UFBU CIRCULAR NO. 7
dated 22-4-2013:
A
round of discussion was held today in Mumbai between IBA and UFBU on our
charter of demands for revision of wages and service conditions. The IBA was
represented by the negotiating team headed by Mr. T M Bhasin (CMD Indian Bank
and Senior Vice President, IBA). UFBU
was represented by the constituent unions.
NOBW could not be present due to their pre-fixed agitational programme
in Delhi.
During
this meeting, IBA provided the detailed data relating to establishment expenses
of the banks as on March 31st 2012, which will be taken as the basis
for calculations in the ensuing wage revision exercise. According to the data,
the total establishment expenditure/wage bill of the public sector banks as on
31-03-2012 comes to Rs.56,292 crores for workmen and officers put together.
The
IBA also submitted the following Management issues for discussions by UFBU.
Officers:
- Introduction of Cost to Company.
