Bank Strike has been deferred due to conciliation meeting

| January 20, 2014

HR & Industrial Relations

No.CIR/HR&IR/Q/2013-14/8684

January 17, 2014

Chief Executives of Member Banks

which are parties to the Bipartite Settlement

Dear Sirs,

Strike Notice by UFBU on 20th and 21st January 2014 – Deferred

Please refer to our Circular No.CIR/HR&IR/Q/2013-14/8576 dated 3rd January 2014 regarding the strike call given by the United Forum of Bank Employees (UFBU) on 20th and 21st January 2014.  In accordance with the submission in conciliation meeting held on 13.1.2014, we had convened meeting with the Unions/Associations on date. On being satisfied with the further improvement in offer in wage hike by IBA, the UFBU has decided to defer the strike schedule on 20th & 21st January 2014.

Member banks may kindly take note of the above and convey suitably to all their establishments.

Yours faithfully,

PRABIR MOULIK

SENIOR ADVISOR

Source: Iba.org

Category: Banking

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