12th Bipartite Settlement latest update : Next meeting of Wage revision

 



MoU signed between constituent Unions/Associations of UFBU and IBA representing the management of banks on 7th December, 2023 in which it was agreed that endeavor will be made to finalize the Bipartite Settlement /Joint Note within a period of 180 days from the date of the signing of the minutes.



In this connection, it has been decided, in consultation with the Chairman, Negotiating Committee of IBA - Shri M V Rao, MD & CEO, Central Bank of India to convene a meeting of the constituent Unions/Associations of UFBU and IBA representing the management of banks to conclude the Bipartite Settlement /Joint Note followed by formalizing it by signing the same with the representatives of Constituent Workmen Unions/ Officers' Associations on Monday, 11th March 2024 at 3.00 p.m. onwards in Chennai. Details of the programme and venue shall be informed in due course.



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