IBA Postponed 13th Feb 2014 10th BPS Bankers Wage Revision NegotiatingCommittee meeting scheduled Earlier

Emboldened by FM's statement, "Chidambaram to bank staff: All profit can’t be used to pay higher wages", now IBA decides to postpone Negotiating Committee meeting scheduled for 13th February 2014. Further Reports indicate that UFBU has been badly snubbed even after 2 days successful strike as CMD of IOB left for Sri Lanka without caring for negotiating committee meeting. IBA seems to have Zero commitment level towards Bank Employees.