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Daily Archives: May 25, 2015

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Highlights of banks wage revision signed between IBA & UFBU on 25.05.2015

Bank NewsBy Surendra NaikMay 25, 2015

The representatives of the unions and IBA inked the BPS/Joint Note, thus ended the long drawn process of wage negotiation in the industry. The highlights of the 10th BPS/Joint Note signed are : Shifting the system of arriving at the wage load on Pay slip components instead of the earlier exercise of total overall load…

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