Bank Employees Wage Revision – 10th Bipartite Wage Settlement Comes to an End WE ARE HAPPY TO INFORM THAT IN TODAY’S TALKS, WAGE REVISION SETTLED AT 15% (RS.4725/- CRORES) WITH EFFECTIVE FROM 01.11.2012. 2ND AND 4TH SATURDAY’S WILL BE HOLIDAYS AND OTHER SATURDAY’S WILL BE FULL WORKING DAYS. STRIKE DEFERRED. DETAILED CIRCULAR FOLLOWS. Indian Banks’AssociationMinutes … Read more
UFBU decides to revive the strike programmes – 4 days strike from 25th to 28th Feb 2015 IBA backtracks from its assurance Offers a paltry 0.5% increase UFBU decides to revive the strike programmes Calls for four days Strike from 25th to 28th February, 2015 Indefinite Strike from 16th March, 2015 In our earlier Circular … Read more
Xth BPS : UFBU not satisfied with IBA’s offer, to go on strike As scheduled the 10th BPS wage Negotiation Talk between Bank Unions (UFBU) and Indian banks Association held to day at Mumbai. In the talks today(3rd Feb) IBA offered only 0.5% improvement(to take the wage hike to 13% from earlier offer of 12.5%) … Read more
DA for Bank Employees – Circular issued by IBA IBA issued circulars regarding increasing the Dearness allowance for bank employees from February to April 2015 and Dearness relief for bank pensioners from Feb to July 2015 Click here to download the IBA circular of DA for employees Click here to download the IBA circular of … Read more
Bank Bipartite negotiation between UFBU and IBA: Possibility of significant hike stands remote On the eve of next bipartite negotiation between UFBU and IBA, scheduled the 3rd February’15 at Mumbai, possibility of significant rise in salary is looking a distant probability. As per sources, the deal is likely to be concluded soon, within just one … Read more
Bank D.A. for the next quarter (February to April 15) JUST 2 SLABS INCREASE IN DA PAYABLE TO BANK WORKMEN/OFFICERS FOR NEXT QUARTER FEB to APRIL 2015 The AICPIN (IW) Base 2001=100, for the month of December ’14, has been released by Labour Bureau Govt of India, to day, which stood at 253 point which was … Read more
Bank Wage Revision : IBA fixed date for next Bipartite meeting Meeting of sub committee on charter of demands on workmen to be held on 30th January 2015 at Mumbai. Following which IBA managing committee will meet on 31st January and next bipartite meeting with UFBU will take place at Mumbai on 3rd February 2015. … Read more
Bank Officers association meets IBA on 14th Jan 2015 The officers’ association and representatives of IBA met on 14th January 2014 and the Officers association expressed their views of which IBA has shown positive attitude. Following is the details as available in AIBOC Circular No 2015/04 dated 15.01.2015 “The subcommittee met on 14th January at … Read more
Bank Bipartite : Sub Committees to start discussion today Further to last round of 10th BPS negotiations with Indian Banks’ Association( IBA ) by Bank Unions (United Forum Of Bank Unions)which held on 6th and 7th Jan15. instant, as agreed during the discussions, IBA has now fixed up the meetings of the Sub-Committees as under: … Read more
Proposal to bring all bank staff under 7th Pay Commission – Minister replied in Parliament Member of Parliament Shri M.P.Achuthan asked some questions regarding bank employees in Parliament and the concerned minister replied… Covering bank employees under Seventh Pay Commission (a) whether Government is considering a proposal to bring about 800,000 employees under Seventh Pay … Read more