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11th BP Settlement Wage Revision Talks Meeting hled on Dt. 12.10.2018 WAGE REVISION TALKS WITH IBA HELD ON 12TH OCTOBER, 2018  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  Phone (Office) : 0172-4567142, 4567042, 2702518 Fax – 0172-2721716  Mobile – 09417032548 e-Mail – ufbu.chd@gmail.com  K K NAIR   Chairman   SANJEEV K. BANDLISH  Convenor  CIRCULAR No. UFBU/2018/18   Date : 12-10-2018  TO ALL CONSTITUENT UNIONS/MEMBERS   Dear Comrades,   WAGE REVISION TALKS WITH IBA  Another round of Bipartite Talks took place between IBA and UFBU today at Mumbai on our demands for wage revision. IBA team was led by Shri R.K. Takkar, MD/CEO of UCO Bank and Chairman of the Negotiating Committee. UFBU was represented by our 9 constituent Unions.  Continuing the discussions held in the l...

11th BP Settlement Meeting with IBA held on 29th September, 2018 BANK EMPLOYEES FEDERATION OF INDIA NARESH PAUL CENTRE  53 Radha Bazar Lane, (1st Floor), Kolkata – 700 001  Circular No.32/2018   1st October, 2018  To all Units, Office Bearers, CC & GC Members   Dear Comrades,   Talks with IBA  Another round of talks on our charter of demands was held between UFBU and IBA on 29th September 2018 in Mumbai. On our behalf, President Com. C. J. Nandakumar attended.  IBA reiterated its earlier officer of 6% hike to be common for all banks and suggested that additional wage increase can be worked out through a scheme based on operating profits and return on assets of individual banks with an added element of performance linked compensation over and above the uniform pay structure.  The proposal of IBA for linking wages to operating profits, return on assets and performance of employees/officers was rejected by UFBU and it d...

11th BP Settlement- Discussion with IBA on 18-08-2018- Joint Circular ALL INDIA BANK EMPLOYEES ASSOCIATION (AIBEA) NATIONAL CONFEDERATION OF BANK EMPLOYEES (NCBE) BANK EMPLOYEES FEDERATION OF INDIA (BEFI) INDIAN NATIONAL BANK EMPLOYEES CONGRESS (INBEF) NATIONAL ORGANISATION OF BANK WORKERS (NOBW) To ALL UNITS & MEMBERS: 19-8-2018 Dear Comrades, Bipartite Talks with IBA As informed earlier, another round of Bipartite Talks (8th round of Small Committee discussions) was held by Indian Banks’ Association with our 5 Workman Unions yesterday at Mumbai. IBA team consisted of: Shri Rajkiran Rai G (MD/CEO, Union Bank of India)–Chairman of the Committee Shri B. Rajkumar, Dy. Chief Executive, IBA, Shri M.K. Gupta, GM-HR, Bank of India, Shri Punit Jain, GM-HR, PNB, Shri T.S. Seshadri, GM-HR, Indian Bank, Shri S.K. Suri, GM-HR, Allahabad Bank Shri Sanjay Prakash, DGM-HR, SBI. Shri S.K Kakkar, Sr. Advisor-HR&IR, IBA Shri K S Chauhan, Sr.Vice President...