A Poll has been pasted on my blog (http://importantbankingnews.blogspot.in/) after strike on 18.12.2013.
Poll result shows that none of viewers are in favour of one day strike. Poll conducted through my blog suggest that 84% of bankers are in favour of indefinite strike, 10 % for three days strike,4% for two days strike and 3% for no strike. Poll will remain live for two more days.
Today after 6 days of Poll on my blog ,Result shows that 0 % are not in favour of strike whereas 88% are in favour of indefinite strike . Only 4 % are in favour of two days strike and 8% in favour of three days strike
Bank unions to intensify agitation-Business Line
Wednesday’s strike a complete success, claims AIBEA General-Secretary
KOCHI, DEC. 19:
Bank employees’ unions, which went on a day’s strike on Wednesday to press for wage revision, are planning to intensify the agitation with tougher actions.
Wednesday’s strike called by the United Forum of Bank Unions, which is made up of nine major bank unions, had virtually shut down banking services, including those of clearing houses.
Un-cleared cheques
Across the country, UFBU claimed, four million cheques valued at Rs 32,000 crore could not be processed. In Mumbai, the financial capital of the country, some six lakh cheques were not cleared. Money market operations, government transactions and foreign exchange dealings were disrupted. Over 80,000 bank branches and offices were affected by the strike.
Across the country, UFBU claimed, four million cheques valued at Rs 32,000 crore could not be processed. In Mumbai, the financial capital of the country, some six lakh cheques were not cleared. Money market operations, government transactions and foreign exchange dealings were disrupted. Over 80,000 bank branches and offices were affected by the strike.
C.H. Venkatachalam, General-Secretary of the All-India Bank Employees Association and former convenor of UFBU, told Business Line that the unions were gearing up for a longer agitation. A decision on the methods and duration would be decided at the December 23 meeting of UFBU at Hyderabad.
He claimed that Wednesday’s strike was a complete success. Unions in all the public sector banks; old-generation private banks, such as Federal Bank and South Indian Bank; and foreign banks, such as HSBC, Standard Chartered and Bank of America, had participated in the strike.
However, employees of new generation banks, such as ICICI Bank, HDFC Bank, Axis Bank and YES Bank could not take part in the agitation as they have no formal unions.
The strike was called to press for an immediate wage revision settlement in the banking sector. The last five-yearly settlement expired in October 2012. The Indian Banks’ Association had, two days before the strike, offered five per cent increase in the ‘salary component’ of the wage bill, which the unions had rejected outright.
Venkatachalam said the one-day strike had helped public sector banks save nearly Rs 200 crore on salaries as striking employees were set to lose a day’s wage. He said there was no estimate of the financial cost on the economy for a day’s closure of banks.
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