............So far about nine rounds of negotiations have taken place. While a senior IBA functionary dubbed the trade unions’ 25 per cent wage hike demand as ridiculous, the unions feel the bank managements are being plainly stubborn. The talks ended on an inconclusive note on Friday. The ninth five-year bipartite wage settlement, which ran from November 1, 2007, to October 31, 2012, resulted in bank employees getting a 17.5 per cent pay hike................
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