As Expected Wage Talk Failed And Strike Declared

Result of Votes Invited on Progress on 

Wage Talk and Strike 


63% viewed that progress on wage talk 

are complete flop


32% of voters says that 

indefinite strike is only solution



2% are satisfied with progress


 and 3% are optimistic on wage talks held till 

today 





IN TODAY'S MEETING IBA IMPROVED THEIR 

OFFER FROM 9.5% TO 10% WHICH WAS 

REJECTED BY UNIONS. UFBU DECIDED TO CALL 

FOR "2 DAYS STRIKE" ON 10th AND 11th 

FEBRUARY 2014.

UFBU calls for bank strike on February 10--The Hindu  27.01.2014

The United Forum of Bank Association (UFBU) on Monday called for a 48-hour nation-wide strike starting on February 10, 2014 as there was no further improvement on the initial offer made by the Indian Banks’ Association (IBA) with regard to wage revision, according to its convenor M.V. Murali.

A bipartite talk was held between IBA and UFBU in Mumbai for over three hours on wage revision, in which the managements improved its offer from 9.5 per cent to 10 per cent. However, the unions rejected stating it as ‘inadequate’ and not acceptable.

It may be noted that earlier UFBU decided to strike work on January 20 and 21 but deferred the plan as the managements increased its initial offer from five per cent to 9.5 per cent on pay slip cost at the bipartite meeting in Hyderabad on January 17.

The bank managements also agreed to raise it after referring the matter to the Centre. On this basis, the UFBU put off the strike and decided to wait till Monday’s meeting expecting a positive outcome.

Talking to The Hindu, All India Bank Employees’ Association general secretary C.H. Venkatachalam said “We deferred the January 20 strike hoping that the management would improve upon its initial offer. But, the managements were not willing to increase its offer further and announced a meagre increase of 0.5 per cent. We will hold protest demonstration throughout the country on February 6.”

Mr. Murali said that the UFBU has already submitted a charter of demands that included an enhancement of about 35 per cent increase in gross pay, to the managements.

http://www.thehindu.com/news/national/banks-to-go-ahead-with-strike-in-february/article5623332.ece Banks to go ahead with strike in February  -The Hindu-27.01.2014

Disappointed over the offer made by the Indian Banks Association (IBA) with regard to wage revision, the United Forum of Bank Association (UFBU) on Monday has called for a nation-wide strike on February 10th and 11th, 2014 according to its convenor M.V. Murali.

A bipartite talk was held between IBA and UFBU in Mumbai on wage revision, in which the management improved its offer from 9.5 per cent to 10 per cent. However, the unions rejected it.

From Facebook

गोवर्धन राव  wrties as follows on facebook

This is to inform all the readers that in Andhra Pradesh :

1. the State Govt. staff threatened in-definitie strike demanding 32% of Interim Relief (an interim relief is one which is paid in anticipation of wage revision). The Govt, after negotiations, agreed for 27%. This clearly means that the State Govt. staff will get at least 30% hike in the salary once the pay commission settles the matter.

2. The Andhra Pradesh Road Transport Corporation (which has reported huge losses and is about to be merged with Govt.) staff unions demanded 32% Interim Relief. The Govt. agreed for 22%; the unions rejected it and gave notice of in-definite strike. Just a day before the strike was to take place, the Govt. agreed for 27% IR (at par with the State Govt. employees). This again indicate in un-mistakable terms that these employees will also get hike of at least 30%.

I wonder why our leaders easily succumb to the chocolates and biscuits offered by the IBA. If the State Govt. Staff can bend the State Govt, why can't the bankers do the same with Central Govt ?

If 10 lac bank employees go on strike for 10 days, the entire Indian Economy will collapse - this a fact. This will definitely bring the Govt. to the negotiating table with folded hands.

The UFBU leaders should understand and realise the potential we bankers have and fight in real sense for our just and legitimate demands.

Any one who does not agree with my views may kindly guide me appropriately.......

T K Vidhhya Sagar  writes on Facebook

HELLO FRIENDS

I KNOW YOU ARE VERY ANGRY , VERY ANGRY , YOU SHOULD BE , TODAY BANKERS ARE IN SO MUCH PATHETIC CONDITION , THIS MUCH ANGER IS GENUINE , BUT FRIENDS THIS IS NOT THE TIME TO CRITICIZE THE LEADERS , IT IS THE TIME TO MAKE THEIR STRIKE CALL A GRAND SUCCESS.AT THIS TIME WE CAN NOT TAKE RISK OF DIVISION , I KNOW LOT OF PERSON ARE READY TO QUIT UNION BECAUSE OF THEIR PATHETIC CONDITION. BUT I REQUEST YOU THAT PARTICIPATE MAXIMUM IN THE DHARNA ,STRIKE CALL , MORACH INAS MUCH AS STRENGTH YOU CAN , IF NO LEADER FROM UFBU IS READY TO LEAD YOU IN YOUR CITY , BE THE LEADERS AND ORGANIZE DHARNA , MORACHA, RALLY IN YOUR CITY

DO NOT SHY THAT YOU ARE IN SMALL NUMBER , START WITH WHAT EVERY NUMBER OF BANKERS ARE AVAILABLE WITH YOU, PUBLICISE YOU RALLY , DHARNA ,MORACHA IN NEWSPAPERS , MEDIA ETC , I ALSO ADVISE UFBU LEADERSHIP TO HOLD DHARNA MORCHA , RALLY ON SATURDAY OR SUNDAY SO THAT BANKERS SHOULD BE ABLE TO PARTICIPATE IN MAXIMUM STRENGTH

AT THIS MOMENT GIVE TIME UFBU , IF IN THIS SETTLEMENT UFBU FAILS TO GET LESS THAN 30 PERCENT BELIEVE ME I WILL BE THE FIRST TO STOP MY CONTRIBUTION TOWARDS UNION FUND