MORE PAIN POINTS
The wage revision for employees and officers of IDBI Bank is due from November 1, 2012 to October 31, 2017 on the lines of settlement in all other banks, AIBEA General Secretary, CH Venkatachalam said in a statement.
Noting that the wage revision was already settled in other banks, he said, the negotiation talks were underway for ne ..
The wage revision for employees and officers of IDBI Bank is due from November 1, 2012 to October 31, 2017 on the lines of settlement in all other banks, AIBEA General Secretary, CH Venkatachalam said in a statement.
Noting that the wage revision was already settled in other banks, he said, the negotiation talks were underway for ne ..
The wage revision for employees and officers of IDBI Bank is due from November 1, 2012 to October 31, 2017 on the lines of settlement in all other banks, AIBEA General Secretary, CH Venkatachalam said in a statement.
Noting that the wage revision was already settled in other banks, he said, the negotiation talks were underway for next wage revision due ..
Bank employees are planning to go on strike on December 16 during the Parliament Session against banking sector reforms such as privatisation of public sector banks (PSBs) and closure and merger of associate banks/other PSBs with State Bank of India.
It is not for the first time that bank employees are going for such a move in the country, they have always opposed privatization and the government has heeded their demands and has always gone slow in the privatization efforts.
The All-India State Bank Officers Federation (AISBOF) rejected the proposed 17.5 per cent wage hike and pension benefits and demanded a separate wage revision.
The Indian Banks Association (IBA) and United Federation of Banking Unions (UFBU) representing nine bank employee associations had agreed to the wage hike and pension benefits after a prolonged discussion in Mumbai.
"We do not agree with the proposed salary hike for bank employees. The SBI employees demand that the increase should be at par with the salary of the Central government employees," AISBOF vice-president SK Haldar said here"
The two-day strike by the bank employees ended on Friday with the Indian Bank Association (IBA) reportedly agreeing to the demand of the agitating bank employees for 17.5% hike in their salaries.During a conciliatory meeting the union leaders had with the Indian Banks' Association in the presence of the Chief Labour Commissioner, it was decided that they would soon hold bilateral talks on wage hike.
Bank officials said they would ensure that customers get the best of the services. But since banks function for half-day only on Saturday, customers may have some problems when banks resume work. Officials said they had no intention to hit the customers but then it was the decision of the IBA to roll back the earlier agreed hike of 17.5% which forced them to go on a two-day strike. But, the issue has now been resolved, they added.
Reports from various parts of the country including Mumbai, Kolkata and Chennai said there was a scurry for cash withdrawals from ATMs that had started running dry since yesterday.