Categories: Bank News

Bank Unions call 4 days strike from February 25, 2015

Due to failure of wage revision negotiation between United Forum of Bank Unions (UFBU)  and IBA under X Bipartite settlement.  IBA improved its earlier offer of  salary increase 12.50 % to 13% in the taday’s meeting (03.02.2015 which the unions called unsatisfactory offer. Under the Bipartite settlement wage revision of bank employees and officers once in 5 years. The present negotiations for wage settlement  is pending from 01.11.2012. As per the source close to the developments, UFBU revives the agitation programme and call given for 4 days strike programme from February 25, 2015 to February 28, 2015  followed by indefinite strike from  March, 2015.

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Rectification of Errors when Books are Closed, Adjusting and Closing Entries

Before closing the ledger accounts, if the error is found you can rectify it without…

3 hours ago

Trial Balance: Classification of Errors, Location of Errors, and Rectification of Errors

The errors in accounting take place due to wrong posting of transactions, wrong totaling or…

17 hours ago

Bank Holidays 2025: Karnataka State

“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…

2 days ago

What are Suspense Account and rectification in Trial Balance?

When the trial balance does not tally due to the one-sided errors in the books,…

3 days ago

Explained: Reasons for disagreement of a Trial Balance

Errors in Trial Balance are mistakes made during the accounting process that cannot always be…

3 days ago

Bank Holidays 2025: GOA

 “Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…

3 days ago