Bank employees to go on two day strike from January 20, 2014

Bank employees to go on two day strike from January 20, 2014.

Bank employees to go on a two day strike on January 20 and January 21, 2014, followed by further strikes in February and March 2014 to press for early wage settlement and other demands.

Bank_Strike_India“In today’s meeting at Hyderabad, it has been decided to urge upon IBA and the government to resume talks with a better and reasonable offer of wage increase and expedite settlement failing which the unions would go on a 48-hour strike from January 20,” United Forum of Bank Unions (UFBU) convener C H Venkatachalam said.

The UFBU, apart from All India Bank Employees Association (AIBEA), includes All India Bank Officers’ Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers’ Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).

In a meeting it was decided to urge upon the Indian Banks Association and Government to resume the talks with a better and reasonable offer of wage increase and expedite the settlement at the earliest.

Around ten lakh employees went on a strike on December 18th demanding for early wage revision and against banking reforms. The decision comes after talks between Unions and Banks was failed.

The Union was demanding early wage revision, which he claims its pending for almost an year.

“They (IBA) said economy is in bad situation and cannot revise wages now, which we don’t agree,” said Venkatachalam.

The Union is also against banking reforms including privatisation, mergers, giving license for Corporate houses, rising NPAs and others, said Venkatachalam.

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