11th BP Settlement- IBA Increase the Offer to 8% wage Revision
11th BP Settlement- IBA Increase the Offer to 8% wage Revision UNITED FORUM OF BANK UNIONS (AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO) C/o. State Bank of India, LHO, Plot No. 1, Sector-17A, Chandigarh- 160 017 CIRCULAR No. UFBU/2018/20 Date : 30.11.2018 TO ALL CONSTITUENT UNIONS/MEMBERS Dear Comrades, ● Talks with IBA on wage revision – Offer increased to 8% ● UFBU meeting – Call given for All India Strike on 26th Dec. 2018 against amalgamation of Bank of Baroda, Dena Bank and Vijaya Bank. After the last round of discussions held on 12-10-2018, there was another round of Bipartite Talks between IBA and UFBU today in Mumbai. IBA team was led by Shri Rajkiran Rai G., (MD & CEO of Union Bank of India) Chairman of the Negotiating Committee of IBA. UFBU was represented by leaders of all the nine constituent unions. IBA’s increased offer: Picking up the thread from the discussions of the last round of discussions wherein we had urged upon the IBA to impr...