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4 day bank strike from Feb 25
Highlights
Unions in the banking sector on Tuesday decided to strike work for four days (February 25-28) as the Indian Banks\' Association (IBA) has not come out with any attractive proposals, said a union leader. \"IBA has not come out clearly on the wage revision.
Chennai: Unions in the banking sector on Tuesday decided to strike work for four days (February 25-28) as the Indian Banks' Association (IBA) has not come out with any attractive proposals, said a union leader. "IBA has not come out clearly on the wage revision. They are offering 13 per cent hike as against their earlier offer of 12.5 per cent," All-India Bank Employees Association general secretary Ch Venkatachalam said over phone from Mumbai. Wage negotiations between United Forum of Bank Unions (UFBU) and the IBA were held in Mumbai on Tuesday.
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