Mar 9, 2024
12th Bipartite Settlement / 9th Joint Note signed
this joint note represents a positive development for bank employees, ensuring better wages and improved benefits. It's a step toward recognizing their valuable contributions to the banking sector in India.
United Forum of Bank Unions (UFBU) and Indian Banks Association(IBA) signed the 12th Bipartite Settlement on 8th March 24 at Mumbai. The 9th Joint Note for the Officers Associations was also signed simultaneously. UFBU submitted Charter of Demands on 4 November 2022. A Memorandum of Understanding (MOU) was signed on 7 December 2023. 5-day working week for the bank employees and officers found…
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