Bank unions call two-day strike from January 31

By: |
January 19, 2020 4:13 PM

It has also called strike a three-day strike from March 11, and if the demands are not met, the UFBU has threatened to go on an indefinite strike from April 1, 2020.

So, the bank unions are planning basically to observe strike in three phases.So, the bank unions are planning basically to observe strike in three phases.

The United Forum of Bank Unions (UFBU), which represents nine trade unions, has given a call for a two-day strike beginning January 31.

It has also called strike a three-day strike from March 11, and if the demands are not met, the UFBU has threatened to go on an indefinite strike from April 1, 2020.

So, the bank unions are planning basically to observe strike in three phases.

According to the convener of UFBU, Sanjeev Kumar Bandlish, a letter in this regard has already been sent to the chairman of Indian Banks’ Association, Secretary Department of Financial Services and Chief Labour Commissioner in the Ministry of Labour.

Speaking to PTI, Bandlish said the decision to go on a strike was taken as our demands of wage revision settlement at 20 per cent on payslip, five-day banking, merger of special allowance with basic pay, scraping of new pension scheme etc have been lying pending since long.

He said that there are 12 demands sent to the government.

The UFBU comprises unions like All India Bank Employees Association (AIBEA), All India Bank offices confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers’ Association (AIBOA), Bank Employees Confederation of India (BEFI), Indian National Bank Employees Federation (INBEF), Indian National bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1RBI rejects proposal to acquire IDBI Asset Management: Muthoot Finance
2NPAs may rise to 11% in FY22 from 8%: S&P Global
3Union Bank of India proposes to raise Rs 1,000 crore from bonds