JAIIB & CAIIBText Books by IIBF

JAIIB Books by IIBF


JAIIB Books set by IIBF
CAIIB Books by IIBF


CAIIB Books set by IIBF

Talks Between IBA and UFBU. Bipartite Settlement News

Leave a Comment

====================
SATURDAY, 5 th May, 2018
======================  *XI  th BIPARTITE STTLEMENT TALKS*

Today at IBA office at Churchgate talks regarding XI th Bipartite Settlement were held between IBA Negotiation Team and BKSM.

On behalf of IBA following Officials were present :
1. Mr. R. K.Thakkar, IBA Chairman & Chairman UCO Bank.
2. Mr. Jayakumar, Chairman BOB
3. Mr. Rajkiran Rai, Chairman Union Bank
4. Mr. Kannan, CEO of IBA.
       and other executives.

Details of discussion :
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
1. About *'Medical Insurance* Scheme', various options were discussed at length. Discussion remained inconclusive. It was decided to have separate meeting on this issue.
2. Discussion on  Variable Pay remained inconclusive. We opposed the notion of *Variable Pay.*
3. IBA made it clear that talks will be held for upto Officer Scale III. Because of fractured mandate received from Banks.
4. Initial Offer for *Salary Revision* :
IBA said,"Due to deteriorating financial condition of Banks revealed by recent quarterly results and also  disappointing results are expected for forthcoming quarters." IBA made initial offer of *2 % hike in Pay Slip.*
We protested and refused the paltry offer. IBA asked about our expectations. We told them to go by 'Charter of Demands' , which states our expectations. We asked IBA to stop wasting time by making such offer which is mockery.

There was no  conclusion on any issue.

Let us hope for better during next round.

Read More...

-

-