Registration No.: 6396
C/o Oriental Bank of Commerce, 1st floor, Plot No. 5, Sec.32, Institutional Area, Gurgaon.
9th Bipartite Settlement Wage Revision in PSU Banks
An informal meeting with IBA took place at Chairman’s office, Union Bank of India, HO, Mumbai on 13/06/2014 at the request of Four Officers’ Organisations.
IBA improved their offer from earlier 10% to 11% which UFBU rejected. On IBA's request to spell out our expectation, UFBU told 25% on pay slip components which IBA said not possible to consider. Further course of action will be decided by UFBU shortly.