TALKS FAILED ALL INDIA BANK STRIKE ON 10TH & 11TH FEB 2014

TALKS FAILED ALL INDIA BANK STRIKE ON 10TH & 11TH FEB 2014

Source: BMS      Date: 08 Feb 2014 10:04:41

Chief Labour Commissioner called a conciliation meeting on 6th Feb. 2014 and tried to avoid the strike. Since IBA could not make revised offer conciliation meeting concluded without result.

New Delhi: 10 lacs bank employees and officers of 26 Public Sector Banks, 12 Private Banks and 6 Foriegn Banks 52 Regional Rural Banks will observe all India Bank strike under the banner of United Forum of Bank Unions (UFBU) an umbrella organization of 9 bank employees and officers unions for the demand of wage revision.More than 70000branches and offices of all Public Sector, Private Sector Banks  and RRB will be effected.

The Bank employees’ wage revision is due since 1st November, 2012. The Unions have submittedtheir  Charter of Demands in Oct, 2012.

The two-day strike scheduled for January 20-21 was deferred, as the Indian Banks Association had raised its wage increase offer from the initial five per cent to 9.5 per cent.

In the last meeting held on 27th Jan. 2014 IBA revised their offer from 9.50 to 10%. In view of this, the IBA was informed by UFBU that their offer falls too short of our demand and expectation and hence not acceptable to us.  We urged upon the IBA to substantially revise their offer to reach an acceptable position.  IBA could not do so but requested us to withdraw the agitation and continue the talks.  Since their offer was too low and not acceptable to us, it has been decided to go ahead with our strike action on 10th and 11th Feb. 2014