IBA says wage hike offer 'adequate', to meet bank union leaders on Jan 30

United Forum of Bank Unions, the umbrella organisation of nine leading bank associations, demanded 20% wage hike on pay slip components, as articulated by IBA in its letter, a copy of which is in ET's possession. The unions are also demanding five-day banking and merger of special allowance with basic pay, among others.

from Banking/Finance-Industry-Economic Times https://ift.tt/3142x18