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Sunday, 19 October 2014

Representatives of Bank employees meet FM on wage revision issue

Wage issue: Javadekar leads bank employees’ delegation to meet FM

Unions had gone on a two-day nation-wide strike in February to press for their demands

Representatives of bank employees headed by Union minister Prakash Javadekar on Saturday met Finance Minister Arun Jaitley for early settlement of wage revision negotiations.

Javadekar said the finance minister assured the delegation he would look into the matter and the settlement process would be expedited. The meeting came days after the umbrella body of the lenders Indian Banks’ Association (IBA) rejected the union’s call for steeper wage hike.

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