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UFBU is in Dark As to Why Negotiation Talks Scheduled for 13th February have been Deferred :   Thus, Complete BreakDown of Talks Between IBA and UFBU


Rajesh Goyal 

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The following communication has been sent by UFBU to IBA, after IBA informed them that the negotiating meeting to be held on 13th February, 2014, has been deferred  :

"The Chief Executive,
Indian Banks’ Association,
World Trade Centre Complex,
Centre 1, 6th Floor, Cuffe Parade,
Mumbai – 400005.

Dear Sir,
Deferment of the Meeting
On Charter of Demands Scheduled On 13.02.2014

This has reference to your Letter No. HR&IR/UFBU/XBPS-4/8844 dated the 10th February 2014 informing us about the postponement of the meeting originally scheduled on 13.02.2014 without stating about the next date of meeting. It is being reported in the media that the meeting might have been deferred as a consequence to the Two Days’ Strike, which we hope is not true.

We, therefore, request you to advise us the exact reasons for postponement of the meeting and the date of next meeting. As the UFBU is going to meet shortly, this aspect is bound to be an important part of deliberation for deciding the future course of action.

Please treat the matter as EXTREMELY URGENT.
Yours sincerely,



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Meanwhile U.F.B.U. has also informed its members that they will be  meeting on 19th February, 2014 at Mumbai to take stock of the situation and decide its further course of action.

The above is a clear indication that thee is a complete break down of talks between UFBU and IBA, and they IBA has not even bothered to inform UFBU the next date of meeting.   This is another snub to UFBU leadedrs.   Worst part is that to get the reasons for postponement, UFBU has to send a letter and is not able to ask IBA on telephone etc for their response.   Such a situation arises when both the parties do not have trust on each other and are not on talking terms. 

Let us wait as to what is the response of IBA and re-action of UFBU.


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