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If believe on the recent development for settlement of 11th Bipartite Wage Revision for Public Sector bank employees, 5 Days banking is on card for them post settlement. It is hinted that Indian Banks’ Association (IBA) is agreed on the demand of Bankers’ for 5 Days a week banking. The authenticity of news is not […]
Increasing their earlier offer of 2% hike in salary for Bank employees of Public Sector Banks in 11th Bipartite Settlement, IBA is now enhancing it to 6%. United Forum of Bank Unions (UFBU), rejected the offer again, but said they are open for further negotiations. Calculate Your Expected Salary with 6% Hike Bank unions are demanding […]
Public Sector Banks are gearing up to compete with Private Sector banks and it’s started with right track – Three Public Sector Banks i.e. State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are planning to introduce performance-linked salary structure for the senior management. First time in the history of Public Sector Bank […]
A two days bank strike by Public Sector Banks hit the transactions worth Rs 20,000 crore. Industry body Assocham, urging the United Forum of Bank Unions (UFBU) to call off the strike. Assocham has also urged the government to come up with a plan for restoring the health of public sector banks. The UFBU, an umbrella […]
Public Sector Bank Unions are on strike from 3oth May – United Forum of Bank Unions (UFBU) has announced two-day bank strike on May 30 and 31 to protest against Indian Banks’ Association’s (IBA) humilating offers on wage hike under 11th Bipartite Settlement. The IBA has offered an average pay increase of 2% to employees […]
There was meeting held between representative of various Bank unions with IBA (Indian Bankers Association) for settlement of 11th Bipartite wage revision. IBA on behalf of government informed to settle the salary revision on time as per the scheduled date. During the discussions, the following issues were taken up for deliberations: Read : 11th Bipartite […]
11th Bipartite Settlement for Bank employees is due on 01st Nov 2017 but the demand of wage revision as per central government employees are already started among banker’s. Banker’s believe that their salary are not competitive as per the market scenario. They want their salary as competitive like their peers in private sector banks. There […]
Finally after lot of repeated reminder by government, Bank’s officers union has submitted the summary of demand and no charted of demand to Indian Banker’s association (IBA). Bank officer’s union are not having that much time to finalize the Charter of Demand of their members. They have requested IBA to grant them time for preparing […]
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