Good News for Bankers , Wage Revision has been settled at 15 percent w.e.f 01st November 2012 and four day strike from 25th february to 28th February has been cancelled. Discussions were held between the Indian Banks Association representing Management of Banks and authorized representatives of workmen unions and officers associations on wage revision for officers in banks. The MOU was signed between Indian Banks Association representatives and workmen union and officer association representatives on 23rd February 2015. After holding several rounds of talks and discussions the parties mutually agreed as under :

bank wage revision settled strike cancelled
bank wage revision settled strike cancelled

The MOU was signed on 23rd February 2015.

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