Our greetings to INBEF!!
1. IBA has cancelled the meeting with UFBU scheduled on 13.02.2014
2. Our Finance Minister, for the first time after nagotiations started come with his views.
It is reported that “As public sector bank employees started a two-day strike today seeking higher wages, Finance Minister P. Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations.“I will appeal to employees and officers of banks to recognise that banks profits, banks earnings have other claims. While claims of officers, staff and employees must be duly acknowledged, and a fair and just (wage) settlement is arrived at, there are other claimants to banks’ profit,” he said.
(Indirectly giving message to the general public, that Bank employee’s demands are not reasonable and they are very greedy.Who are other claimants? NPAsand write offs?)
I dedicate this news to comrades,