IBA Meeting updates with UFBU on 13th Jan 2020 - Another round of the meeting held on dated 13-01-2020 between UFBU and IBA. The IBA has informed to the UFBU that they would not accept the 5 days banking for the bankers for this settlement. …
11th Bipartite News update - The latest round of talk was held on 5th of Dec 2019 between IBA and UFBU. As like all other meetings in the past, the outcome of this wmeeting was also futile. IBA was amend on their offerings like 12% wage hike w…
11th Bipartite Wage Revision - the outcome of latest round of meeting between UFBU and IBA is concluded on 5th Dec 2019. Though as like earlier meetings, no concrete solution comes out but IBA agreed on the settlement with 12% hike. Read - Calc…
11th Bipartite Wage Settlement News - Next round of the meeting between UFBU and IBA is scheduled on 03rd Dec 2019. IBA will discuss the Performance based incentive (PLI) pay structure along with decision on 5 days banking. Read - UFBU Agrees o…
11th Bipartite Wage Settlement Latest News - Good or bad news but UFBU had given their in-principle approval to Performance linked incentive for public sector bank employees to IBA. This will be incorporated in 11th Bipartite wage revision charter o…
11th Bipartite Salary Settlement - With the latest round of 11th bipartite talks between UFBU and IBA and the UFBU proposal for merging of 6353 points (DA as at 01.11.2016) instead of 6505 points (DA as at 01.11.2017) hope for CPC pay died. Read …