1st formal meeting with IBA on 2 ND May,2017
IBA invited United Forum of Bank Unions for introductory round of talks for XIth Bipartite Settlement on Tuesday, the 2nd May, 2017. IBA is known to have formed its six members Negotiating committee headed by Sh. R. K. Thakker, Chairman U.Co. Bank with Sh. Rakesh Sharma-M.D. Canara Bank, Sh. Jai Kumar-M.D. Bank of Baroda, Sh. Usha Ananthakrishanan-M.D. PNB, Sh. Prashant Kumar-DMD of SBI and Sh. Shyam Srinivasan M.D. of Federal Bank as other members. Meanwhile, mandate for negotiations has already been received from Public Sector Banks except from all P Bank of Baroda and State Bank of India. State Bank of India Board is meeting in the last week of this month and issue will be discussed there. It is also pertinent to mention that 3-4 Banks have given tapered mandate to negotiated upto scale III/IV.
UFBU , Under the LEADERSHIP of Com. Sanjeev Bandlish, Convenor will be REPRESENTED by 9 constituents.
Let us hope for better Settlement this time.
IBA invited United Forum of Bank Unions for introductory round of talks for XIth Bipartite Settlement on Tuesday, the 2nd May, 2017. IBA is known to have formed its six members Negotiating committee headed by Sh. R. K. Thakker, Chairman U.Co. Bank with Sh. Rakesh Sharma-M.D. Canara Bank, Sh. Jai Kumar-M.D. Bank of Baroda, Sh. Usha Ananthakrishanan-M.D. PNB, Sh. Prashant Kumar-DMD of SBI and Sh. Shyam Srinivasan M.D. of Federal Bank as other members. Meanwhile, mandate for negotiations has already been received from Public Sector Banks except from all P Bank of Baroda and State Bank of India. State Bank of India Board is meeting in the last week of this month and issue will be discussed there. It is also pertinent to mention that 3-4 Banks have given tapered mandate to negotiated upto scale III/IV.
UFBU , Under the LEADERSHIP of Com. Sanjeev Bandlish, Convenor will be REPRESENTED by 9 constituents.
Let us hope for better Settlement this time.
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