10 lakh bankers to go on 2-day strike May 30-31

IANS  |  Chennai 

Over 10 lakh bankers in the government and private sectors are gearing up for a two-day strike starting on May 30, as the (IBA) did not make any improved offer over the two per cent wage hike made earlier, an All (AIBEA) said.

The strike is spearheaded by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions.

The bankers would strike work demanding early revision of the wages. The wage revision has been due since November 1, 2017.

"It is now too late for us to go back on our strike call. We had requested the to come up with a better offer than the mere two per cent hike offer made earlier.

"We also asked the not to delink the wage negotiations for in the Scales 4-7. The did not do anything," AIBEA told IANS.

He said at the conciliation meeting held on Monday, the Chief (CLC) had asked the IBA not to raise new controversies like delinking the wage talks for officers in the 4-7 scale.

"Though the CLC tried its best to sort out the strike issues, there is no positive developments. Hence strike on May 30 and 31 (Wednesday and Thursday) stands," All (AIBOC) said.

According to Venkatachalam, with regard to the coverage of officers from Scale 4-7 the IBA said it did not get the mandate from six banks as they opted to cover officers up to Scale 3 level.

However, 14 banks have given the mandate for covering the officers up to Scale 7 in wage negotiations as was done in the previous wage settlement negotiations, he said.

--IANS

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First Published: Tue, May 29 2018. 13:58 IST