Categories: Bank NewsBank Staff

11th BPS/Joint Note (Talks held on 12th Oct)

 “No Progress in Talks! Stalemate continues”
“In today’s discussion with IBA, we (UFBU) reiterated
1. Their offer of 6% should be substantially improved
2. Performance Linked Pay should be delinked from wage revision and
3. Resolution of mandate issue –
IBA repeated their proposal that wage increase should be linked to paying capacity – we have rejected and informed that if IBA does not change their stand it will lead to confrontation and agitation – circular follows. UFBU.”
(UFBU source)
Surendra Naik

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Surendra Naik
6 years ago

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