All India Bank strike stands on May 30 and 31

The proposed nationwide bank strike on May 30 and May 31 stands as the peacemaking talks convened by the Chief Labour Commissioner failed. A meeting was held between the United Forums of Bank Union and All India Bank Employees Association in Delhi yesterday. The UFBU informed that the meeting could not produce a positive outlook.

“Although the Chief Labour Commissioner tried his best to sort out the strike issue, there is no positive development. The strike stands,” C.H.Venkatachalam, General Secretary, All India Bank Employees Association further told a national daily after the conciliatory meeting in Delhi on Monday.

BarakBulletin.com had informed about the strike sometime back. As reported, the union had proposed for a two-day all India strike in a letter submitted to the association on May 10, 2018. The letter signed by the convenor of UFBU stated the union opposes Indian Banks’ Association’s (IBA) delay in expeditious and early wage revision settlement, Government’s casual approach to wage revision for bank employees/officers, IBA’s meager offer of 2% hike in wage bill towards wage increase, and partial mandate given by some of the banks only up to Scale III officers. The union had demanded expeditious and early wage revision settlement, adequate increase in salary and improvement in other service conditions and wage revision settlement to include all officers upto Scale VII.

“In accordance with the provisions contained in sub-section (1) of Section 22 of the I.D. Act – 1947, we hereby give you notice that the members of all the constituent unions of United Forum of Bank Unions propose to go on strike on 48 hours CONTINUOUS STRIKE from 6.00 am on 30th May, 2018 to 6.00 am on 1st June, 2018,” Sanjeev K Bandish had written in the letter, addressed to the chairperson of Indian Banks’ Association.