25th May, 2015
Congratulations
Happy news
AIBEA signs
10th Bipartite Settlement
We are happy to inform all our units and
members that the much awaited 10th Bipartite Settlement has been
signed by AIBEA this morning in Mumbai. Nearly
5 lac workmen employees will be covered by this Settlement. Because of this Settlement, there would be an
increase of Rs.2270 Crores per year in the wages of the bank employees which
would be effective from 1st November, 2012.
The settlement would cover employees of
Public Sector Banks, Private Sector Banks and Foreign Banks. We congratulate all our members on this happy
occasion. You may visit our website: www.bankunionaibea.in
for details.
With greetings,
Yours Comradely,
C.H. VENKATACHALAM
GENERAL SECRETARY