Friday, June 5, 2009

State-run bank staff to strike work June 12

A section of officers of state-run banks are planning to strike work June 12 following collapse of wage negotiations with their employers, an association of bank unions has said.

"United Forum of Bank Unions (UFBU), comprising of all nine unions of employees and officers in the banking industry, has given a call to observe one day all India protest strike," a union statement said.

It also threatened to intensify the agitation if its demands were not met.

The union, which claims membership of over a million staff, blamed the Indian Bank Association (IBA) for the collapse of the negotiations. The IBA is an association of 153 banks from the public and private sectors, as well as that are foreign-owned or urban cooperatives.

"We offered to sit together with IBA to find solutions provided there are no pre-conditions. However, IBA insisted that talks can be held only if UFBU withdrew the strike call," the union's statement read.

"UFBU reiterated that while they would be willing to discuss the issues with an open mind and avert the strike, such conditions for talks are not acceptable. In view of the rigid attitude and pre-conditions even for holding discussions, the UFBU unanimously decided to go ahead with the strike."

The government Wednesday had advised IBA and UFBU to settle the issue within seven days.

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