Employees Of Government-Owned Banks Threaten Two-Day Strike From Jan. 31  
File photo of bank employees shout slogans as they hold a demonstration as part of their two-day nationwide strike to press for wage revision, in Bengaluru. (Source: PTI)

Employees Of Government-Owned Banks Threaten Two-Day Strike From Jan. 31  

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Bank unions have threatened to go on a two-day nationwide strike beginning Jan. 31 to press for early wage revision.

The wage revision for employees of public sector banks is pending since November 2017.

The strike call has been given by the United Forum of Bank Unions, an umbrella body of the nine bank unions including All India Bank Officers' Confederation, All India Bank Employees Association and National Organisation of Bank Workers.

If proposed strike materialises, it will coincide with beginning of the Budget session and presentation of Budget 2020-21.

UFBU in circular alleged rigid approach of the Indian Banks' Association on demands for a fair wage revision settlement.

"In this background, the meeting of UFBU held at Mumbai on Jan. 13 came to the unanimous and inescapable conclusion that intensified agitational actions have to be resorted to press our demands for reasonable resolution and satisfactory settlement," it said.

Unions are demanding wage revision settlement at 20 percent hike on pay slip components with adequate loading.

In the past wage settlement, which was for the period Nov. 1, 2012, to Oct. 31, 2017, the employees got a 15 percent hike.

Earlier this month, a section of bank employees had gone on a day-long strike on Jan. 8 in support of 10 major trade unions' protest call against the government's "anti-people" policies.

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