Bank Wage Revision Update – Meeting of Unions and IBA

Bank Wage Revision Update – Meeting of Unions and IBA

Another round of discussion took place between Indian Bank Association and Workmen Union on 14th November 2017. Wage Revision by way of 11th Bipartite Settlement is due from 1st November 2017 and is pending. (In the meantime, DA for Bankers has increased by 3.80% from...
5 Days working for Banks?

5 Days working for Banks?

The demand for 5 days week in banks is included in charter of demand for 11th BPS and is under negotiation. During recent time, there have been various rumors that 5 days banking has been approved from 1st November 2017, even some videos and some fake news articles...
11th BPS Latest update – 3rd Round of Core Group Meeting

11th BPS Latest update – 3rd Round of Core Group Meeting

11th Bipartite Settlement is due from 1st November 2017 for which negotiations are under process. UFBU has already submitted Charter of Demand for 11th BPS in June 2017.  Here is the latest update on 11th Bipartite Settlement. 3rd Round of Core Group Meeting of...
When will 11th Bipartite Settlement take place?

When will 11th Bipartite Settlement take place?

Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA.  11th bipartite settlement is due from 1st November 2017. Government of Indian has already written a letter followed by a reminder to complete the negotiation process to meet...

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