IBA to hold wage-revision talks with unions

The Indian Banks’ Association (IBA), which represents the managements of nationalised, private and foreign banks in the country, has invited the United Forum of Bank Unions for wage negotiations on January 17, ahead of the two-day all-India bank strike beginning on January 20. This follows the suggestion by the Central Chief Labour Commissioner, B.S. Bansariya, who held conciliation talks with the UFBU, a collective of nine bank trade unions, and the IBA.

Read the Hindu Business Line news report here.