Breaking News On Bank Strike

Four days strike put on hold as Indian Banks Association promised to resolve the salary revision issues by the first week of Feb 2015. 

If no satisfactory outcome is reached fresh strike dates for 4/5 days in the month of February would be announced. Circular Follows 
Bank strike deferred on IBA’s improved offer-Hindu Business Line

New Delhi, January 19:  

The proposed four-day all India bank strike from January 21 stands deferred.

The decision of the bank unions to defer the strike comes in the backdrop of IBA improving its offer to hike salaries by 12.5 per cent of the payslip amount, say sources in the banking industry.

The strike has been deferred on two main counts.

 

First, the IBA requested the strike plan be dropped as it was looking into the unions’ demands.

 

Secondly there was no consensus among the nine main bank unions on whether they should go ahead with the strike.

Bank employees unions keep four-day strike call on hold-Business Standard-19.01.2015 10 p.m.

Threaten to go on strike in February

Giving relief to millions of bank customers, Bank employees Unions tonight decided to keep their four-day strike call on hold. The decision follows assurance by Indian Banks’ Association to resolve wage issue by first week of February.

Unions had given call to strike work from Wednesday (January 21, 2014.)

M V Murali, Convenor of United Forum of Bank Unions (UFBU) in a statement said “if there is no satisfactory outcome, fresh dates for four or five day strike action in February would be announced.”

Earlier they had differed one day strike on January 07, 2014 with bank managements improving their wage increase offer to 12.5 per cent from 11 per cent. Bank Unions had also climbed down from their stated demand of 23 per cent wage increase to 19.5 per cent

Link Business Standard