:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

BANK UNIONS, IBA NEARING PACT ON WAGE HIKE

This is the heading of a news item appeared in Business Standard today. According to it, a Senior Finance Ministry Official has said on Wednesday that IBA and UFBU are close to reaching an agreement on wage hike for employees of state-owned banks.
The official has also said that bank employees are likely to get another option for pension and wage hike of 17.5% as per the understanding between unions and IBA. He has also given some statistics on cost of pension and it sharing along with the cost of wage hike.
However, Mr. CH. Venkatachalam, Convenor, UFBU has said "Some ground has been covered. It's difficult to say how close we are to reaching an agreement. There are still some hurdles".
We are providing herewith the link to enable our visitors to read the full story.
Link:
http://www.business-standard.com/india/news/bank-unions-iba-nearing-pactwage-hike/371787/

Posted by C.B.O.A., A.P.

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