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Central Chronicle - Central India's Premier English Daily

Bank strike on June 27 deferred: AIBEA official


Hyderabad/New Delhi, June 23 (UNI) The one-day nation-wide strike called by the United Forum of Bank Unions' (UFBU) on June 27 was deferred after Chief Labour Commissioner of Union Ministry of Labour, SC Joshi held another round of conciliation meeting with the representatives of Unions in his office in New Delhi on Thursday.

All India Bank Employees' Association (AIBEA) General Secretary Ch Venkatachalam told UNI that the UFBU reiterated their demands in the meeting.

He said Indian Banks Association (IBA) has agreed in the meeting that it would begin negotiations on the demands of Unions on July 1.

Hence the UFBU has decided to defer the strike, he added.

Earlier, on June 21, Joshi held the conciliation meeting in the national capital which did not yield any positive outcome and remained inconclusive.

The CLC then advised one more conciliation meeting on Thursday.

The UFBU called the strike on demands like five-day banking with Saturday and Sunday being holidays, updation and revision of pension for all pensioners, Scrap National Pension Scheme and restore old pension scheme to the bank employees.

The other demands are settlement of residual pending issues and extending wage revision in Catholic Syrian Bank and Lakshmi Vilas Bank (LVB), now amalgamated with DBS Bank India Limited (DBIL).

Earlier, the strike notice was served on Indian Banks' Association (IBA) by nine unions of UFBU.

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