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Bank staff to go ahead with June 12 strike
BS Reporter / Chennai Jun 05, 2009, 00:10 IST

Bank employees belonging to nine unions have decided to go ahead with their one-day strike on June 12, after their talks with Indian Banks Association (IBA) failed on Thursday.

The strike has been called by the United Forum of Bank Unions (UFBU), the umbrella body of the nine unions. IBA is yet to resolve the issues regarding wage revision and pension option.

C H Venkatachalam, convener, UFBU, said due to the failure of Thursday’s talk between IBA and UFBU before the Chief Labour Commissioner, we have decided to go ahead with the strike.

The Commissioner had called for conciliatory talks to find a solution. After hearing both parties, IBA and UFBU, he (the commissioner) has advised both the parties to sit across the table within seven days to sort out the issues.

“UFBU has offered to sit together with IBA for bilateral talks to find solutions, provided there are no pre-conditions from IBA. However, IBA insisted that talks can be held only if UFBU withdrew the strike.

UFBU reiterated that while they would be willing to discuss the issues with IBA with an open mind to find solutions and avert the strike, such conditions for talks are not acceptable.

“Hence, the call for strike on June 12 stands and shall be implemented as scheduled,” said Venkatachalam.

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Sorry, comments to this story are closed
Latest Messages
Posted by: Thakral
This is totally unfair on the part of IBA to have preconditions. Let us be united and slap IBA with Heavy Hands. IBA/Govt has always been bowing down and this time also IBA will kneel down but after causing loss to the nation and inconvenience to the Public. I recommend strict action should be taken against IBA officials/Govt officials who are bad negotiators who always budge but after lot of loss to the nation and the Public. There should be accountablity for such IBA/Govt officials who force the employees to resort to such harsh actions. The demands of the Bank employees are genuine and need immediate acceptance. Let good sense prevail upon IBA/Govt especially Mr Pranab Mukerjee Finance Minister to avert this strike and accept the genuine demands of Bank Eemployees.
Posted by: ajay
IBA is adament on its view. when all other indusries revise the wages with handsome hike, IBA is not eager to give anything to employees. It will adversaly affect the manpower of banks. banks will feel it dificult to retain their best employees on these wages, which are not competitive with market
Posted by: SAN
IBA LOST ITS CREIDBILITY- THEY ARE FAILED TO HONOUR THE WORDS IN THE PAST- UFBU SHOULD INTENSIFY THE STRIKE ACTION
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