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AIBOA On 18/03/2010 reported in their website www.aiboa.org, under the heading "LATEST ON WAGE REVISION TALKS-17.03.2010"  : "Following the informal talks with IBA Chairman and his team at Union Bank Head Office at Mumbai on 11.03.2010, matters were further discussed with IBA officials at their office on 17.03.2010. "

On 24-03-2010 AIBOA reported under the heading "ALL RUMOURS & NO TRUTH NO SETTLEMENT SO FAR"  "We have to clarify that the only meeting that took place for officers with IBA was one informal meeting with IBA Chairman on 15.02.2010 at Mumbai where after IBA office gave us a revised chart for scales and other items for discussions" "As such we call upon members not to be carried away by rumors.  No settlement has been signed and only after UFBU meets and disposes all pending issues and Officers’ Associations agree on the mainframe, agreement will be signed in day light for all to see."

Its really hurting to know that these Union people are misguiding the members with conflicting facts.  They are not doing anything for finalizing the settlement. The "LET IT FINALIZE" attitude of the unions is dangerous for their existence. Probably this will be the last industry level settlement. Hope that the BIG BROTHER attitude wil end soon.

When the Day Light will come for AIBOA and others? Is the SUN is not rising for them daily?  there is no consensus among the leaders of UNIONS itself. Then how the SETTLEMENT will finalize?

 ALL ARE THE RESULT OF LACK OF PROFESSIONALISM…. Give opportunity to youngsters to head the unions. We will show you how we will finalize the settlement.. Union leaders are you ready to accept the challenge?