Bank Union''s circular on proposed strikes

The Text of Bank unions (UFBU) Circular No. UFBU/2015/45, dated 04.02.2015, issued by Com. M.V. Murali, Convenor, United Forum of Bank Unions,  on strike from 25th  Feb and Indefinite strike from 16th  March '15 is furnished here under for information
TO ALL MEMBERS:
• IBA BACKTRACKS FROM ITS ASSURANCE – OFFERS A PALTRY 0.5% INCREASE •
UFBU DECIDES TO REVIVE THE STRIKE PROGRAMMES • CALLS FOR 4 DAYS’ STRIKE FROM 25th to 28th FEBRUARY 2015 •
 INDEFINITE STRIKE FROM 16th MARCH 2015

Xth BPS : UFBU not satisfied with IBA's offer, to go on strike

Bank Strike Called Again
As scheduled the 10th BPS wage Negotiation Talk between Bank Unions (UFBU) and Indian banks Association held to day at Mumbai.

               In the talks today(3rd Feb)   IBA offered only 0.5% improvement(to take the wage hike to 13% from earlier offer of 12.5%) which is not satisfactory as per unions.

             Bank Unions (UFBU ) decides to revive the Strike programme.

 4 days Strike from 25th Feb and  indefinite strike from 16th March.

 Details are awaited

Update by Mr Mohan P

Bank D.A. from February to April'15 : Circular issued

IBA issued circular enhancing the D.A for workmen from February to April 2015 and D.R for pensioners  from Feb to July'15
Click here for the circular of D.A. for employees
Click here for the circular of D.R. for pensioners.
Click here for the circular of D.R. for pre 01.01.1986 retirees

Bank Bipartite meeting tomorrow (03/02/15) : Possibility of significant hike stands remote

On the eve of next bipartite negotiation between UFBU and IBA, scheduled the 3rd February'15 at Mumbai, possibility of significant rise in salary is looking a distant probability. As per sources, the deal is likely to be concluded soon, within just one or two more meeting and the rise will be only around 13% of pay slip components. The bipartite negotiation is likely to be signed within a month.

"One Rank One pension" for army likely to be finalized soon

As retried veterans of the armed forces converge on the national capital to protest non-implementation of the “one rank-one pension” (OROP) scheme on Sunday, Defence Minister Manohar Parrikar today said the modalities will be finalised by next week and the file will be sent to the Finance Ministry for further action.

Parrikar, while speaking to mediapersons on the sidelines of a defence function, said: “Discussions are on to fix the modalities (for the OROP)... By next week, the view of the Defence Ministry will be formed.”