PSU Bank Salary Incresed at 15% And 2 Saturday Off Every Month
Employee unions of public sector banks on Monday withdrew their strike call following an agreement with the management on 15% wage hike. "In today's talks, wage revision settled at 15% with effect from November 2012," United Forum of Bank Unions (UFBU) Convener M V Murali said.
At a meeting today in Mumbai, PSU banks employee unions and bank management, Indian Banks' Association (IBA), agreed on 15 % wage hike and entered into an agreement for it.
National Organisation of Bank Workers (NOBW) Vice President Ashwini Rana said: "We are not happy as our expectation was that bank staff would get what was given to them last time -- 17.5 % increase in wages".
The bank employees will now also get holidays on two Saturdays in a month. "Long pending demand of holiday on second and fourth Saturdays for the bank employees have also been reached," AIBEA General Secretary C H Venkatachalam said.
There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.
Employee unions of public sector banks on Monday withdrew their strike call following an agreement with the management on 15% wage hike. "In today's talks, wage revision settled at 15% with effect from November 2012," United Forum of Bank Unions (UFBU) Convener M V Murali said.
At a meeting today in Mumbai, PSU banks employee unions and bank management, Indian Banks' Association (IBA), agreed on 15 % wage hike and entered into an agreement for it.
National Organisation of Bank Workers (NOBW) Vice President Ashwini Rana said: "We are not happy as our expectation was that bank staff would get what was given to them last time -- 17.5 % increase in wages".
There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.
