The United Forum of Bank Unions (UFBU) representing five
workers' and four officers' associations have called for a series of strikes in
different zones starting Dec 2nd to Dec 5th.
In pursuance of the call of UFBU, the Zonal Strike for one
day will be observed by all the bank workmen and officers in the Southern /
Northern / Eastern / Western Zone on 02.12.2014 / 03.12.2014 / 04.12.2014 /
05.12.2014 respectively, demanding immediate settlement on wage revision.
United Forum of Bank Unions (UFBU) calls for 1 day zonal (of 4 zones) strike from 2nd-5th Dec. pic.twitter.com/JWD7BK1wZ1
— Press Release Watch (@PrReleaseWatch) November 28, 2014
UFBU has claimed that wage revision for the bank employees
was due from November 1, 2012, after expiry of the previous settlement with the
Indian Banks' Association (IBA).
Earlier UFBU had observed a day-long strike on Nov 12th on
the same wage revision issue.The IBA has agreed to offer up to 11% increase in
pay slip components but UFBU is demanding 25% increase in pay slip components.
'Despite appropriating around Rs. 90,000 crores towards
Provisioning and Contingencies, the PSBs have made a net profit of Rs. 37,000 crores
during the financial year 2013-14,'said UFBU in their press statement to
justify their demand of 25% hike in pay slip components.
