Amid calls for 5-day week in banks, Indian Banks Association invites bank unions for wage revision settlement

The Indian Banks Association (IBA) has invited bank unions to sign the wage revision settlement at Chennai on 11th March, 2024. The United Forum of Bank Unions has requested the implementation of a five-day working week in banks. In December, a MoU was signed between the bank employee unions and IBA, agreeing to a 17% increase in wages.

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