Banks agree to extend workers’ wage by 17%; IBA recommends Saturday as public vacation
The negotiating committee of the Indian Banks’ Affiliation (IBA) and Financial institution Officers’ Associations and workmen workers unions signed an settlement for a 17 per cent enhance in wage revision, translating right into a collective outgo of ₹12,589 crore for 12 public sector banks (PSBs) that are occasion to the twelfth industry-wide bipartite wage settlement. … Read more