Saturday, December 6, 2014

Bank relay strike ends, what next ?

The four-day relay strike by employees of public sector banks has ended with western region staff going off work today to press for wage hike.
All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam claimed that about 17,300 branches of PSU banks were closed in West India and 1.20 lakh employees took part in the strike.

The western grid was affected by the strike with 3.55 crore cheques worth Rs 2.25 lakh crore being held up today, he claimed.

However, private sector banks continued to function normally in three states where PSBs' employees went on strike. Cheque clearances and deposit and withdrawal from branches in Maharashtra, Goa and Gujarat were affected.

"We are still waiting for positive words from Indian Banks' Association," United Forum of Bank Unions (UFBU) Convener M V Murali told PTI. UFBU is the umbrella organisation of nine bank employees and officer unions.

"We have scaled down our demand from 25 per cent to 23 per cent (wage hike), but IBA is not yielding. It has been sticking to its earlier offer of 11 per cent which is not enough," Ashwini Rana, General Secretary of National Organisation of Bank Workers, said.

"Our Hon'ble Prime Minister is praising banks and bank employees throughout the world for successfully implemented Jan Dhan Yojna in a record time. But unfortunately he is not considering our justified wage revision," Rana said.

Some of the banks had already informed their customers about inconvenience due to the strike.

This is the second strike by bank employees in less than 30 days. The last strike was on November 12.


Anonymous said...

They are hard working and honest but they lack manners. This is the reason they lack public sympathy.Most of the bank clerks are very rude with the employees.

Anonymous said...

Relay strikes have ended. What next steps UFBU is planning. It seems now the Union Leaders are clueless. They should have announced more effective steps to keep up the pressure.

Anonymous said...

neft rtgs were functional in western zonal strike on 05-12-14 so how one can say it is sucessful

S.Lakshman Rao said...

Banking Industry is under the care of Negotiable Instrument Act.Seventh Pay commission is a different topic in relation to Working/Retired Government Official.Both are inadvertantly getting mixed up.The topics relating to Negotiable Instrument Act needs to be delinked from Seventh Pay Commission...

Shankar said...

If at all the strike to be successful, calling strike after 30 th March and continuing for a week is the way. But UFBU will never do this as they are part of Managements or they have a psychological fear about success.

BALAN said...

SBI chairperson has made the right observation yesterday about the poor remuneration of bank employees and retention and bringing talents to the banking industry. Let the MOF officials take the file relating to PILLAI COMMITTEE recommendation to HON Arun Jaitley so that he can see how the ministry earlier tried hard to convince to bring down the salary of the bank officers to the class I officers level. now the class I officer s are drawing 60 % more salary than the entry level bank officers. what happened to their own recommendation accepted by the then Union cabinet.
all other CMDs should rally behind SBI chair person and convince the government to accept immediately 20% pay slip increase and increase further on par with VII th pay commission as and when it is implemented. do justice to the pensioners also. profitability has to be improved by recovering from wilful defaulters and good governance and not by squeezing the employees and poor pensioners.

k balasubramanian vrs 2001 indian bank

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