According to C H Venkatachalam, General Secretary, All India Bank Employees’ Association, the IBA reportedly agreed to meet with the unions on January 31 to discuss their demands – which include five day banking, updation of pension, and restoration of the old pension scheme.
Other issues that the UFBU – an umbrella body of several bank unions – is pushing for have been relegated to later discussions that are set to take place separately with officers and workmen unions.
The two-day strike was called to press for the following demands: five-day banking, updation of pension, residual issues, scrapping of National Pension System, immediate starting of negotiation on charter of demands for wage revision, and adequate recruitment in all cadres.