Bank Unions action plan for early settlement of Wage Revision;
The wage revision of above 10 lakhs bank employees is due from 1st November 2014. The IBA which represents the Bank Management and Government is very adament to the proposal of wage hike of 25% put by the bankers. IBA is not moving a inch and glued to its 11% hike in wages which the bank unions have opposed. There were strikes by unions on various dates to preasurise the government which have yielded no results till date.
The bank unions have put forth the following plans during January 2015 to March 2015 for the wage revision of the employees;
1) One day strike on 7th January 2014.
If above do not yield any result, then
2) Four day strike from 21st January 2014 to 24th January 2014.
If above also do not yield any result, then
3) Indefinite strike from 16th March 2015
We wish best of luck and early wage settlement for bank employees.
Dec 23, 2014
Pre-2005 Currency notes
Now, RBI has informed that Pre-2005 currency notes can be deposited at bank branches till 30th June 2015. Earlier RBI has set 31st December 2014 as the deadline to do so. Now, with extended time you can deposit Pre-2005 with banks at ease and you will get hundred percent value. But don't keep on waiting for RBI to extend the deadline once again. Due it early.
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