1. Bank strike postponed after talks between bank management and unions

Bank strike postponed after talks between bank management and unions

India

  • Bank unions postponed the September 28–30 strike after discussions with the Indian Banks’ Association IBA.
  • The Indian Banks’ Association IBA and United Forum of Bank Unions UFBU will form a high level committee discuss declaring remaining Saturdays as holidays.
  • Both sides agreed to discuss changes to the Performance Linked Incentive PLI scheme for senior bank officers.
  • IBA and UFBU will continue discussions on pending employee demands.

Source: indiatvnews.com

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