Wage revision talks held between UFBU and IBA
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,…
Read articleWage revision talks between IBA and UFBU scheduled for 15th October.
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…
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Festival Bonanza for bank staff: Banks to pay one-month advance salary against the payment of arrears
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…
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Medical insurance premium payable by Retired bank officers/employees for the period 01.11.2019 to 31.10.2020
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…
Details of wage revision discussion held on 17-09-2019 between IBA and UFBU
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…
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