PSU bank employees to go on nation-wide strike on November 12 to press for wage revision 

 

NEW DELHI: Normal banking operations like cheque clearance in public sector banks across the country are likely to be hit on Wednesday as employees have decided to go on one-day nation-wide strike to press for wage revision.

"In negotiations held today, Indian Banks' Association (IBA) stuck to its earlier stand of 11 per cent (wage hike) despite unions scaling down their demand to 23 per cent. Consequently, the conciliation ended in failure," United Forum of Bank Unions (UFBU) Conven ..

Hence, the call for strike on November 12 stands, he added.

"We have scaled down our demand from 25 per cent to 23 per cent, but IBA is not yielding. It has been sticking to its earlier offer of 11 per cent which is not enough," Ashwini Rana, General Secretary of National Organisation of Bank Workers, said.

Banks, including the country's largest one SBI, has already informed customers about the inconvenience they are likely to face on Wednesday.

"UFBU has given a not .. "UFBU has given a notice to IBA calling for nationwide bank strike on the November 12 and All-India State Bank Officers' Federation and All-India State Bank of India Staff Federation being a part of UFBU will also participate in the said strike," SBI said in a statement.

"Since the said call is given at all-India level covering all banks, the bank will not be impacted separately," the statement said.

Today's meeting before the Chief Labour Commissioner today ended in a deadloc .. 

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

COMMENT:

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country

ANAND MAURYA
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