UFBU indefinite stir from Apr 1 for wage revision

UFBU indefinite stir from Apr 1 for wage revision

Agency News

Hyderabad, Jan 15 : In view of Indian Banks' Association (IBA) adopting a very rigid approach in resolving wage revision for Bank Employees and Officers during the bipartite talks held in Mumbai on Monday, United Forum of Bank Unions (UFBU), an umbrella body of 9 unions in the banking sector, held a meeting thereafter AND decided to go on an indefinite strike on the issue from April 1, 2020 and also on other demands.

All India Bank Employees Association (AIBEA) General Secretary Ch Venkatachalam in a circular to all its Units and Members on Wednesday said the UFBU, in order to highlight its demands and express strong protest, has decided to go on a two-day nation-wide strike on January 31 and Feburary 1 and 3 days continuous strike from March 11.

'We are sure that all the unions across the country would understand the seriousness of the situation given the Government’s policies towards labour and take all-out steps to implement the programmes successfully', Mr Venkatachalam said.

The meeting of UFBU held at Mumbai on January 13 came to the unanimous and inescapable conclusion that intensified agitational actions have to be resorted to press the demands for reasonable resolution and satisfactory settlement, the top Union leader said. The 11th bipartite settlement is due from November 1, 2017 to Bank Employees and Officers. (UNI)