Even after several rounds of talks between
bank employee unions and the Indian Banks Association (IBA), there seems to be
no consensus on the quantum of salary hike for over 800,000 employees at
different public sector lenders.
While the IBA has indicated that the
maximum hike that can be offered to employees is about 11%, unions are
demanding a 25% raise.
With the stalemate still continuing,
sources said a proposal could also be considered to bring them under the
purview of the Seventh Pay Commission, which has already been constituted. A
large section of bank employees are, however, unwilling to do the same.
“There needs to be an end to the stalemate
and this is an option that has also come up,” an official source who refused to
be identified said.
IBA chairman, TM Bhasin, however, told HT
that there was no proposal to bring bank employees under the purview of the pay
commission. “IBA has no such consideration and no proposal has come to the
IBA,” he said.
“There have been some reports of bringing
the bank employees under the purview of the pay commission but we are
completely opposed to such a move,” said CH Venkatachalam, general secretary,
All India Bank Employees Association.
Hindusthan Times…..//copy//