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, Read more…
Next round of negotiations for 11th bipartite talks to be held on 15th October 2019. The news has come just after the news of IBA advising for adhoc payment of one month salary (advance against arrears) to bank employees in view of delay in wage revision and looking into the Read more…
IBA vide letter dated 01.10.2019 has advised all Public Sector Banks and Private/ Foreign Banks who are parties to bipartite settlement to release adhoc payment pending finalization of 11th bipartite settlement. Next round of bipartite settlement to take place on 15th October According to the said IBA letter, 30 rounds Read more…
Four Bank Employees Unions have decided to go on 2 days Strike on 26th and 27th September opposing merger of banks announced by Central Govt. and expeditious wage revision as per charter of demand. AIBOC, AIBOA, INBOC and NOBO have given Notice on Strike to IBA conveying that they propose Read more…
Next round of bipartite settlement discussions to start on 29th August 2019. The 11the bipartite settlement is due since November 2017. Indian Bank Association (IBA) vide letter dated 19.08.2019 adressed to UFBU invited bankers unions for wage talks in Mumbai. Nine unions/ associations will participate in the bipartite discussions for Read more…
Wage negotiations under bipartite settlement for workmen of public sector banks may resume soon. But it is unlikely that bank officers’ associations will join the discussions. The wage revision of public sector bank employees is due since November 2017. Officers’ associations are not agreeable for the proposal to link a Read more…
Average delay in bank wage revision for last 5 BPS is 30 months. Since 1966, there is no BPS on time and the least is 9 month
Two days’ bank strike on 21st December and 26th December has been announced by Bank Unions. ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC) has announced strike of bankers on 21st December on the issue of wage revision in 11th bipartite settlement. The demands include salary revision as per charter of demand, Read more…
Indian Bank Association (IBA) has called next meeting on 30th November 2018 for discussions on wage negotiation. The wage revision by way of 11th bipartite settlement is due from 1st November 2017. Round of meetings of taken place between IBA and UFBU but nothing concrete have emerged. By analyzing the Read more…
A small committee meeting of Officers’ Associations with IBA was held on 18th August 2018 in Mumbai. The four Officers’ Associations viz. AIBOC, AIBOA, INBOC and NOBO issued a letter to its members on the developments held in the said meeting, which states as under: On our Charter of Demands Read more…