Nationwide Bank Strike Stands On May 30-31

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New Delhi: The proposed nationwide bank strike on May 30 and May 31 stands as the conciliatory talks convened by the Chief Labour Commissioner here on Monday failed, the UFBU has said.

The bank unions have been pressing for various demands, including wage revision in the wake of the proposal for a 2 per cent hike in salary.

The UFBU has demanded expeditious and early wage revision settlement. Also, the wage revision settlement should include all officers up to Scale VII, according to Venkatachalam. UFBU is an umbrella body of various bank unions like AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO.

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“Although the Chief Labour Commissioner tried his best to sort out the strike issue, there is no positive development. The strike stands,” C.H.Venkatachalam, General Secretary, All India Bank Employees Association told BusinessLine after the conciliatory meeting here on Monday.