Indore : Bank employees have given a nationwide strike call on November 12 to press for immediate resolution of wage hike and issues related other service conditions.

The United Forum of Bank Unions ( UFBU), an umbrella organisation comprising various employee bodies, has given the strike call.

President of Award Staff Employee Union and representative of UFBU, L Madhuraj said that the strike has been called due to the negative approach of Indian Banks Association ( IBA) towards the wage revision on the employees.

“ About 10 lakh employees and officers will go on strike on November 12 for pressing the demands of wage revision, 100 percent dearness allowance to the retired employees of the banks and five- day week schedule,” Madhuraj said.

Talking to Free Press, Madhuraj said “ We are forced to go on strike. Our wage revision is pending since 2012 and we are fighting for it from a long time.

We have demanded a wage revision of 20 percent but the Indian Banks Association has rejected our demand for higher wages and is sticking to their earlier 11 per cent hike.” A meeting of UFBU representatives and the IBA representatives was held on September 17 and September 26 but failed after which the unions have decided to go on strike.

“ As per the prepared schedule of our movement against the stubborn behavior of IBA, we will stage a nationwide demonstration on October 17 and will agitate at the capitals of all the states from October 18,” Madhuraj said.

“ We are also against the reformation of bank structure as Indian Bank Association is trying to make the interference of private industries in bank.

More than 15 percent employees have left the banks and the condition is going to worsen in coming days due to increasing pressure.

Fixation of working hours of the employees and the officials is also our main agenda,” he added.

The president of employee union also informed Free Press that the IBA has given nod on compassionate appointments after a long fight.

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