Business Standard

Banks, Unions Spar, Wage Talks Stuck

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Our Banking Bureau BUSINESS STANDARD

The wage talks between state-owned banks and the unions of officers and clerks have hit a roadblock over the quantum of hike.

While the banks have proposed a 4 per cent hike, the unions are demanding a 25-30 per cent increase.

In absolute terms, the size of the wage hike proposed by the Indian Banks

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First Published: Apr 12 2003 | 12:00 AM IST

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