Bank staff plan nationwide strike on 6-7 August

04 Aug 2009

1

Banking services are likely to be affected on 6 and 7 August with employees of public sector banks across the country going on a two-day strike to press their demands, including wage hike and other issues.

A United Forum of Bank Unions (UFBU) spokesman said the employees decided to co ahead with the strike plan after a meeting between employee unions and the Indian Banks' Association (IBA) in the presence of the chief labour commissioner failed to yield any result.

"We are going ahead with the strike," said UFBU convener C H Venkatachalam.

In fact, the IBA has further reduced the rate of wage hike from the proposed 17.5 per cent to 13 per cent, he added.

IBA also did not concede to demands on pension and appointing dependants of deceased employees on compassionate grounds, he added.

The United Forum of Bank Unions is a joint forum of five workmen unions (viz, AIBEA, NCBE, BEFI, INBEF and NOBW) and four officers' associations (viz, AIBOC, AIBOA, INBOC and NOBW).

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