what about the outcome of the meeting between IBA AND F.M.SECRETARY

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RAMAKRISHNAN R P

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Sep 10, 2014, 1:25:00 AM9/10/14
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  • What was the outcome of the meeting held on 8th sep'14 between IBA and the finance ministry! Any news on 100% DA neutralization ? Pl.inform us ....bankpensioner blogspot.com 


Mohandas Rao

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Sep 10, 2014, 11:33:18 PM9/10/14
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Expected development did not take place. Please click the link for the details: http://bankinga2z.com/updates-iba-meeting-g-s-sandhu-10th-bipartite/






On 10 September 2014 10:55, RAMAKRISHNAN R P <ramakri...@gmail.com> wrote:

  • What was the outcome of the meeting held on 8th sep'14 between IBA and the finance ministry! Any news on 100% DA neutralization ? Pl.inform us ....bankpensioner blogspot.com 


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JSOMA SHEKARA

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Sep 10, 2014, 11:35:56 PM9/10/14
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Updates on IBA meeting with G S Sandhu – 10th Bipartite

by Admin · September 8, 2014

A meeting concluded between Indian Bank Association (IBA) which represents management of Indian Banks and Mr. G S Sandhu, Secretary ( Financial Services) in light of Prime Minister instructions to fast conclude the 10th Bipartite settlement today at New Delhi. The discussion point was, to decide approach IBA should adopt before United Forum of Bank Unions (UFBU) during its forthcoming meeting on 17th of this month at Mumbai.

The continued insistence of Prime Minister Shri. Narendra Modi to bestow a sincere deal to the bankers for much delayed 10th Bipartite settlement, this meeting may prove to be a helpful episode. It is being reported that IBA has been asked to be more flexible in its approach and be accommodative while dealing with employees unions.

Nothing more has come out of this meeting and the approach of IBA while dealing with UFBU on 17th of this month will divulge the real conviction of government.

During the earlier negotiations, Indian Bank Association ( IBA) approved its earlier offer of 10% hike in cash component of salary to 11% (a shameful proposition) , which was finally rejected by the banks associations. Representatives of the United Forum of Bank Unions(UFBU)  put their demand of 25% hike on pay scale components, which too was declined by the  IBA. The bone of contention lies in the approach these two organizations are adopting to tackle the issue of pure and absolute hike in salary.

After failure of UFBU to get a honorable deal during last two wage revision settlement is mainly responsible for the wide gap created between the salaries of poor bankers and their counterparts in other governments and PSU’s employees.


On Tue, Sep 9, 2014 at 10:25 PM, RAMAKRISHNAN R P <ramakri...@gmail.com> wrote:

  • What was the outcome of the meeting held on 8th sep'14 between IBA and the finance ministry! Any news on 100% DA neutralization ? Pl.inform us ....bankpensioner blogspot.com 


rajkumarnegi

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Sep 11, 2014, 11:43:59 PM9/11/14
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Respected sir,
If this time the IBA and the finance secretary does not agree with
the 10th bipartite settlement at Par with other Govt departments and
the Pension at Par With Govt and. up dation of pension with 100% D.A.
, we should bring this in to knowledge of the Prime-minister Mr
Narendra modi , and if no action from his side up to December 2014, we
should adopt a slogan Do, or Die, and should not obey any instruction
from the Govt , under any pressure and should disobey the govt orders.
We the pensioners have already waited since 1998 and could not waite
up to our death .A clear message should be with the govt.

Rajkumarnegi

On 9/10/14, JSOMA SHEKARA <jsomase...@gmail.com> wrote:
> Updates on IBA meeting with G S Sandhu - 10th Bipartite
>
> by Admin <http://bankinga2z.com/author/rajesh1010/> · September 8, 2014
>
> A meeting concluded between Indian Bank <http://www.indianbank.in/>
> Association (IBA) which represents management of Indian Banks
> <http://en.wikipedia.org/wiki/Banking_in_India> and Mr. G S Sandhu
> <http://en.wikipedia.org/wiki/Sandhu>, Secretary ( Financial Services
> <http://www.wikinvest.com/industry/Financial_Services>) in light of Prime
> Minister instructions to fast conclude the 10th Bipartite settlement
> <http://en.wikipedia.org/wiki/Human_settlement> today at New Delhi
> <http://maps.google.com/maps?ll=28.6138888889,77.2088888889&spn=0.1,0.1&q=28.6138888889,77.2088888889%20%28New%20Delhi%29&t=h>.
> The discussion point was, to decide approach IBA should adopt before United
> Forum of Bank Unions (UFBU) during its forthcoming meeting on 17th of this
> month at Mumbai
> <http://maps.google.com/maps?ll=18.975,72.8258333333&spn=0.1,0.1&q=18.975,72.8258333333%20%28Mumbai%29&t=h>
> .
>
> The continued insistence of Prime Minister Shri. Narendra Modi
> <http://www.narendramodi.in/> to bestow a sincere deal to the bankers for
> much delayed 10th Bipartite settlement, this meeting may prove to be a
> helpful episode. It is being reported that IBA has been asked to be more
> flexible in its approach and be accommodative while dealing with employees
> unions.
>
> Nothing more has come out of this meeting and the approach of IBA while
> dealing with UFBU on 17th of this month will divulge the real conviction of
> government.
>
> During the earlier negotiations, *Indian Bank Association
> <http://www.iba.org.in/>* ( IBA) approved its earlier offer of *10% hike in
> cash component of salary to 11%* (a shameful proposition) , which was
> finally rejected by the banks associations. Representatives of the United
> Forum of Bank Unions <http://www.aiboa.org/ufbu.htm>(UFBU) put their
> demand of *25% hike on pay scale components,* which too was declined by the
> IBA <http://www.iba.org.in/>. The bone of contention lies in the approach
> these two organizations are adopting to tackle the issue of pure and
> absolute hike in salary.
>
> After failure of UFBU to get a honorable deal during last two wage revision
> settlement is mainly responsible for the wide gap created between the
> salaries <http://en.wikipedia.org/wiki/Salary> of poor bankers and their
> counterparts in other governments and PSU's employees.
>
> On Tue, Sep 9, 2014 at 10:25 PM, RAMAKRISHNAN R P
> <ramakri...@gmail.com
>> wrote:
>
>>
>> -
>>
>> <https://lh3.googleusercontent.com/-kzk3E1grIyY/VA_d2VpiHKI/AAAAAAAACrI/P6-aynoJS7I/s1600/P0003439.JPG>What
>> was the outcome of the meeting held on 8th sep'14 between IBA and the
>> finance ministry! Any news on 100% DA neutralization ? Pl.inform us
>> ....bankpensioner
>> blogspot.com
>>
>>
>> <https://lh3.googleusercontent.com/-kzk3E1grIyY/VA_d2VpiHKI/AAAAAAAACrI/P6-aynoJS7I/s1600/P0003439.JPG>
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