Today was the 2nd official meeting between , UFBU and IBA. After a long deliberation and discussion some positive point comes up. IBA has been agreed that the ensuing wage revision will commence from 1.11.2017. UFBU also discussed about DA merger point, 5 day banking, initial offer etc. IBA wanted time to respond. IBA has set up sub-committees to discuss non financial demands which will meet shortly. Another meeting will be held shortly to follow up issues of Record Note dt.25.5.2015. SK Bandlish Convener UFBU told that " details of the discussion will be notified through circular". It is worthy mention that GOVT. is very much pressuring on IBA for timely settlement of the WAGE REVISION. After 7th pay commssion of Central Govt, sallary difference between a officers of Bank and Central Govt employee increase to a bigway. So this bipartite settlement very much important as because if this salarry diffrence not reduce them bank will lose merit.
Some important discussion today is....
1. ON non Financial Issues 2 Sub Committees are formed
Committee For Workman will be chaired by Shree Rakesh Kumar from Canara Bank AND Committee for Officers will be chaired by an Executive from SBI. Unions have been asked to submit names for Sub Committees .
2. Financial Issues will be dealt with by Negotiating Team.
3. There was consensus on EFFECTIVE Date- 01.11.2017.
4. Issues of RETIREES , PENSION UPDATE , 5 DAY'S WEEK WERE DISCUSSED. IBA AGREED TO REFER THE ISSUES IMMEDIATELY TO GOVT. WHERE EVER SO NEEDED.
5. ON MANDATE ISSUE IBA emphasized to act on individual bank's Mandate and advised UFBU to pursue matter with bank particular. UFBU insisted on Common Settlement for ALL SCALES.
please share your though for improvement of the blog. Thank You. ---admin
Some important discussion today is....
1. ON non Financial Issues 2 Sub Committees are formed
Committee For Workman will be chaired by Shree Rakesh Kumar from Canara Bank AND Committee for Officers will be chaired by an Executive from SBI. Unions have been asked to submit names for Sub Committees .
2. Financial Issues will be dealt with by Negotiating Team.
3. There was consensus on EFFECTIVE Date- 01.11.2017.
4. Issues of RETIREES , PENSION UPDATE , 5 DAY'S WEEK WERE DISCUSSED. IBA AGREED TO REFER THE ISSUES IMMEDIATELY TO GOVT. WHERE EVER SO NEEDED.
5. ON MANDATE ISSUE IBA emphasized to act on individual bank's Mandate and advised UFBU to pursue matter with bank particular. UFBU insisted on Common Settlement for ALL SCALES.
please share your though for improvement of the blog. Thank You. ---admin
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