🚨 UFBU Update | Major Developments for Bank Employees
The latest UFBU circular brings important updates on 5-Day Banking, Performance Linked Incentive (PLI), the 13th Bipartite Settlement, and Pension issues.
Key Highlights:
✅ 5-Day Banking demand continues and has not been withdrawn.
✅ PLI agitation has been kept on hold, but the legal battle is still underway.
✅ UFBU has warned of immediate strike action if the Government implements the unilateral PLI scheme for Scale IV & above officers.
✅ DFS has advised early negotiations for the 13th Bipartite Settlement (BPS).
✅ Pension updation and other retirees’ issues remain on UFBU’s agenda.
This is a strategic pause—not the end of the movement. Bank employees can expect further developments after discussions with the new DFS Secretary and the upcoming High Court hearing.
What are your views? Do you think 5-Day Banking will become a reality soon? Share your opinion in the comments.
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