Banking News

News on wage revision


Confirmed news on wage revision

 

In today’s talks between IBA and UFBU, wage revision is settled at 15%(Rs. 4725 crores) w.e.f 1.11.2012. 2nd and 4th Saturday’s will be holidays and other Saturday’s will be full working days. Strike deferred.  Detailed circular from UFBU follows.

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