Saturday, February 29, 2020

Negotiation took place today. 
As UFBU went on strike, 
IBA went back to their offer of 13.5%, 
withdrew offer of 5/7 days PL encashment, 
informed 5 day banking is not possible & 
loading is 2%.

After discussion it was agreed that 
*hike will be 15%, 

*IBA not against 5 day banking will take up with Govt,

*a small committee will be formed to work out on increasing load from 2% 

*& spl allowance merger will be open for discussion, 

*IBA will share data of pensioners with UFBU.

With this understanding the "Strike & Agitation Programme stands deferred."

Debasish, BEFI