Industry

Bank unions defer two-day strike originally set for January 30, 31


India‘s United Forum of Bank Unions on Saturday pushed back a previously planned two-day nationwide bank strike, originally scheduled for January 30 and 31, after a conciliation meet between the UFBU and the Indian Banks Association.

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.



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