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Banks threaten nation-wide strike from Dec 21 till Christmas

Recently, the United Forum of Bank Unions (UFBU)  has announced to go on strike on December 21 which is a Friday. During the Christmastime, banking services across the country might come to a halt.

The United Forum of Bank Unions (UFBU), the umbrella unit for nine bank associations including the All India Bank Officers Confederation (AIBOC), have called of the strike against issues ranging from wage settlement and bank mergers. The union said the strike call on December 21 is against Indian Banks’ Associations move to leave officers in scale IV and above out of the bipartite wage settlement ambit.

AIBOC have the similar demands. “We demand full and complete mandate for officers (Scale I to VII) wage revision in 11th bipartite settlement,” AIBOC said in its bank strike notice, a copy of which was marked to the Chief Labour Commissioner in New Delhi.

December 21 being a Friday, bank services will be severely hit till December 26 — except for December 24 which is Monday — as bankers will enjoy weekends holidays as well as Christmas on December 25. Banks will remain closed on December 22 as being the second Saturday.

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