DIMAPUR, JANUARY 30 (MExN): Banking services across India, particularly in PSU banks, will be affected for two days -January 31 (today) and February 1 as several bank employees' unions have decided to sit on a two-day bank strike in protest against the unwarranted delay in wage revision by the Indian Bank’s Association (IBA). This means banks will be closed for 3 days as February 2 is a Sunday.
Joining the protest, all Public Banking Sector (PSU) in Nagaland including the State Bank of India (SBI) will be shut for two days even as its employees will hold demonstrations outside the SBI regional office, Naga Shopping Arcade, Dimapur from Friday, 10 am onwards.
A press statement issued by AIBOC Nagaland state unit secretary, TAP Paul on behalf of United Forum of Banks’ Union (UFBU) said the bank employees were demanding wage revision settlement at 20% hike on pay slip components with adequate loading, 5 days banking only, merger of special allowance with basic pay, updation of pension, improvement in family pension, exemption from Income Tax based on Operating Profits, defined working hours for officers and to scrap the New Pension Scheme among others.
The UFBU consists of 9 bank unions of employees and officers including AIBEA, AIBOC, NCBE, BEFI, INBEF, INBOC, NOBW and NOBO. Thousands of bank employees, who have been waiting for a pay hike since November 2017, are expected to join the strike.
The Union has also requested private banks and all other banks which are not under UFBU to kindly cooperate and participate in this agitation programme.
