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Bank Employees Stage Nationwide Strike Over Long-Pending Demands
Bank employees across India went on strike on Friday.
They were protesting over issues they say have not been solved for a long time.
The employees want banks to operate five days a week.
They also oppose a performance-based payment scheme they consider unfair.
The unions want more staff to be hired in banks.
They are asking for better pension, gratuity and medical insurance arrangements.
They also want benefits for more retired bank employees.
Union leaders asked the Government and bank managers to negotiate and solve the problems within a set time.
Bank employees and officers across India observed an All-India strike called by the United Forum of Bank Unions.
The unions demanded immediate settlement of long-pending issues and opposed unilateral policies affecting the banking sector.
Key demands included five-day banking, withdrawal of the Performance Linked Incentive scheme and increased bank recruitment.
Unions also sought changes involving pensions, gratuity, medical insurance and benefits for retirees.
Leaders urged the Government and bank managements to hold meaningful negotiations and reach a time-bound settlement.
- Who
- Bank employees and officers across India, represented by the United Forum of Bank Unions and affiliated unions.
- What
- They observed an All-India strike over long-pending demands and policies affecting the banking sector.
- Where
- Across the country, with a gathering reported in Vijayawada.
- When
- On Friday; the articles do not provide a specific date.
- Why
- To seek settlement of employee and retiree demands, including five-day banking, staffing, pension changes and withdrawal of the Performance Linked Incentive scheme.
Key facts
- Strike organizer
- United Forum of Bank Unions (UFBU)
- Main demand
- Immediate settlement of long-pending employee and retiree issues
- Workweek demand
- Implementation of five-day banking
- Policy opposed
- The Government’s unilateral and discriminatory Performance Linked Incentive scheme
- Staffing demand
- Adequate recruitment of clerical and sub-staff
- Pension demand
- Conversion of the National Pension System into the Old Pension Scheme
- Negotiation demand
- Meaningful talks and a time-bound settlement by the Government and bank managements
Sources
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