Meeting between IBA and Bank Employees’ Associations was held in Mumbai on 22nd July for discussion on 11th bipartite settlement. This time the matter has been concluded and bankers can foresee the long pending increase in salary.
As per sources, wherein the minutes of meeting have been shared by IBA, the following has been agreed for conclusion of the 11th bipartite settlement, which is to be effective w.e.f. 1st November 2017 (An MOU will be signed to this effect):
Detailed bipartite/ joint note will be signed within 90 days.
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