The United Forum of Bank Unions (UBFU) has called for an all-India strike on January 7. Expressing its resentment over IBA’s casual attitude and the Government’s lack of response to the union’s demand for an immediate and reasonable wage settlement, the All India Bank Employees’ Association General Secretary CH Venkatachalam said that the Forum has decided to protest including holding mass demonstration at all centres on December 30.

Black badge protest

This will befollowed by black badge protest on January 5, 2015,mass demonstrations/procession and rallies the following day and culminating in all-India strike on January 7. The forum has decided to further intensify its protest by calling for a four days continuous strike between January 21 and 24 and indefinite strike from March 16.

Hits out at IBA

Condemning the action of the IBA in directing the banks to revisit the mandate given to it (IBA) earlier as ‘nothing but a ploy to delay the wage revision negotiation process’, Venkatachalam said, “IBA is sticking to its offer of 11 per cent increase in pay slip component.”

But, the IBA chief Mohan V Tanksale, who was in the city to moderate a panel discussion on the implication of Performance Management System in traditional private banks in the context of Gopalakrishna Committee Report on “Capacity and Competence Building in Traditional Private Banks” said that a settlement has to happen and the IBA is ready to sit and resolve the issue.

“We are willing to negotiate. But 23 per cent increase seems quite unreasonable,” he said.

Related Topics
comment COMMENT NOW