Friday, January 9, 2015

Bank bipartite likely to be concluded within February 2015 : Union

Proposed four days' strike also withdrawn
"....During the negotiations on 07th, UFBU once again insisted on IBA for further improving its offer, to which IBA expressed that they want some more time for discussion amongst themselves. To our demand that negotiations be held at regular intervals for arriving at a settlement without further delay, IBA responded positively and indicated its intention to conclude the process by the end of February 2015.
It was decided that Sub-Committees would be formed for expeditious resolution on some of the contentious issues, like reimbursement of 100% of Hospitalisation Expenses, regulated working-hours for officers, 5-day week, etc., raised by UFBU. IBA also agreed to discuss the Pension related issues/demands of UFBU.....".........BEFI Circular.
Click here for BEFI Circular
Proposed four days' strike also withdrawn
It is learnt that Bank employee unions have withdrawn the four-day strike call planned later this month following temporary truce with the Indian Banks Association (IBA). The unions, under the United Forum of Bank Unions (UFBU), which had earlier called off the one-day nationwide strike on Wednesday, said they have decided to hold back the four-day strike originally planned from 21 January, as well.
“Since we are negotiating with IBA, we wouldn’t be going ahead with the strike plan. During our talks, IBA’s approach has been positive and discussions will continue,” said a union office bearer.


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