Banks could remain shut on May 30 and 31, union calls for a two-day All India strike

The agitation of United Forum of Bank Unions which represents nine bodies (AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO), continues. 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. Along with these, the union mentioned its demands which includes:

• Expeditious and early wage revision settlement.

• Adequate increase in salary and improvement in other service conditions

• Wage revision settlement to include all officers upto Scale VII

We hear so far no IBA has managed to reach to an agreement, and due to which UFBU will continue with its programme according to which an all India strike is scheduled on May 30 and 31.

“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,” wrote Sanjeev K Bandish in the letter addressed to the chairperson of Indian Banks’ Association.