The United Forum of Bank Unions (UFBU) has proposed a 48 hours strike in Banks for early revision of salary of bankers. The IBA in a recent meeting made an absurd offer of 2% hike in bankers salary.
The strike is proposed to begin 6 am on May 30 till 6 am on June 1. [We do not understand the 48 hours concept beginning from 6 am and ending on 6 am because banks are open 10 to 5-6, so how the strike will take place from 6 am to 10 am and in night?]
UFBU stated that strike notice has been given to Indian Bank Association (IBA) and Labour Commissioner (Central), New Delhi.
Various bankers questioned the rationale of having strike on 30th and 31st May instead of 28th and 29th. Consequently AIBOC, AIBOA, INBOC and NOBO (four Officers’ associations) have suggested UFBU to change the strike on 28th May and 29th May to have better impact.
“The initial offer of the Indian Banks Association was meagre which was totally rejected by the constituents of the United Forum of Bank Unions…Bank employees and officers are already paid very low compared with the government employees as well as the private sector,” said All India Bank Officers’ Confederation (AIBOC) General Secretary D T Franco on May 5.
The agenda of strike is:
AIBOC, AIBOA, INBOC and NOBO (four Officers’ associations) held a meeting on 11th May in which they decided:
UFBU has also planned demonstrations before branches in all centers on 17th, 24th and 29th May.
As per AIBOC Circular dated 13.09.2023, the officers’ associations today, submitted a Supplementary Charter of…
Wage revision for bankers is due since November 2022, which is to be finalized through…
DA for Bankers is expected to increase for the quarter May 2023 to July 2023.…
If you're a banker, you know that staying up-to-date on industry trends and best practices…
DA for Bankers is increased for the quarter February 2023 to April 2023. CPI data…
12 Bipartite Settlement for revision of bank employees' salary and service conditions is due from…