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Bank unions call for two-day nationwide strike from May 30

A bank unions’ body has said it will go on a 48-hour nationwide strike on May 30 and 31 to protest the meagre 2% wage hike offered to bank employees by the Indian Banks’ Association.

business Updated: May 24, 2018 17:15 IST
Press Trust of India
Press Trust of India
Press Trust of India, New Delhi
Bank strike,Bank union,Bank union strike
Employees and officers of public sector banks will go on a two-day nationwide strike on May 30 and 31, demanding a better wage hike.(PTI Photo)

Employees and officers of various state-run banks have called for a two-day nationwide strike from May 30 to protest a nominal 2% wage hike offered by the Indian Banks’ Association (IBA).

In the wage negotiation meeting held on May 5, 2018, IBA made a propositions to offer 2% hike in the wage bill cost as on March 31, 2017.

It also maintained that the negotiations on officers’ demands would be restricted up to scale III employees only.

“It is only because of provisions towards NPAs that banks have booked losses, and for this, bank employees are not responsible,” United Forum of Bank Unions’ convener Devidas Tuljapurkar told reporters in Mumbai.

He said in the last two-three years, bank employees have worked tirelessly for implementation of government initiatives such as Jan-Dhan, demonetisation, Mudra and Atal Pension Yojana, among others.

“This has resulted into huge increase in their workloads,” he said.

In the last wage settlement, which was for the period November 1, 2012 to October 31, 2017, IBA had give a wage hike of 15%.

Bank employees have organised a demonstrations on May 29 at State Bank of India’ branch main branch at the Fort area in Mumbai

UFBU is an umbrella body of nine unions, including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).

First Published: May 24, 2018 17:15 IST