Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said
Bank unions have decided to go on a two-day nationwide strike from Friday as talks with management of public sector lenders on wage revision have failed to reach a consensus. Many banks, including SBI, have informed customers that operations may be impacted to some extent due to the strike.
The strike will coincide with the beginning of the Budget session of parliament and presentation of union Budget 2020-21. The strike call has been given by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said. The wage revision for employees of public sector banks is pending since November 2017. “Today’s talks with Indian Banks’ Association (IBA) failed on demand from unions, so strike call stands,” AIBEA General Secretary C H Venkatachalam said.
IBA’s rigid approach has left unions with no option than to go on strike, Vekatachalam said, adding, “We appeal to the banking customers to bear with us for this disruption in services due to the strike but the same has been forced on us by the bank managements and IBA.” In a circular, UFBU accused the IBA of a rigid approach towards demands for a fair wage revision settlement…Read More
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