Conciliation failed – 30 & 31 May 2018 all India Bank Strike Stands

On Bank Unions 2 days strike notice Chief Labour Commissioner called conciliation meeting to avoid 2 days proposed all India Bank Strike. Since Indian Banks Association (IBA) has not given any revised offer for wage revision United Forum of Bank Unions (UFBU) has decided to proceed for 2 days all India Bank Strike on 30th and 31st May, 2018 for the demand of early wage revision and against the 2% offer of wage hike given by Indian Bank Association (IBA).

Bank employees wage revision is due w.e.f. 1.11.2017. A charter of demand was submitted by Unions in the month of July 2017.

Department of Financial Services, Ministry of Finance, Government of India was very much interested to give wage revision w.e.f. 1.11.2017 itself and written 2 letters to IBA for early wage revision. But IBA late started the negotiations and in 10 rounds of meetings only management issues and non financial issues were discussed. On 5th May 2018 meeting IBA offered 2% hike which was rejected by Unions and decided to go for 2 days all India Bank Strike on 30th and 31st 2018.

Why at the time of bank employees wage revision question of Profitability comes.

UFBU demands that Govt should advice the IBA to give respectable and justified wage revision as early as possible to avoid 2 days proposed all India Bank Strike.

1 thought on “Conciliation failed – 30 & 31 May 2018 all India Bank Strike Stands

  1. bank employees salary compare to railway clerk it is very less. is it railway going on profit. answer no. then come to postal it is going profit. answer is loss. several central govt office is going on loss only/ in the budget u can see deficit several crores. on the whole central govt employee getting good hike in cpc. same state govt also getting more. only rbi bank employees retirees not at all treated good by the central govt. i strongly blame finance minister is the main to do all these things. bank employees wants to vote only not fit for salary hike. i request all union leaders forget your ego and fight for the good cause for bank employees as well as retirees/

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