UFBU Meeting at Mumbai on 15th April, 2015 & Meeting with IBA on 16th April, 2015

ALL INDIA BANK OFFICERS’ CONFEDERATION

Circular No. 2015/20                                                                           Date: 18/04/2015

TO ALL AFFILIATES / STATE UNITS / MEMBERS                            

 Dear Comrades,

UFBU Meeting at Mumbai on 15^th April, 2015 & Meeting with IBA on 16^th April, 2015

Our members are aware that MOU was signed on 23^rd February, 2015, for the X^thBipartite Settlement in which an annual wage increase of 15% on pay slip components was offered by the IBA, which works out to Rs. 4725 crore along with the second and fourth Saturdays off in Banking Industry. The second meeting of the Sub Group on demands of Officers was held on 16.03.2015 with IBA. IBA called UFBU for another round of talks on 16.04.2015 and also the Sub Group of Officers for the next round of talks on the same day.