Two-day strike at IDBI Bank 'total success': AIBEA

Image
Press Trust of India Chennai
Last Updated : Oct 26 2017 | 4:28 PM IST

Don't want to miss the best from Business Standard?

All India Bank Employees' Association today termed the two-day strike by IDBI Bank employees as a "total success" and said the unions would decide upon industry level strike next month.
Pressing for wage revision, employees of IDBI Bank had observed a two-day strike on August 24 and 25 across the country.
Holding that the management of IDBI Bank denied wage revision compared to other public and private sector banks, AIBEA said, "it is a matter of deep regret that the management of IDBI Bank is unable to understand the agony and anguish of the employees for their legitimate wage revision.."
"IDBI Bank is the only bank where wage revision is denied. Their wage revision is due from November 1, 2012 to October 31, 2017," AIBEA general secretary CH Venkatachalam said in a statement.
Expressing hope that the management would understand and settle the issue immediately, he said, in the joint central committee meeting with All India Bank Officer's Association, the unions would be deciding upon the industry-level strike.
"In the ensuing Joint Central Committee meeting of AIBEA and AIBOA at New Delhi on November 8, we shall be deciding on programmes including industry-level strike," he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2017 | 4:28 PM IST

Next Story