Bank Union Talk

12th BPS Update - Next Meeting to be Held on 9th Nov

IBA has intimated the Joint forum of bankers' union for next round of meeting on 9th Nov 2023. Further negotiation will be held on hike in the already offered 15% increase in the Payslip cost under 12th Bipartite wage settlement. Also Read -  Cal…

12th BPS Latest Updates - UFBU Meeting with Member Unions

12th BPS Latest Updates - UFBU Meeting with Member Unions on discussion about the pending issues with IBA along with 5 Days Banking, Pension Updates and unnecessary delay in settling the 12th Bipartite Wage settlement. Meeting is called on 15th Decem…

UFBU Demands Early Settlement of 12th Bipartite Wage Settlement

UFBU Demands Early Settlement of 12th Bipartite Wage Settlement for the Public Sector Bank employees. It is advised by Bankers' Union to IBA citing the delay in earlier wage settlement and eroding of real benefits of hiked wage due to higher infla…

Next Round of Meeting For 11th BPS Pending Issues on 23rd Sept

Next Round of Meeting with IBA on Residual and Pending issues on 23rd Sept 2022. This is the condition of Wage settlement in the Banking sector. One may think about the status of 12th BPS when the settlement of 11th BPS is still pending. The 11th BPS …

Bank Union Demands for Hike in Staff Welfare Fund in Top Four Banks

AINBOF has demanded the hike in Staff welfare funds in amalgamated banks from existing 3%. At present, the maximum ceiling for Staff Welfare Funds was fixed at 3% of net profit subject to a cap of maximum ceiling. Bankers Union has demanded to revise …

Canara Bank Officers Association Disaffiliated from AIBOC

Post 11th Bipartite Settlement , the inner dispute between the Public Sector Bank Unions are now surfaced. In the first blow, the Canara Bank Officers Union (CBOA) has decided to keep themselves out from the affiliation of AIBOC. Also Read -  Governm…

AIBEA Directs Union Members for LEVY @4% From Net Salary

Another blow to the pocket of the bank employees after lower hike in saalry under 11th BPS Wage Settlement. The Banker Unions like AIBEA has demanded the levy at 4% out of the net arrears paid. The levy is being demanded for the purposes of the expens…

'No Levy from the Members' : Canara Bank Officers Union (CBOO)

Canara Bank Officers Organization (CBOO) has announced that they would not charge any levy from any of their members for 11th Bipartite Wage Settlement. They had not charged the levy in previous settlement also. The 11th BPS Wage revision was finalize…

11th BPS is Almost Finalized : AIBEA

11th BPS Updates -  After meeting between IBA and AIBEA on dated 31st Oct 2020, the understanding on the salary structure is finalized and AIBEA has hinted that the 11th BPS will be completed soon.  One more round of discussions was held today betwee…

AIBEA Meeting Updates Dated 12-10-2020 - 11th BPS

AIBEA- minutes of meeting updates as on 12th October 2020. There were various decision taken in the meeting including the proposed call of strike on 26th November 2020. Additionally, discussion were made on the improvement of family pension i.e. Unifo…

List of Participating UFBU Members in 11th BPS Meeting

Know your representative for 11th Bipartite Wage Settlement - United Forum for Bankers Unions (UFBU) has shared the list of participants along with location for upcoming 11th Bipartite Wage Settlement Meeting. The proposed meeting will be held under …

11th BPS - IBA Meeting with UFBU on 22nd July 2020

11th Bps Latest Updates related to wage negotiation meeting between IBA and representatives of the Banker's Union i.e. UFBU. The proposed meeting is scheduled on 22nd July 2020 at IBA office. Also Read -  IBA Don't have Authority to Direct Ba…

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