News Details- (Get Professional Updates on Whatsapp, Msg on 8285393786) More News

Bank unions announce 2 Days Strike from May 30

Posted Date : 12-May-2018 , 09:26:31 am | Posted By CASANSAAR print Print
United Forum of Bank Unions (UFBU) has threatened to observe two-day bank strike on May 30 and 31 to protest against Indian Banks' Association's measly wage hike offer and delay in wage negotiation. 

The bankers association has stirred up a hornets nest by offering an average pay increase of 2% to employees amid mounting non-performing loans and financials losses. 

UFBU demanded adequate rise in salary and improvement in other service conditions as well as expeditious and early wage revision settlement, . 

"We call upon all our unions and members to implement the agitation programme successfully," All India Bank Employees Association general secretary Rajen Nagar said. 

Unions demanded wage revision settlement to include all officers upto scale VII. 

Some banks are said to have given mandates to IBA to hold wage negotiations for only upto Scale III officers. #casansaar (Source - PTI, Economic Times)

Category : Banking | Comments : 0 | Hits : 664

Search News