12th Bipartite Settlement News

12th BPS Latest Updates - IBA has called UFBU for meeting on 12th Jan 2022 at Mumbai. The meeting is called for discussing the below agenda items. :  1. Follow up on the decision made on 5 days banking 2. Pension Updation 3. Demand for OPS over NPS 4.…

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 Wage Revision - Next meeting between IBA and UFBU is scheduled on 13th Jan 2020 at mumbai. The details of the meeting is conveyed as under : Read -  IBA Meeting Updates 13th Jan 2020

11th Bipartite Wage Revision latest updates on meeting between IBA and UFBU on dated 05th Dec 2019. The minutes of the meeting is provided by the UFBU and AIBOC here below: No major updates, IBA rejected the demand of 15% hike with 5 days ban…

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 BPS Negotiation Meeting with IBA - status In today's talks with IBA, their offer was improved to *12%* which we did not agree.  There was also discussion on mandate, PLI, retirees issue etc. Detailed circular follows.         SK Bandish…

11th Bipartite Wage Revision (11th BPS) latest updates - Minutes of meeting held  on 29th August between UFBU and Indian Bankers' Association (IBA). In this meeting IBA had not discussed anything with the Bankers' Union and asked them to dr…

Indian Banks' Association (IBA) has called for the next meeting with all the representatives of the UFBU & Banks' Union on 29th Aug 2019. It is believed that a fruitful decision will be taken in this meeting. Read -  Calculate Your…

IBA has once again requested the all the participating member bank to provide the fresh mandate for 11th bipartite wage settlemenmt to IBA to negotiate with unions/ associations on behalf of these banks. Read -    IBA Agrees on 5 Days a Week Ban…

IBA is  ready to discuss on 11th Bipartite Wage Settlement up to Scale V level officers now. Earlier IBA was firm on talks only upto scale III officers. Read -  IBA Agrees on 5 Days a Week Banking Officer's bodies AIBOC & NOBO contin…

Minutes of 11th Bipartite Wage Settlement Meeting between IBA and UFBU dated 19-06-2019 _______________________________________________ As per Invitation from IBA, today, i.e., on Wednesday, 19 June 2019 talks on XI Bipartite Settlement betwee…

19-06-2019 - Meeting Updates - IBA – UFBU - 11th Bipartitewage settlement discussion! Today (19.06.2019), leaders of UFBU unions had wage settlement discussion with IBA.  The officers' associations AIBOC and NOBO did not participate in …

After a long time and under new Finance Minister, the meeting between IBA and UFBU is scheduled on 19th June 2019 for wage negotiation under 11th Bipartite Settlement.   Read -  This will be Your Expected Basic Pay After 11th Bipartite Settlemen…

One more round of meeting was held on the request of Indian Banker's Association (IBA) on dated 02nd Feb 2019 at Union Bank of India, Central Office, Mumbai. IBA was represented by Sri Raj Kiran Rai, Chairman, Negotiating Committee (MD & CEO…

11th Bipartite Wage Settlement Status - Another round of Bipartite Talks was held today in Mumbai between IBA and our 5 Workman Unions. IBA was represented by Mr. Rakesh Sharma, (MD of IDBI Bank), Chairman of the Small Negotiating Committee, Mr. V G…

11th Bipartite Wage Settlement Updates - A Meeting of full Negotiating Committee of UFBU with full Negotiating Committee of IBA on 11th BPS will be held on 2nd February 2019 in Board Room of Union Bank of India, 16th Floor, Union Bank Bhawan, 239, V…

Bank Employees Union and IBA meeting was held on dated 19th Jan 2019 related to 11th Bipartite Wage Settlement.  There were certain demands which were accepted by the IBA. As usual the date of next meeting is scheduled on 01st Feb 2019. Che…

11th Bipartite Wage Revision meeting is going on with various Bank's Union. As far as the updates are concerned, AIBOC has boycotted the meeting siting the non acceptance of salary hike offered. Calculate - Your Salary with 8% Hike …

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…