Demands on 11th Bipartite – The Backdrop
11th BIPARTITE SETTLEMENT : CHARTER OF DEMANDS – THE BACKDROP
The 10th Bipartite Settlement signed on 25th May, 2015 between IBA and AIBEA-NCBE-BEFI-INBEF-NOBW is effective from 1st November, 2012 for a period of 5 years and ending on 31-10-2017. Hence the pay scales, other components of wages and service conditions need to be revised from 1st November, 2017. It is in this backdrop that we present this fresh Charter of Demands for consideration by the Indian Banks Association and for initiation of meaningful discussions, bilateral negotiations and expeditious conclusion to arrive at the 11th Bipartite Settlement.