Recent meeting held at Mumbai, on 31st January 2013, UFBU(Bank officers/Workmen Unions) has decided to address a letter to IBA to commence the Wage revision negotiations immediately.
"The meeting took note that most of the Banks have given their mandate to the IBA for negotiating with the unions on the charter of demands for revision of wages and service conditions. The meeting further took note that the IBA is collecting the data from all the banks relating to numbers of employees, stage wise details, which would be the basis for making calculations on load, Item wise cost etc. In the meantime, it was expected that the IBA would commence the formal negotiations with the unions but IBA has not fixed up the date for the same."
The meeting also gave call to join in Nationwide General Strike on 20th and 21st Feb 2013,as per call of all Central Trade Unions
(Ref -AIBOC cir. 5 dt 2.2.2013.)
Contributed by Mr Mohan P.