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On the eve of the All India Strike call given by the United Forum of Banks Unions (UFBU), the Indian Banks Association (IBA) will meet the union representatives and start discussions. The call is given for strike on 20th January 2014.
The decision to have the discussions prior to the strike was agreed by both the parties in the meeting called by the CLC yesterday, 13th January. The main issue is about the % of fitment in the Five year Wage Agreement to be effective from 01-01-2012.