UFBU writes a letter to IBA on 28.4.2015 regarding 10th Bipartite Wage Settlement
“we request that meetings of negotiations with the UFBU representatives be held at regular intervals in order to arrive at a settlement, on revision of wages and other service conditions, well within the agreed time-limit.”
UNITED FORUM OF BANK UNIONS
SBI Buildings, Bank Street, Koti, Hyderabad – 500 095.
Tel. Nos. 040-24754166, 24754266, 24754566, Fax-040-24752966
K K NAIR
M V MURALI
All letters to be addressed to the Convenor
Date: 28th April 2015
The Chief Executive,
Indian Banks’ Association,
World Trade Centre Complex,
Centre 1, 6th Floor, Cuffe Parade,
TENTH BIPARTITE WAGE REVISION – NEGOTIATIONS
We refer to the Minutes of Discussions signed on the 23rd February 2015, wherein an understanding has been reached to conclude the wage negotiations within 90 days, which falls on 22nd May 2015. Even though the peripheral and non-monetary issues are being discussed in the Sub-Group meetings held in the interregnum between the IBA and the representatives of UFBU, the discussions on construction of pay scales and settlement of other important monetary issues are yet to take place.
2. Inasmuch as the deadline for conclusion of negotiations, as per the Minutes of Discussions signed on 23rd February 2015, is fast approaching, we request that meetings of negotiations with the UFBU representatives be held at regular intervals in order to arrive at a settlement, on revision of wages and other service conditions, well within the agreed time-limit.
3. Please acknowledge receipt of this communication and advise us the developments in this regard.
4. Please treat the matter as Most Important.