MUMBAI, SEPT 26:
With bank management’s unwilling to improve the wage hike offer and other service conditions, Bank unions will go on a strike, according to CH Venkatachalam, General Secretary, All India Bank Employees Association.
The bank-wide wage negotiation meeting between the bank managements and the unions on Friday ended in a stalemate.
Venkatachalam said the date of strike will be decided in consultation with all trade unions in the banking sector.
While the bank managements, under the aegis of the Indian Banks’ Association are for 11 per cent increase in wage bill, unions say this is not enough.
“Besides increase in the cash component of the salary, we also want improvement in pension benefits, enhanced healthcare benefits, and five-day banking, among others,” said Venkatachalam.
http://www.thehindubusinessline.com/industry-and-economy/banking/banks-unions-to-go-on-strike-for-wage-hike/article6450172.ece
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