Update on Bank Pay Hike : It has been reported that four officers organisations met IBA chairman and his team. Talks are reported to be fruitful. Next date of the meeting is yet to be declared. However, these are likely to be resumed next week.
The full text of the AIBOC statement : "An informal meeting with IBA took place at Chairman’s office, Union Bank of India, HO, Mumbai yesterday [11.03.2010] at the request of Four Officers’ Organizations.
The meeting was participated by Shri M.V.Nair, Chairman, IBA along with Shri Jagdish Pai, ED, Canara Bank, Shri K.R. Kamath, CMD, Punjab National Bank, Shri Dr. K.Ramakrishnan, Chief Executive, IBA, Mr K.Unnikrishnan, Dy.Chief Executive, IBA and Mr.M.Venugopalan, Officer on Special Duty IBA and also representatives of Four Officer’ Organizations.
In this meeting as earlier decided by Officers’ Organizations matters pertaining to UFBU related MOU on Pension etc., were not discussed.
We explained our subsisting demand and need for flexibility on the part of IBA. IBA Chairman was very positive and requested us to sit with IBA officials and sort out the matters, where after Small committee will meet.
Yesterday meeting was positive on some aspects.
Further developments will be informed."
