Bank Strike on 28th February 2017

Last updated by Jai on February 11, 2017

United Forum of Bank Unions (UFBU) has decided to go on one day all India Strike on 28th February 2017. 

Schedule of program to be followed is:

  • 13.02.2017 Press Release at all State Capitals and major centres (Common Press Note of UFBU, to be released by all the constituent unions)
  • 17.02.2017 Centralised Demonstrations at all Centres
  • Between Dharna at all State capitals 17.02.2017 to (Date to be decided at State Unit level) 22.02.2017
  • 22.02.2017 Badge-wearing & Demonstrations/Rallies at all Centres
  • 27.02.2017 Lunch Hour Demonstrations at all Centres

The agitation is on following issues:


  • Banking/Labour Reforms
  • Government moves infringing Trade Union rights
  • Outsourcing of permanent jobs


  • Legitimate compensation to employees and officers for extra hours of work performed on demonetization work
  • Removal of Gratuity Ceiling under Payment of Gratuity Act, 1972 & Total Exemption of Income Tax on Gratuity and Leave Encashment on retirement
  • Immediate appointment of Workmen/Officer Employee Directors in all Banks
  • Early initiation of process of next wage revision of bank employees 
  • Pension related issues Improvements in Pension Scheme similar to RBI/Central Government including for past retirees – Extension of erstwhile Pension Scheme in banks in lieu of NPS – Follow-up of Record Note dated 25.05.2015
  • Implementation of Compassionate Appointment Scheme on the lines of Central Government as approved by the Government
  • Adequate Recruitment in all cadres
  • Reimbursement of cost of demonetization to Banks by Government
  • Immediate introduction of 5-Day banking
  • Stringent measures to recover bad loans and accountability of top executives
  • Criminal action against wilful defaulters of bank loans.

AIBOC Circular

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