* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Monday, February 23, 2015

UNION BANK RETIRED EMPLOYEES' ASSOCIATION
Date : 23rd February,'15

To All the regular recipients of our Association's e-mails


Understanding arrived at to-day between UFBU and IBA

    An SMS received from Shri C.H.Venkatachalam, General Secretary, All India Bank Employees' Association reads as under.

"In to-day's talks, wage revision settled at 15% (Rs.4,725 crores) w.e.f. 1.11.2012. 2nd & 4th Saturdays will be holidays and other Saturdays will be full working days. Strike deferred. Detailed circular follows".
      
*  A soft copy of the understanding signed between the parties (received from Shri S.C.Jain, General Secretary, All India Bank Retirees' Federation) is attached to this e-mail.   
-B.G.Raithatha,General Secretary
* already published.