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Friday, 12 October 2018

Bank Negotiations

Flash......Talks with UFBU for wage revision.... 

In today's discussion with IBA we reiterated 1. Their offer of 6% should be substantially improved 2. Performance Linked Pay should be delinked from wage revision and 3. Resolution of mandate issue - IBA repeated their proposal that wage increase should be linked to paying capacity - we have rejected and informed that if IBA does not change their stand it will lead to confrontation and agitation - circular follows. SK Bandlish ,Convenor UFBU. 
forwarded by 
Parveen Chhabra 
GS Delhi

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