NATION-WIDE STRIKE BY BANK EMPLOYEES’ TABLED BY SMT. AMBIKA SONI, M.P.

(a) The main demand for nation-wide strike called by United Forum of Bank Unions(UFBU) is immediate settlement of wage revision under 10th Bipartite Settlement.

(b) Indian Banks’ Association(IBA) and UFBU have undertaken 14 rounds of meetings during the present settlement of wage revision. The Chief Labour Commissioner (Central) also called reconciliation meetings on 5.11.2014 and 10.11.2014 after receiving the strike notice from UFBU.

(c) IBA is open and flexible for discussions to carry the matter forward in order to arrive at an amicable resolution so that the relay strike in the first week of December could be avoided.
(d) It is not possible to quantify the loss being incurred. However, the inconvenience caused to public was minimized with the function of Automated Teller Machines(ATMs), online Banking services and other alternative channels.

(e) As per (c) above.

Details of Rajya Sabha Question:-

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
QUESTION NO 30
ANSWERED ON 25.11.2014

Nation wide strike by bank employees

30 SHRIMATI AMBIKA SONI
Will the Minister of FINANCE be pleased to state:

(a) the main demands of nation-wide strike called by bank employees;

(b) the efforts being made to resolve the contentious issues raised by the United Forum of Bank Unions;

(c) whether negotiations would be initiated to call off relay strikes in the first week of December throughout the country, if so, the details thereof;

(d) the loss being incurred by the industry because of the one day strike ; and

(e) whether conciliatory measures would be undertaken to resolve the issues amicably along with the details thereof?

ANSWER

The Finance Minister (Shri Arun Jaitely)

(a) to (e): A statement is laid on the table of the house. (As above)

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