The United Forum of Bank Unions (UFBU) has revived its call for a 48-hour nationwide strike to begin from February 10, in view of "meagre" improvement to the initial wage revision offer made by bank managements.

The bank managements represented by IBA increased their offer from 9.5 per cent to 10 per cent on payslip cost at their bipartite talks with UFBU on Monday.

As this improvement is seen to be inadequate, it has been decided to revive the strike call for February 10 and 11, said C.H. Venkatachalam, General Secretary of All India Bank Employees Association.

UFBU, a representative body of nine bank unions, had earlier given a strike call for January 20 and 21. But this strike plan was deferred after the Indian Banks' Association (IBA) increased their initial offer from five per cent to 9.5 per cent on January 17.

(This article was published on January 28, 2014)
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