Bank Strike: The proposed bank strike to be held on 30 and 31 January has been postponed. In the conciliation meeting of Bank Unions held before this strike, it has been decided to postpone this meeting.
In fact, the United Forum of Bank Unions (UFBU) has postponed the two-day nationwide bank strike to be held on January 30-31 following the consensus reached in the conciliation meeting held in Mumbai.
Why was the countrywide bank strike postponed
All India General Secretary of Bank Employees’ Association (AIBEA) CH Venkatachalam has informed that the bank unions will first discuss their demands on January 31. According to Venkatachalam, the Indian Banks’ Association (IBA) has agreed to hold a meeting with the unions on January 31.
In the conciliation meeting held on Friday, it was decided that three common issues of five-day banking, updation of pension and restoration of old pension scheme would be discussed on January 31. Other issues will be discussed separately with the concerned authorities and labor unions.
Who had decided to go on strike
Significantly, the UFBU, a group of several bank unions, had earlier decided to go on strike for their various demands. According to him, these demands are being put before the ministry for a long time and no decision has been taken on them.
Bank unions have many demands – know about some
Bank unions have several demands including 5-day banking working culture, upgradation of pension, residual issues, scrapping of National Pension System (NPS), immediate commencement of negotiations on charter of demands for wage revision and adequate recruitment in all cadres. The decision to call the strike was taken by the UFBU.
