In today’s( October 18, 2019) talks between representatives of UFBU constituents and IBA, UFBU pressed for an immediate decision on the following issues. Demand for Early settlement, Demand for an increase in IBA’s offer, Demand for the merger of special allowance into basic pay, Demand for 5 days week, Demand for improvement in family pension,…
In a letter dated October 1, 2019, addressed to Shri.Sanjeev K Bandish convenor UFBU, S.K. Kakkar, Senior advisor of IBA invited the General Secretaries of constituents workmen Unions/Officers’ Associations for wage revision talks on Tuesday 15th October 2019 at 11.00 am in the committee room of IBA, World Trade Centre, Cuffe Parade, Mumbai-400 005. In…
Banks to pay one-month advance salary to employees and officers this month The IBA letter dated October 1, addressed to member banks of IBA including the private sector, public sector, and foreign banks asked them to pay one month’s salary as advance ahead of Deepavali. As regards to employees who have joined the services of…
The public sector bank, Punjab and Sind Bank, issued a circular (dated18.09.2019) informing retired officers and employees of the bank about expiry date of IBA group medical insurance policy for retirees and their spouse which is on 31.10.2019. PSB furnished the particulars of the premium payable for renewal insurance policies for the period 01.11.2019 to…
We reproduce here the full text of Bipartite Talks held on 17.09.2019 between IBA and UFBU. The IBA team was led by Shri Rajkiran G. (MD & CEO, Union Bank of India), Chairman of the Negotiating Committee. From UFBU representatives of four Officers and five employees organisations were present. Discussion and decision taken are as…
Today (Tuesday September 17, 2019) the representatives IBA had wage negotiation talks with constituents of United Form of Bank Unions (UFBU). IBA improved its earlier offer to 12 percent. However, Unions did not agree for the same. There werealso discussions on mandate PLI, retirees issue etc. The convenor of UFBU Mr.S.K.Bandish said that detailed UFBU…
All India Bank Officers’ Confederation (AIBOC), All India Bank Officers’ Association (AIBOA), Indian National Bank Officers’ Congress (INBOC), National Organisation of Bank Officers (NOBO) has jointly served the strike notice to IBA on September 12, 2019. The strike notice covers the following; The two days strike on 26th September and 27 September is to protest…
UFBU constituents workmen Unions/Officers’ Associationsise invited by IBA for the next bipartite negotiating committee meeting on Tuesday 17th September 2019 at 10.30 am. In a letter dated 13.09.2019 addressed to Shri.Sanjeev K Bandish convenor UFBU, S.K. Kakkar, Senior advisor of IBA invited the representatives of constituents workmen Unions/Officers’ Associations on Tuesday 17th September 2019 at…
[This post elucidates about Employees’ Obligation to Bank/ Third Parties, Abuse of Official Position, and Sexual Harassment], Banking ethics is a committed set of ethical standards and rules that should be followed in the activities of financial institutions and employees of the banking sector. Every employee of the Bank shall conform to and abide by…