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Unions call all-India strike on December 27 to press for wage revision at IDBI Bank

The issue of wage revision at IDBI Bank, pending since Nov 2012, was discussed at a joint meeting of unions which decided on the all-India strike in December.

Edited by: India TV Business Desk, New Delhi [ Updated: November 24, 2017 16:26 IST ]
IDBI Bank staff had struck work many times on the matter,
IDBI Bank staff had struck work many times on the matter, including on two consecutive days in October.Photo:PTI

Bank unions have called a pan-India strike on December 27 in demand for the implementation of the long-pending wage revision at IDBI Bank.

The matter reached a flash point today after the United Forum of Bank Unions’ declaration of support to the strike call given by the All India Bank Employees' Association (AIBEA) and the All India Bank Officers' Association (AIBOA).

The wage revision for employees and officers at IDBI Bank is due from November 1, 2012, claimed C.H. Venkatachalam, general secretary, AIBEA, and S. Nagarajan, general secretary, AIBOA, adding that the exercise had already been completed in all public sector, private and foreign banks, as well as the Reserve Bank of India, Life Insurance Corporation, General Insurance Corporation, and Regional Rural Banks.

"Discussions for the 11th Bipartite Settlement ares also underway. We've been repeatedly taking up the pending revision with the IDBI Bank management as well as with the Government.

"We've met the Finance Minister. But the matter is being dragged endlessly," the leaders said in a statement issued today.

The matter has been raised on several occasions in the past as well. IDBI Bank staff had struck work many times, including on two consecutive days in October.

The unions claim that the management has not come forward to find an amicable solution to the issue.

The matter was discussed at a joint central committee meeting held in Delhi, which took a decision on the all-India strike in December.

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