Financial Daily from THE HINDU group of publications
Saturday, May 14, 2005
News
Features
Stocks
Port Info
Archives
Google

Group Sites

 Money & Banking - Trade & Labour Unions


IBA, unions agree on pension issue

Our Bureau

MUMBAI: The Indian Banks' Association and bank unions on Friday came to an understanding on haring the pension burden under the wage pact, a union official said.

He said this has cleared the way for signing the final wage agreement, sometime in June. It was decided Rs 67 crore would be kept separately for pension from the wage bill of Rs 1,288 crore.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
RRBs allowed to do insurance biz on referral basis

Rupee tad weaker; bond prices up
Tata AIG Life reversionary bonus at 3.5 pc
Kotak Mahindra eyes Rs 10,000-cr biz
Bill to lift voting rights cap in banks introduced
Consumer forum awards Rs 20 lakh against Standard Chartered Bank
`Banks must recognise credit rating of SSIs by independent agencies'
StanChart projects 30-pc growth in credit card business
IBA, unions agree on pension issue

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line