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.
* 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."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".
* already published.-B.G.Raithatha,General Secretary