Bank officers plan candle march today

DECEMBER 15:  

To protest against the delay in revision of wage settlement, bank officers will organise a candle march in Delhi’s Jantar Mantar and other State capitals on Tuesday. “The All India Bank Officers’ Confederation has decided to organise a protest candle march tomorrow, in all State Capitals and major cities to highlight the undue and unwanted delay in wage revision and other policies of the Government,” the confederation said in a statement. The revision is due from November 2012.

Source : Hindu Business Line

Labour Commissioner called IBA & UFBU for meeting

All India Bank strike on 12 th Nov'14, as well as the Relay Zonal Strikes from 2nd to 5th December 2014 with  unprecedented success, displayed the anguish and frustration of the bank employees,through out the country , who are being denied the reasonable wage revision and also the undue delay on the part of IBA in conclusion of the 10th Bi partite settlement. 

Now Chief Labour Commissioner has fixed a conciliation meeting of Bank Unions (UFBU) and Indian bank's Association on 17th Dec'14,at 11.30 AM. at Mumbai.

 UFBU will be meeting  will be held on the same day at Mumbai.

News Courtesy : Mr Mohan P 

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.

Kerala Pay revision in final stages, to be implemented soon - CM

Chief Minister Oommen Chandy told the Assembly that the pay commission report was in the final stages and that pay revision would be implemented soon.

“As soon as the pay commission report is received, further procedures will be  expedited. The pay revision was due by July. Only 5 months are overdue, whereas during the time of the previous government it was implemented after 19 months of the due date,”

Mr. Chandy said in reply to a calling-attention motion by C. Divakaran seeking interim relief to the employees.

Source : Deccan Chronicle

Bank employees continue with zone wise relay strike, IBA issued Press Release

Bank employees are proceeding with their relay zone wise strike as declared. There is still no break through in terms of finalization of wage settlement. In the mean time IBA issued a press statement regarding status of wage revision negotiation. Salient features of the press release is reproduced below.