Recently IBA and UFBU has inked the 9th BPS along with a second pension option for PF optees. Although there are lot of questions are being asked over the poor 17.5% hike in the wages of bankers. However considering the coating of pension sugar over it along with the fact that the wage for bankers are revised every five years, it doesn't seem too bad.

Wage revision for bankers

The wage revision talks between IBA n UFBU is going on endlessly causing lots of dissatisfaction among banking fraternity.

Recently SBI has announced issuing bonds of $1 billion from overseas market. Please give your views on this.