Wage Revision in IDBI Bank: All-India strike planned on Dec 27

The pending wage revision in IDBI Bank has reached another flash point with officers and employee unions calling for an all-India strike on December 27.

The United Forum of Bank Unions has decided to support the strike call given by the All India Bank Employees’ Association (AIBEA) and the All India Bank Officers’ Association (AIBOA).

The wage revision for employees and officers of IDBI Bank is due from November 1, 2012, said C.H. Venkatachalam, general secretary, AIBEA, and S. Nagarajan, general secretary, AIBOA.

The exercise is complete not just in all public sector, private and foreign banks, but also in the Reserve Bank, Life Insurance Corporation, General Insurance Corporation, and Regional Rural Banks.

“Discussions for the 11th Bipartite Settlement ares also underway. We’ve been repeatedly taking up the pending revision with the IDBI Bank management as well as with the Government.

“We’ve met the Finance Minister. But the matter is being dragged endlessly,” the leaders said. IDBI Bank staff had struck work a number of times, including on two consecutive days in October.

But the management has not come forward to find an amicable solution. The issue was discussed at a joint central committee meeting held in Delhi, which took a decision on the all-India strike in December.

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