As we are aware the present wage settlement of Bank workmen Staff /Officers will come to an end by 31st October2012 and revision of wages is due from 1st November, 2012.
The process of 10th Bipartite settlement has been commenced and few constituents of UFBU have already prepared Draft Charter of Demands for 10th BPS. BEFI has released the draft recently which has been already published.
As per the meeting of UFBU held on 6th July 2012,at Chennai,it is decided that after the constituent unions finalise their views on the charter of demands, common approach would be taken to work out common charter of demands for employees and officers respectively and to present the same jointly to the IBA by the end of August, 2012.
News Courtesy : Mr Mohan P