NEW DELHI/MUMBAI: A two-day all-India Bank strike, demanding wage revision of employees, commenced on Friday as discussions between the Indian Banks’ Association (IBA) Negotiating Committee and the United Forum of Bank Unions did not yield any result. “In the meeting held on 30th January 2020, despite the revised offer of upto 19 pc hike including performance linked incentive made from IBA side, the Unions have decided to go ahead with an all-India Bank strike on January 31 and February 1 2020, to be followed by other agitational programmes,” according to a statement issued here on Friday.
”During discussions, the conditions of business, paying capacity of Banks and consistent efforts by Banks at providing various types of benefits to the employees from time to time were explained but all Unions were pressing for some other demands which were not possible to accept. One such demand is for 5-day banking. It is known to all that the economy of the country is going through testing times, ”the statement said. “Banks being the principal players in economic development, cannot afford to provide lesser number of working days for banking activities. Our country already has one of the highest number of public holidays than any other country and adding 26 more holidays would create more problems for the public,” the statement added.
“For the convenience of the customers, Banks will keep alternative channels available and customers can utilise these alternate/digital channels of banking 24×7 for day to day banking. We regret the inconvenience caused to customers and general public,” it further added. (AGENCIES)
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