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…
Based on recent communication & Social Media Spat between two main organizations of Bank employees on issues related to Mergers of banks or early settlement of 11th Bipartite Wage Revision, C H Venkatachalam, General Secretary to AIBEA has advis…
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…
What would be the impact of proposed merger deal of BOB, Vijaya & Dena Bank ? - A Question in the mind of each of the employee of Dena & Vijaya bank ! Although Union finance minister Arun Jaitley promised that employees of these banks w…
No Old Pension only NPS - All hopes shattered for bankers as a group of bank unions were raising demand to replace the existing NPS with old Pension Scheme. Finance Minister Arun Jaitely said in the parliament that The government has no prop…
Finance Minister Arun Jaitley on Friday confirms in Lok Sabha that there would be no loss of jobs due to merger of Vijaya Bank & Dena Bank with Bank of Baroda. The Cabinet has approved merger of Vijaya Bank and Dena Bank with Bank of Baroda…
In order to provide all day banking facilities and differentiate the services from peer banks, Public Sector Syndicate Bank pitches for Holiday or Sunday Banking . Interestingly, in 11th Bipartite Wage Settlement, Bankers Union is demanding 5 day…
All India Bank Officers' Confederation (AIBOC) has given a befitting reply to Finance Minister Sri Arun Jaitely against his statement on making Bank Officers' responsible for NPA menace. As per PTI news : Finance Minister Arun Jaitley sa…
Bankers Union are considering all India Bank strike on 26th a great success and C. H. Venkatachalam, general secretary, All India Bank Employees’ Association told “The response to the strike has been very enthusiastic", The all-India publ…
Public Sector Banker's Union AIBOC is demanding the Minimum Wage concept for Officers as like the Central Government 7th Pay Commission. AIBOC has already submitted an affidavit in this regard to Madurai court. Calculate - Calculate your e…
Impact of the strike call on 21st December 2018, IBA agrees on wage settlement for all level of employees i.e. Scale I to Scale VII. Earlier, just 15 banks had given mandate to Indian Banking Association (IBA ) to negotiate on their behalf while …
There have been lot of rumors in and around the social media or web or Whatsapp regarding cancellation of upcoming UFBU strike on 26th Dec 2018. The withdrawal of strike on 26th Dec 2018 was also shown on some of the news media on TV Channels. …
In today's reconciliation talks with Labor Commissioner, AIBOC presented the banker's demand clearly and unambiguously. Chief Labor Commissioner appreciated the AIBOC effort, along with IBA and DFS representatives. Read - Calculate…
UFBU has requested the AIBOC for reconsider their decision of Boycotting all the further IBA's meeting. On meeting of UBU with IBA on 12th Dec 2018, t he discussion revolved around two issues: A) The issue of extending fraternal support by U…
