Wednesday, 25 February 2015
DAILY UPDATES 24 FEB 2015
1. Salaries in PSU Banks increased by 15%
i. Employee unions of public sector banks withdrew their strike call following an agreement with the management on 15 per cent wage hike.
ii. The bank unions had threatened to go on 4-day nation-wide strike from February 25 demanding 19 per cent hike in wages. The wage hike was due from November 2012.
iii. The bank employees will now also get holidays on two Saturdays in a month. The banks, however, will work full-day on remaining Saturdays instead of the current practice of half-day.
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