Rediff.com  » Business » 2-day bank strike from January 31

2-day bank strike from January 31

Source: PTI  -  Edited By: Nandita Mallik
January 15, 2020 19:15 IST
Get Rediff News in your Inbox:

United Forum of Bank Unions is seeking at least a 15-per cent hike, but the Indian Banks' Association has capped the raise at 12.25 per cent.

Bank unions on Wednesday called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks' Association (IBA).

The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13.

 

"From April 1, we have decided to go on an indefinite strike," UFBU state convenor Siddartha Khan told PTI.

UFBU is seeking at least a 15-per cent hike, but the IBA has capped the raise at 12.25 per cent, he said.

"This is not acceptable," Khan said.

The last wage revision meeting was held on January 13.

Photograph: PTI Photo

Get Rediff News in your Inbox:
Source: PTI  -  Edited By: Nandita Mallik© Copyright 2020 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY