Bank unions to go on relay strike from 2-5 December
Moneylife Digital Team 01 December 2014

The relay strike will start on 2nd December from South Zone. On 3rd December, the strike will take place in North Zone followed by East Zone on 4th December and West zone on 5th December, the UFBU has said


United Forum of Bank Union (UFBU) and National Union of Bank Employees have called for a zone-wise relay strike between 2 to 5th December, demanding early and justifiable wage revision. Due to the relay strike, bank transactions in various parts of the country are likely to come to a standstill.


In a regulatory filing, Chennai-based Indian Overseas Bank (IOB) and Indian Bank informed that the employee unions have served notice for the strike.


As per the notice, on 2nd December, southern zone consisting states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telengana and Union Territories of Lakshadweep and Puducherry will see the strike. On 3rd December, strike will be held in the northern zone comprising of Chattisgarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, New Delhi, Punjab, Uttar Pradesh, Uttaranchal, Rajasthan and Union Territory of Chandigarh.


Next day, on 4th December, the relay strike will take place in eastern zone consisting Bihar, Jharkhand, Odisha, Sikkim, West Bengal, North Eastern States and Union Territory of Andaman and Nicobar Islands. On 5th December, the unions will hold strike in western zone areas consisting of Goa, Gujarat, Maharashtra and Union Territory of Daman and Diu.


Indian Bank has informed that if the strike materialises, a section of the Bank's employees may take part in the proposed strike on the said dates, in which case, the normal functioning of the branches and offices of the Bank may get affected.


According to CH Venkatachalam, general secretary, All India Bank Employees Association (AIBEA), about 23,000 branches in south zone would be affected on 2nd December.


Last month, during the one day strike called by around eight crore cheque worth Rs5.60 lakh crore could not be cleared on 12th November, Mr Venkatachalam added.


Public sector bank employees have been calling for a wage revision from November 2012 and various talks with the Indian Banks' Association (IBA) were not successful even though the Unions have been conducting strikes over the years.


The UFBU is an umbrella organisation comprising of nine bank staff unions. According to earlier reports, there are 27 public sector banks in the country.

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