Demonstration but none for early settlement of 11th Bipart…
All India Bank Employees' Association (AIBEA) through their General Secretary C. H. Venkatachalam has officially announced to inform their member that neither UFBU nor AIBEA had given any such strike call. he insisted that there was no official…
News Not Yet Confirmed - Few users of this blog has shared content/news related to strike. We have been posting it on the site without any modification. Kindly suggest the authenticity of the news. ____________________________________________ U…
In a bizarre move, United forum for Bank Unions (UFBU) has accepted the Indian Bankers' Association (IBA) proposal of "Performance Based Salary Hike" with little modification. A recent circular issued by the Bankers' Union wit…
11th Bipartite Wage Revision Current News Update - Minutes of recent meeting held on 12th October 2018 between Indian Bankers' Association (IBA) and Bankers' Union UFBU. IBA team was led by Shri R.K. Takkar, MD/CEO of UCO Bank and Chair…
11th Bipartite Wage Revision Recent Updates - Meeting scheduled on 12th October 2018 may finalize the 11th Bipartite Wage Revision for Bankers. Recent developments and speed up in the process of salary negotiation by Indian Bankers' Association…
On Behest of Government of India, Ministry of Finance, Indian Bankers' Association (IBA) has called the meeting with Bankers' Union UFBU in hurry and without any proper schedule. The major reasons for proposed meeting on 12th October is …
Indian Bankers' Association (IBA) is not at all serious about the bankers' wage revision. There are many reasons to prove it, few of them are 1. On 29th Sept 2018 Meetinf IBA has proposed the formula of 'Performance Linked Salary St…
Next ,Next, Next and another next on 12th October 2018. Another meeting is called by Indian Bankers' Association (IBA) with Bankers' Union UFBU for another round of discussion for settling the 11th Bipartite Wage revision. We are hope as…
Banks' Union will decide the faith of IBA's proposal of performance linked salary hike for bank employees on 14th Of October - They will decide among all the unions of different banks, whether to accept or reject it. A recent interview w…
11th Bipartite Wage Revision Current Status - Recently Business Standard, a leading news paper has reported that Indian Bankers' Association (IBA) is almost rigid on their stand of Fixed plus variable pay structure for Public Sector Bank Employ…
Recently Indian Bankers' Association (IBA) has come up with the idea of Annual Increment salary structure for bank employees linked with performance of the bank on various criteria like Return on Assets, Operating Profits, YoY growth etc. IB…