Finance IBA, bank unions to meet on Monday to discuss wage hike Updated : July 30, 2018 10:19 AM IST The apex banking lobby Indian Banks Association (IBA) and bank unions will meet tomorrow to negotiate on salary hikes for over three dozen banks. Close to 37 banks, including public, private and foreign banks, have mandated to IBA to decide on wage hikes for their employees. Bank unions under the banner of United Forum of Bank Unions will represent the employees. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.