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Bank Unions’ June 27 Strike Deferred

Bank unions have determined to defer their June 27 strike

New Delhi:

Bank unions on Thursday deferred their proposed June 27 strike as Indian Banks’ Association (IBA) agreed to provoke negotiation talks on their calls for.

The United Forum of Bank Union (UFBU), an umbrella physique of 9 financial institution unions, together with All India Bank Officers’ Confederation (AIBOC), All India Bank (*27*) Association (AIBEA) and National Organisation of Bank Workers (NOBW) had threaten to go on strike to press for points associated to pension and the demand for five-days-a-week work.

As per the settlement with IBA, the negotiation talks on varied pending points would start on July 1, AIBEA common secretary C H Venkatachalam stated after a gathering held beneath the chairmanship of Chief Labour Commissioner.

Other calls for included an updation and revision of pension for all pensioners and casting off the nationwide pension scheme and restoring the previous pension scheme for all financial institution staff. 

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