After a long period of hectic discussions, the United Forum of Bank Unions(UFBU) and the Indian Bankers Associations (IBA) have signed the wage agreement, with 15% salary increase, which will be effective from 1st November 2012. It is a Five Year agreement as usual in the Banks. More than 10 lakh employees in the Bank will benefit out of the agreement. It is stated that including the superannuation benefits, the additional expenditure will come to about Rs. 8,370 crore per annum.
The lowest pay scale will increase from the present Rs. 5850 – 11,350 to Rs. 9,560 to Rs. 18,545 as reported in the press.
Second and fourth Saturdays will be holiday.
We congratulate the Bank workers and their united organisation UFBU for the new wage revision!
VAN Namboodiri's Blog 
Good evening sir,
Good job by them,but when compared to them we are less employees what about our wage nagation plz rise the issue sir.
I have already suggested to take up the issue of the wage revision of BSNL employees. I am sure it will be taken up in time. Kindly give your name and address when making comments.
ok sir ,iam shahensha
sir many of people dosn’t know about free calling on landline which bsnl has implemented………plz make advertise on it
The Forum of BSNL Unions/Associations have decided to organise a big campaign on the issue. Participate and contribute in the same.
ok sir , iam shahensha
sir in our department the salaries between senior and junior are bit same, plz make a difference in it sir, in other departements there are lot of difference in senior and junior salaries
I could not understand what exactly the problem is. If you explain in detail, I can reply. For example which cadre, which post etc.