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United Forum of Bank Union observes Black Day
TIWN May 28, 2018
United Forum of Bank Union observes Black Day
PHOTO : United Forum of Bank Union observes Black Day. TIWN Pic May 28

AGARTALA, May 28 (TIWN): Along with national level demonstration, United Forum of Bank Unions, Tripura members also observed black day ahead of their two days long strike.

The black day has been observed as a part of protesting against the privatization of banks and demanding salary hikes.

The two days long strike will be observed on May 30 and May 31.

The agitators said, the central govt is not cooperative to hike in the salary and allowances for the employees.

More than 10 lakh bankers in the public and private sector are planning to go on a strike by the end of May across India on those two days, the dates yet to be declared.

“It is a matter of shame that while thousands of crores of rupees are written off from profits towards bad loans of big corporates, the genuine demands of bank employees are being denied in this fashion,” one agitator said.

 “If the Finance Ministry does not intervene to make the IBA to make their improved offer, it has been decided to call for a 48-hour continuous strike by end of this month,” Sanjay Datta, General Secretary of AIBOC said.

Meeting on wage revision of the bankers between the United Forum of Bank Unions (UFBU) and IBA held in Mumbai failed to get a positive outcome.

IBA offered a hike of 2 per cent over the total wage bill of the banks as on March 31, 2017. IBA had earlier agreed for 15 per cent increase over the total wage bill in the 10th Bipartite Wage Settlement, made effective from November 1, 2012.

The unions have rejected IBA ’s offer of 2 per cent hike.

 
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