Central Government Employees News,SEVENTH PAY COMMISSION,DEARNESS ALLOWANCE,7TH PAY COMMISSION,HBA, HRA,LTC, CCL, DoPT Orders

The two-day strike by the bank employees ended on Friday with the Indian Bank Association (IBA) reportedly agreeing to the demand of the agitating bank employees for 17.5% hike in their salaries.During a conciliatory meeting the union leaders had with the Indian Banks' Association in the presence of the Chief Labour Commissioner, it was decided that they would soon hold bilateral talks on wage hike.
Bank officials said they would ensure that customers get the best of the services. But since banks function for half-day only on Saturday, customers may have some problems when banks resume work. Officials said they had no intention to hit the customers but then it was the decision of the IBA to roll back the earlier agreed hike of 17.5% which forced them to go on a two-day strike. But, the issue has now been resolved, they added.

Reports from various parts of the country including Mumbai, Kolkata and Chennai said there was a scurry for cash withdrawals from ATMs that had started running dry since yesterday.