Millennium Post

Bank unions defer proposed 4-day strike

PSU bank employees’ unions have deferred the proposed four-day strike from January 21 after the management of banks (IBA) assured that wage related issues will be resolved by early February.

“Four-day strike has been put on hold as Indian Banks’ Association (IBA) assured that wage issue will be resolved by the first week of February,” United Forum of Bank Unions (UFBU) Convener MV Murali said.

Earlier in the day, employees unions had announced that they will go on a 4-day strike from January 21 to protest against the “rigid and callous attitude” of Central Government in resolving the long pending wage revision issues.

On request of the bank management, IBA, for continuation of dialogue for wage negotiations, it was decided to defer the bank strike, Ashwini Rana, General Secretary of National Organisation of Bank Workers, said.

Murali said, “If there is no satisfactory outcome fresh dates for four to five days strike action in February would be announced.” The wage revision of public sector bank employees has been due since November 2012. The unions had deferred one-day strike scheduled for January 7 as IBA improved the wage hike offer to 12.5 per cent from 11 per cent earlier.
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