UFBU Declared Strike from 20th & 21st of January 2014 for Wage Revision. United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees and officers unions, given a call for All India Industry Strike from 20th & 21st of January 2014 for Wage Revision. Pursuant to the massive success of our strike action on 18th December,2013, a meeting of UFBU was held in Hyderabad on 23.12.2013. It is decided that UFBU shall continue the agitation and announced strike call.
Banks strike for 2 days on 20 & 21 January 2014 as the UFBU has given a strike call, demanding wage revision as well as the resolution of certain other issues. All the public sector banks and regional rural banks are likely to participate.
National convener of UFBU M.V. Murali told that the Centre and the Indian Banks Association (IBA) have failed to settle the 14-month long pending demand of 32% wage revision for about a million strong staff in the banking sector.
He also urged the government to immediately halt the ongoing reforms in the banking sector as it would pave way for the arrival of a large number of foreign banks.
The wage revision of public sector bank employees has been due since November 2012. Earlier in the Meeting No.: 06 held on 14.12.2013, IBA offered only 5% increase. An act of insult, & fuel to fire.
State Govt Employees are getting 30 to 35% hike. Central Govt employees are expected to get double the Basic Pay amount in next pay revision. Why this discrimination towards bankers by the Central Government? How they could offer 5% hike after looking at the massive increase in commodity prices. All Bankers, please participate in strike on 20th & 21st January 2014 for 48hours & Fight for above 30% hike. Hope for The Best!...