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Bank employees to join central trade unions strike

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SummaryBank employees' unions have decided to support the two-day strike by central trade unions beginning February 20 to press for wage hike in the backdrop of rising inflation.

Bank employees' unions have decided to support the two-day strike by central trade unions beginning February 20 to press for wage hike in the backdrop of rising inflation.

Nine bank unions under the banner of United Forum of Bank Unions (UFBU) have decided to go on a nation-wide strike on February 20 and 21, National Organisation of Bank Workers' (NOBW) said in a statement.

All 11 central trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Bharatiya Mazdoor Sangh (BMS), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) have already threatened to go on strike.

Bank unions are pressing for early wage revision of employees, which is due from November 2012, NOBW said.

Besides, bank unions are opposing banking sector reforms and any plan for merger of banks.

Last month, four bank unions went on strike in opposition to amendments carried out in Banking Regulation Act and Banking Companies Act that enable foreign equity in public sector banks.

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