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    Bank unions call for three-day nationwide strike from March 11

    Synopsis

    The strike has been called after talks over wage revision failed to initiate with the Indian Banks’ Association (IBA). This would be the third bank strike this month, after the first one was observed along with Bharat Bandh on January 8.


    Unions want wage revision settlement at 20% hike on pay slip components with adequate loading thereof while IBA said it is ready for upto 19% hike including performance linked incentive.

    After the two-day strike on January 31 and February 1 by the Bank Unions, Bank Employees Federation of India (BEFI) and the All India Bank Employees' Association informed that a three-day nationwide bank strike will be observed from March 11 to 13.

    The strike has been called after talks over wage revision failed to initiate with the Indian Banks’ Association (IBA). This would be the third bank strike this month, after the first one was observed along with Bharat Bandh on January 8.

    The strike has been timed ahead of the second Saturday of March, when banks observe a holiday, this could affect work for five consecutive days including Sunday.

    Unions want wage revision settlement at 20% hike on pay slip components with adequate loading thereof while IBA said it is ready for upto 19% hike including performance linked incentive.
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    18 Comments on this Story

    bsrahmd 329 days ago
    I don't know who are the real beneficiary of the Cash Handling Charge is , given this strikes and the indifferent attitude of the Govt, this daylight robbery should be abolished by the RBI and the Supreme Courts to discipline the banks.Who has the guts ?
    Vikas Singh337 days ago
    The only solution is that make the salary of the bankers equal to the central government, the employee of the PSU bank is transferred in any part of the India as the central government so why should he denied for the benefit as the Central government employees enjoys.
    Suresha Akkalareddy338 days ago
    It is better to remove all these incompetent bank employees. My experience with these government banks is disgusting. They lack passion to excel,mostly lazy people. Some exceptions, they are highly efficient. From 25 years of experience I have used services of many private sector and government banks. With very bad experience from all the government banks I have closed all my accounts with them. My bad experience with Indian bank is I have closed my loan taken from them 5years back and ank has issued letter for the same. But even today also the is reflecting in CIBIL despite repeated requests they have not corrected their mistake. This just one example of how their efficiency is.
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