On 29thSep UFBU demanded increase in offer but IBA proposed performance related addl bankwise increase based on Operating Profit

In meeting held on 29th September 2018 with IBA, UFBU demanded increase from their earlier offer of 6% but IBA proposed performance related additional bank-wise increase based on operating profit and ROA. UFBU did not agree and reiterated its demand. Further talks will continue in the next round. On merger issue UFBU to hold demonstrations on 9th October in all state capitals and towns. UFBU will meet on 14th October to decide further course of action. 

To Know about discussions held Click: http://aipnbsf.org/files/Cir.%2022_0.pdf
For Circular on demonstration programme Click: http://aipnbsf.org/files/Cir.%2023%20A.pdf