Clarifications!

Clarifications;
Whether working hours increased because of Saturday holiday?
No. How?
Working hours are 6.5 hours for full day& 4 hours for Saturday.
In a month you save 4x2=8 hours for holiday.
U work extra 2.5x2=5 hours for fully work.
Ur working hours is reduced in year
=(8-5)x12=36 hours.
In a year if 5th Saturday comes 4 times u work extra=2.5x4=10 hours.
Even then ur working hours are reduced by=36-10=26 hours in a year.

Settlement finalised !Minutes signed !

We are happy to inform that
in today's talks,
wage revision settled at 15%(Rs. 4725 crores) w.e.f 1.11.2012.
2nd and 4th Saturday's will be holidays and other Saturday's will be full working days. Strike deferred.
Detailed circular follows.
Pradip Biswas, GS BEFI

Finance Minister's Appeal!

Finally our Honourable Union Finance Minister wakes up and opened his mouth on Bank Employees Issue.

Whether he is unaware of this issue when we strike work for 5 days during last 27 months?

Why he is appealing now not to go on strike?

It is timing of the strike.

It is number of days of strike call.Is he appealing or threatening?

Will UFBU ensure....?

Zoom and read;
Last time in 9th B.P.S an SWO got 18.11% increase on
Nov.2007 in gross salary.
i .e at starting date of the settlement .
Whether UFBU will ensure more than that in
10th B.P.S.?

Support from RBI unions!

All India Reserve Bank Employees Association (AIRBEA) and
All India Reserve Bank Workers Federation (AIRBWE)
jointly decided to express solidarity with a million of Bank Employees and Officers,
who are fighting heroically on just demands of a reasonable wage revision,
by observing ONE DAY STRIKE on the 25th February 2015.
(Their joint circular dt 10.02.2015)

UFBU CIRCULAR:45 dt.04.02.2015

Is there any assurance that this time Strike will not be cancelled?
Unless IBA offer is satisfactory/upto expctations of comrades
( not to the satisfaction of one constituent of UBFU)
**************************************
• IBA BACKTRACKS FROM ITS ASSURANCE – 
        OFFERS A PALTRY 0.5% INCREASE
• UFBU DECIDES TO REVIVE THE STRIKE PROGRAMMES
• CALLS FOR 4 DAYS’ STRIKE FROM 25th to 28th FEBRUARY 2015
• INDEFINITE STRIKE FROM 16th MARCH 2015

In our earlier Circular No.UFBU/2015/44 dated 19-1-2015, 
we had informed that in the background of the assurance 
given by IBA towards expeditious wage settlement and 
considering the positive developments since last conciliation meeting 
held on 5th January 2015, UFBU had put on hold its call 
for 4 days’ strike from 21st January 2015.  

In this background another round of negotiations between IBA and UFBU 
was held in Mumbai yesterday (i.e., 3rd February 2015).  
Subsequent to a general reporting of the discussions held in the meetings 
of the three  Sub-Committees on 
(i) Employees’ service conditions, 
(ii) Officers’ service conditions and 
(iii) revised medical reimbursement scheme,