As per update received from UFBU (unconfirmed), "Today (09/11/2023) there was daylong negotiations with IBA. IBA improved their offer to 16% but this could not be agreed by us we requested IBA to improve their offer.We also discussed about implementation of 5 day banking and improvement in pension for past retirees. We have signed the minutes on option to resignees to join pension scheme. Circular follows"
Friday, November 10, 2023
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