You are here: Home » Finance » News » Others
Business Standard

Bank employees postpone strike to August 5

BS Reporter  |  Chennai 

have postponed their nationwide strike to August 5. Bank employees had earlier said they would go on a strike on July 7 to protest against banking reforms, outsourcing and other issues.

The employees’ union has said if their demands are not met, they would consider other courses of actions, including an indefinite strike.

C H Venkatachalam, convener, (UFBU) said its members met in Chennai today. Since the next Parliament session would start on August 1, it was decided to go on a strike in the same month.

Around one million employees representing various public sector banks have decided to go on a strike on issues that include reforms, outsourcing, the compassionate appointment scheme, defined working hours for officers and bringing the pension scheme on par with the government scheme.

“While the forum is open to talks with Indian Banks' Association, which represents public sector banks, the ministry of and the regulator, we would not hesitate to go on an indefinite strike, along with dharnas and agitations. These issues would be decided after August 5,” Venkatachalam said.

First Published: Fri, July 01 2011. 00:53 IST
RECOMMENDED FOR YOU