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 Officers was held on 9th October Read more…
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 the timelines of 11th bipartite settlement date which Read more…
As already decided UFBU and Bank Unions to go ahead with the All India Bank Strike on 22nd August 2017 as the conciliation meeting before Chief Labour Commissioner failed. UFBU informed that a conciliation meeting between IBA and UFBU was held on 19th August before the Chief Labour Commissioner in Read more…
UFBU has called all India Bank Strike on 22nd August 2017. A meeting of UFBU was held at Mumbai on 28th June 2017 to discuss and decide on the further course of action on the present moves of the Government against the Public Sector Banks and also the wage revision issues. After deliberation Read more…
Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. This 11th BPS Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees. The charter of demand for wage revision is Read more…
11th Bipartite Settlement is due from 1st November 2017. Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. This Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees 11th bipartite settlement for Read more…
The first meeting for negotiating to salaries of Banks employees under 11th Bipartite Settlement has already taken place on May 2. UFBU has submitted the summary of demands, however, detailed charter of demand is yet to be submitted. But now it has come to light that State Bank of India Read more…
Public Sector Bank Employees were on strike today, which was called by United Forum of Bank Unions (UFBU). C H Venkatachalam, General Secretary, All India Bank Employees’ Association said that around 85,000 branches of commercial banks, 105,000 branches of co-operative bank and others are on strike. What was the effect Read more…
The law related to gratuity is governed by Payment of Gratuity Act. And to increase the Gratuity Limit, Payment of Gratuity Act will be amended by Parliament. The Gratuity Act amendment is yet to take place. There is no Payment of Gratuity Act 2016 or Payment of Gratuity Act amendment Read more…
United Forum of Bank Unions (UFBU) has decided to go on one day all India Strike on 28th February 2017. Schedule of program to be followed is: 13.02.2017 Press Release at all State Capitals and major centres (Common Press Note of UFBU, to be released by all the constituent unions) Read more…