Bank staffs to go on a strike on February 28  

Bank Strike

Around ten lakh bank staffs will go on a strike on February 28 as the conciliatory talks between  the United Forum of Bank Unions (UFBU) and the Indian Banks’ Association (IBA) generated no result.

The UFBU is an umbrella body of nine unions in the banking sector.

All India Bank Employees Association (AIBEA) General Secretary C.H. Venkatachalam said the Chief Labour Commissioner of the Ministry of Labour had called for a conciliation meeting in Delhi recently, reported The Economic Times.

“All attempts to find solutions to the demands raised by the unions yielded no result. So the United Forum of Bank Unions decided to proceed with the proposed strike on February 28,” Venkatachalam said.

“Ten crore employees and officers of public sector banks, private banks, foreign banks, co-operative banks and regional rural banks will strike work on that day”, he added.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.