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Minutes of Meeting Updates 30 Nov 2018 – 11th Bipartite Salary Revision

IBA Meeting with UFBU Today – 11th Bipartite Wage Revision for Public Sector Bank Employees was held on 30-11-2018 with various Bank’s Unions. In this meeting IBA had discussed on the old charter of demands only and no new decision were made. AIBOC has boycotted the meeting siting the non acceptance of salary hike offered. In the meeting following agendas were discussed:

1. IBA has offered a salary hike of 8% from earlier 6%

2. IBA is insisting on bipartite settlement up to Scale III only

3. Acceptance of 5 Days Banking

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