Next round of wage negotiations on 11th October 2013

Almost 11 months have passed since the new wage settlement is due for nearly 10 lakh bank employees but still no headway is reached till date. The only item that UFBU and IBA has agreed till date is on Merger of DA. With the elections fast reaching this tortise walk will only delay the wage talks. Its high time that UFBU and its members take serious view and stern steps to clinch the settlement for its eager members. The next round of wage negotiation is fixed on 11th October 2013.

New CMD of Corporation Bank

Mr. S.R.Bansal assumed charges as CMD of Corporation Bank on 5th October 2013. Previously he was ED at Punjab National Bank