Next meeting of IBA with Bank Unions scheduled on 23 April, IBA issues Letter

The Indian Banks’ Association (IBA) has called a crucial meeting with major bank employee unions and officers’ associations to discuss key issues related to wages and working conditions. The meeting, scheduled for April 23, 2025, will be held at the IBA office in Mumbai.

What is the Meeting About?

The Negotiating Committee of the IBA, led by Shri Rajneesh Karnatak (MD & CEO of Bank of India), will hold discussions with representatives from eight major banking unions and associations. The talks will focus on unresolved issues from previous meetings, particularly those related to employee demands and industrial relations. Earlier, meeting were held but no conclusion could be arrived at. Now the discussions on unfulfilled demands will be done in this meeting.

Who Will Attend?

The following major banking unions and associations have been invited:

• All India Bank Employees’ Association (AIBEA)
• All India Bank Officers’ Confederation (AIBOC)
• National Confederation of Bank Employees (NCBE)
• Bank Employees Federation of India (BEFI)
• Indian National Bank Employees Federation (INBEF)
• Indian National Bank Officers Congress (INBOC)
• National Organisation of Bank Workers (NOBW)
• National Organisation of Bank Officers (NOBO)

Each organization is expected to send authorized representatives as per past practice.

Agenda of the Meeting

While the detailed agenda will be shared later, the main discussion points will include:

• Wage revisions for bank employees and officers.
• Working conditions and other demands raised in earlier meetings.
• Follow-up on unresolved issues from previous discussions.

Why is This Meeting Important?

Bank employees and officers have been pressing for better pay and improved service conditions. The IBA, which represents bank management, holds such negotiations periodically to address these concerns. The outcome of this meeting could influence future wage settlements and policies in the banking sector.

Venue and Timing

• Date: April 23, 2025 (Wednesday)
• Time: 3:30 PM onwards
• Location: Committee Room, IBA, World Trade Centre, Cuffe Parade, Mumbai

Next Steps

The IBA has requested the unions to confirm their participation and submit details of their representatives. A follow-up communication with the full agenda will be sent soon.

This meeting is being closely watched by lakhs of bank employees across India, as its decisions could impact their salaries and career growth.