Monday, February 23, 2015

BANKS UNIONS WAGE TALK : IBA MAY AGREE FOR 15% HIKE

IBA is expected to strike a deal with the bank unions in today's all important wage negotiation meeting. 

PSU banks participation is crucial for implementation of various Central government schemes including the latest Jan Dhan Yojana.

Finance Minister Arun Jaitley  has also appealed to bank employee unions to call off their proposed four-day nationwide strike from February 25 as talks are on for a revision of wages of employees.

IBA is expected to strike a deal with the unions and may agree for 15% wage hike, as demanded by the unions. 


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