We hope that Five Day Week for Bankers may become reality in near future.

On Residual Issues *MEETING WITH IBA*

Following Issues were discussed.

1) UPDATION OF PENSION : IBA will study the complete data such as no. of pensioners, present outgo and future burden etc. Thereafter further discussion will take place.

2) FIVE DAY WEEK : There was discussion on adjustment of working hours, cash hours, customer service hours. This discussion was carried forward from last Meeting on Residual Issues.

It was agreed to have uniform office hours from 9.50 am to 5.30 pm on all working days.

Cash hours will be from 10 am to 4 pm.

Customer Service will be rendered till 4.30 pm.

On the above lines recommendation for Five Day Week will be sent to DFS (Dept of Financial Services) of Govt of India by IBA.

3) Fitment of Ex Servicemen Employees : Ex Servicemen recruited between 1.11.2017 and 10.11.2020 are facing issue of recovery due to anomalies in fitment. IBA has agreed to ensure that Banks don't make any recovery.

4) Medical Insurance : IBA has asked for names of TPAs with cases pending. IBA may have Meeting with those TPAs. IBA is requested to have Meeting with top management of Insurance Company also.

5) Deputation Allowance : In the current settlement quantum of Deputation Allowance is not specified. IBA asked Unions to not to pursue this issue as the settlement is already signed. This issue will be taken care during finalisation of forthcoming Bipartite.

Overall tone of the Meeting was positive.

We hope that Five Day Week for Bankers may become reality in near future.