PSU bank unions threaten 4-day nation-wide strike from Feb 25

Public sector bank employee unions today threatened go on a four-day nation-wide strike beginning February 25 to press for their wage-related demands.
"Banks have been providing for a 15 per cent wage hike since November 2012. Thus, banks already have incorporated wage increase of 15 per cent into their accounting but their offering is 13 per cent only.
"This is not acceptable to employees who have been fulfilling all obligations including making Pradhan Mantri Jan Dhan Yojana a runaway success. This was accepted by the Prime Minister. Therefore, we have decided to stick to our strike call till our demands are met," United Forum of Bank Unions (UFBU) Convener M V Murali told PTI.

Ashwini Rana, General Secretary of National Organisation of Bank Workers, said bank employee unions have unanimously decided to go on a four-day strike from February 25-28.
Many banks including Bank of Baroda and Corporation Bank have already informed about the likely inconvenience to customers if strike materialises.
In a filing to the BSE, Corporation Bank said it has received a notice from the convener of UFBU consisting of nine National level unions--AIBEA, NCBE, BEFI, INBEF, NOBW, AIBOC, AIBOA, INBOC and NOBO--informing the decision to go on for a four days nation-wide strike from February 25-28 in support of their demands.

"A major section of the Bank's employees/officers belonging to the workmen unions/officers' association having allegiance to the above national level unions/organisations, may take part in the proposed 4 days strike from February 25, 2015 to February 28, 2015 and indefinite strike from March 16, 2015, if the strike materialises.

"In view of the above, it is likely that the normal functioning of our Branches and offices may get affected during the days the union has given the strike call," it said.
Earlier this month, Indian Banks' Association (IBA) had bettered its offer from 12.5 per cent to 13 per cent against unions demand of 19 per cent hike in wages.

"On suggestion of Chief Labour Commissioner, IBA agreed to hold negotiations with UFBU on February 23. In the meantime strike stands," All India Bank Employees Association General Secretary C H Venkatachalam said.