Thursday, May 3, 2018

Bank Bipartite : Next meeting on 5th May 2018

Next 11th Bipartite Settlement Meeting between Bank Union and Indian Banks Association is scheduled to be held on 5th May. Modi Government may gift increase in salary to bank workers keeping in view the upcoming Loksabha Elections. Government has started its efforts to convince angry voters of service class by targeting bankers first. After rounds of meeting between IBA and Bank Unions, the matter of Increase in salary of around 10 lakh bank workers is still pending since November 2017.

Bank Unions have demanded for 25 percent increase in salary in earlier meetings held between bank unions and IBA. But Indian Bank Association has not given any hint on what they want to give.
During the previous 10th bipartite settlement , around 20 rounds of wage negotiations meeting with IBA were held before final settlement. 

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