Business Standard
All-India banks on 2-day strike from Monday
Over a million bank employees working in 27 PSUs, and 12 private and eight foreign banks, will go on the nationwide strike
-10.11.2014
Banking services in the country would be hit from Monday, with staff of both public and private sector banks planning a two-day strike against the proposed banking sector reforms and for immediate revision in wages.
Over a million bank employees and officers working in 27 public sector banks, including the State Bank of India, and 12 private and eight foreign banks, will go on a two-day nationwide strike Feb 10-11, the United Forum of Bank Unions (UFBU) Sunday said.
UFBU is the umbrella organisation of five employee unions and four officer unions of state-run banks. All nine unions under its aegis have given the strike call.
UFBU had earlier called a strike on Jan 20-21, which was deferred after the Indian Banks Association (IBA) increased its initial offer to 9.5 percent, from 5 percent, with a promise to improve it further.
However, at the discussions on Jan 27, the IBA increased its offer by just 0.5 percent to 10 percent, which was rejected by the UFBU. It has been seeking an increase of 30 percent on the grounds that wage revision is pending since November 2012.
UFBA said it had called the strike as the discussions on wage revision have been very tardy since the last one year.
Bank unions to go on two-day strike from today--10.01.2014 India Today
Operations at public sector banks are likely to be impacted as employee unions have decided to go on a two-day nation-wide strike from Monday to press for wage revision.
During the conciliation meeting held on February 6 before the Chief Labour Commissioner, the IBA did not come up with any improvement in the wage offer of 10 per cent hike in the pay package, United Forum of Bank Unions (UFBU) Convener M.V. Murali said.
As conciliation proceedings remained inconclusive, he said, UFBU has decided to go on two day nation-wide from February 10.
Banks including country's largest lender State Bank of India have informed customers in advance about the likely inconvenience they could face due to the strike.
Private sector players such as ICICI Bank, HDFC Bank and Axis Bank are expected to function normally.
All India State Bank Officers' Federation and All India State Bank of India Staff Federation, being part of UFBU will also participate in the strike, SBI said in a statement.
General Secretary of National Organisation of Bank Workers, Ashwini Rana said as the offer made by bank management is not in line with the rising inflation, the unions are compelled to protest.
Staff of public sector banks had gone on a day's strike nationwide on December 18, after the discussions with IBA on wage revision had failed on December 14. The wage revision of public sector bank employees has been due since November 2012.
UFBU is an umbrella organisation of nine bank employees and officers unions.
There are 27 public sector banks in the country with employees' strength of about 8 lakh. There are about 50,000 branches of these banks across the country.
Bank officers’ national meet in Thiruvananthapuram from March 8-Business Line
THIRUVANANTHAPURAM, FEBRUARY 9:
All-India Bank Officers’ Confederation will conduct its 10th triennial national conference here from March 8 to 10. Preparations are in full swing, according to Abraham Shaji John, State Secretary of the Confederation.
K Chandrika, Mayor of Thiruvananthapuram, opened the reception committee office for the conference and at a function held here on Saturday.
She also released the logo for the conference.
C Raj Kumar, Senior Vice-President of the Confederation, presided over the function.
Abraham Shaji John and R Gireesh Kumar, District Secretary, spoke.
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