*29.09.2023 UFBU Meeting With IBA internal Update*
*1. IBA offered 12.5% pay hike initial offer*
*2. 5 day banking file passed from under DFS secretary, Deputy DFS secretary and now pending with DFS secretary*
*UFBU will write letter to DFS about 5 day banking pending with DFS very soon*
*5 day banking Will be implemented from 2 Dec or may be 16 Dec (1st 5 day banking sat. Off)*
3. After meeting IBA formed committee to discuss
i. DA formula
ii. Leave and LFC
iii. Disciplinary action procedure
4. 12BPS will be implemented at the end of Dec
*Next Meeting date 12.10.2023*
*Message received from a SBI.
Posted as received.
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