Employees of state-run banks threaten two-day strike from 31 January seeking wage revision; say IBA's approach rigid towards demands
If proposed strike materialises, it will coincide with beginning of the Budget session and presentation of Budget 2020-21.
-
The wage revision for employees of public sector banks (PSBs) is pending since November 2017
-
Unions are demanding wage revision settlement at 20% hike on payslip components with adequate loading
-
In the past wage settlement, which was for the period 1 November 2012, to 31 October 2017, the employees got a 15% hike
New Delhi: Bank unions have threatened to go on a two-day nationwide strike beginning 31 January to press for early wage revision.
The wage revision for employees of public sector banks (PSBs) is pending since November 2017.
The strike call has been given by the United Forum of Bank Unions (UFBU), an umbrella body of the nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
Representational image. Reuters.
Related Articles
If proposed strike materialises, it will coincide with beginning of the Budget session and presentation of Budget 2020-21.
UFBU in circular alleged rigid approach of the Indian Banks' Association (IBA) on demands for a fair wage revision settlement.
"In this background, the meeting of UFBU held at Mumbai on 13 January came to the unanimous and inescapable conclusion that intensified agitational actions have to be resorted to press our demands for reasonable resolution and satisfactory settlement," it said.
Unions are demanding wage revision settlement at 20 percent hike on payslip components with adequate loading.
In the past wage settlement, which was for the period 1 November 2012, to 31 October 2017, the employees got a 15 percent hike.
Earlier this month, a section of bank employees had gone on a day-long strike on 8 January in support of 10 major trade unions' protest call against the government's "anti-people" policies.
also read
Public sector bank officers' union to go on strike today to demand immediate wage revision, protest PSBs merger
Most of the banks have already informed their customers about the strike and its impact on their normal banking operation.
State-owned banks on two-day nationwide strike from 30 May, confirms union; ATMs, salary could be hit, but no reason for panic
Apex bank union AIBEA boss C H Venkatachalam warns of likely cash crunch on Wednesday, Thursday #BankStrike #ATMs #CashCrunch #2DayBankStrike
Bank services impacted as over a million employees go on 2-day strike; salary withdrawals to be affected
Banking activities in public sector banks across the country have been interrupted as employees go on two-day nation-wide strike against the meagre two percent salary hike offered by the management - Indian Banks Association.