Sunday, December 15, 2013

Bank wage talk fails, strike on 18th Dec to follow

It is learnt that a meeting with IBA regarding bipartite settlement failed on 14.12.13 in Mumbai. IBA made some initial offers (unconfirmed sources say that it was 5% increases on corpus) which was not felt satisfactory by the leaders. UFBU decided to go ahead with all India strike on 18.12.2013 as declared earlier.
Reconciliation meeting with labour commissioner is scheduled on 16th Dec. 
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