Madam,
Subject: Urgent intervention sought against DFS communication to Banks overriding the ongoing conciliation process by directing implementation of revised PLI scheme for Scale IV and above
We write to bring to your urgent notice, and place formally on record, a matter of immediate concern arising during the pendency of conciliation on the issue of PLI in Public Sector Banks. Copies of our concerned communications are enclosed for ready reference. (1. UFBU Circular dated 12-2-2026 on payment of PLI upto Scale III in violation of status quo advice of the Dy. CLC and minutes dt. 17-6-2025, 2. Minutes of conciliation meeting held on 9-3-2026; and 3) UFBU circular dt. 9-3-2026)

Dear Comrades,
SUB: Commemoration of the Glorious 80th Year of AIBEA & 63rd Year of AIUCBEF
With immense pride and deep respect for our rich trade union legacy, we are going to officially commemorate the Glorious 80th Year of the All India Bank Employees Association (AIBEA) (Founded on 20.04.1946) and the Glorious 63rd Year of the All India UCO Bank Employees Federation (AIUCBEF) (Founded on 16.03.1963).
These historic organisations have continuously fought for the rights, dignity, job security and welfare of bank employees across the country. The achievements we enjoy today are the result of the sacrifices, struggles and unwavering dedication of our senior comrades and leaders over decades.

To Office Bearers, State Federations and All India Bankwise Federations, All unions
Dear Comrades,
RECRUITMENTS 2026-27
We have informed our Units that for the ensuing financial year i.e. April, 2026 to March, 2027, based on the Indents placed by the Banks, IBPS has supplied 15,736 Dossiers for recruitment of CSA/Clerks. Thus, there is steady increase in the Indents placed by the Banks, though the same is not adequate.

CONCILIATION MEETING HELD TODAY
UFBU CIRCULAR NO. 10 : “Further to the conciliation meeting held on 4- 11-2025 and on 22/23-1-2026, another round of conciliation meeting was held today by the Dy. Chief Labour Commissioner in the office of the CLC in New Delhi on the various issues and demands raised by us in our strike notices.
The conciliation proceedings were conducted by Shri Susanta Kumar Nayak, Dy. CLC and Shri Pankaj Dahiya, RLC-HQ. Representatives of the DFS, IBA and all the PSBs were present. From UFBU, all our Unions were present.

Dear Comrades,
4,000 comrades of Co-op. Banks in Punjab join AIBEA Hearty welcome to them
We are happy to inform our unions and members that in a happy development, in Punjab, about 4,000 employees working 800 branches of the Punjab State Apex Co-op. Bank and the 20 District Central Co-op. Banks who are under the banner of Co-op. Bank Employees Federation, Punjab have joined the mainstream of bank employees movement by joining our All India Bank Employees Association.

Govt/DFS/IBA move to enforce divisive PLI Model Unacceptable while dispute is sub judice
All our unions and members aware that a PLI scheme was finalised in the 11th BPS/8th Joint Note in 2020 applicable from Part time employe4s to General Managers in Scale VII. Since then, PLI is being paid to employees and officers at a uniform rate in each Bank according to the performance of that Bank.