Nationwide bank strike on 12 September

Chennai: The United Forum of Bank Unions, a body of nine bank unions, has announced a nation-wide strike on 12 September, after recent talks with the Chief Labour Commissioner over the implementation of an MoU failed.

According to a release from C H Venkatachalam, general secretary, All India Bank Employees’ Association (AIBEA), the unions will hold centralized demonstrations before the banks in all centres later on 7 September and 11 September.

The unions have been demanding for the implementation of an MoU signed by the Indian Banks Association (IBA) in March this year, agreeing to resolve demands on issues like pension option and stopping outsourcing in banks, among others.

However, the IBA has been delaying the matter for the six months, the release said adding the Chief Labour Commissioner Mukhopadyay did not give any assurance for holding discussions with the unions and settling the demands, at a meeting in New Delhi on 3 September.

“If the IBA continues to be adamant (even after the 12 September strike), the unions will chalk out further intensified programmes," Venkatachalam sain in the release.

The release also recollected the AIBEA’s meeting with Prime Minister Manmohan Singh in New Delhi on September one, calling for his “immediate intervention into the wrong policies pursued by the banks."

Further, a mass petition, carrying 1.4 crore signatures was also handed over to Lok Sabha Speaker Somnath Chatterjee, “who had assured that the petition wil be taken up for discussions in the Parliament."

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!