17% wage hike for Bank employees: Wage Revision MOU signed between IBA and UFBU on Thursday
The India Banks Association (IBA) and United Forum of Bank Unions (UFBU) an umbrella body of 9 Bank unions AIBEA, NCBE, NOBW, BEFI, INBEF (workmen unions) along with, AIBOC, INBOC, AIBOC, and NOBO (Officers Associations) have agreed to a 17% wage hike based on pay slip basis for all the public sector banks including SBI…