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Thursday, Feb 12, 2009
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 Money & Banking - Trade & Labour Unions
Bank wage talks inconclusive

Mumbai: The talks between the negotiating committee of the Indian Banks’ Association’s and the United Forum of Bank Unions on Wednesday remained inconclusive. The IBA offered Rs 3,600 crore, amounting to average hike of 13.09 per cent , towards the total wage revision for both employees and officers as against Rs 2,750 crore (13.30 per cent ) in the last settlement. - Our Bureau

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