1 hr ago
Bank Unions Continue Three-Day Strike Over Five-Day Week Demand
Bank unions represent many bank employees.
They plan to stop working for three days, from September 28 to 30.
Their main request is that banks operate five days a week instead of more days.
They also want the performance-linked incentive scheme withdrawn.
The government and bank organizations asked them to postpone the strike.
They said the five-day proposal is still being discussed.
The unions said talks did not solve the disagreement.
If the strike happens, customers and businesses could face several days of disrupted banking services.
The United Forum of Bank Unions will proceed with a strike from September 28 to 30.
The unions are demanding a five-day banking week and withdrawal of the performance-linked incentive scheme.
The government says the five-day banking proposal remains under consideration and requires stakeholder consultations.
The unions said conciliation talks failed to resolve their main demand.
The strike, combined with the preceding weekend, could disrupt banking services for five effective days.
- Who
- The United Forum of Bank Unions, including unions representing public sector and regional rural bank employees, and the government, Indian Banks’ Association and bank managements.
- What
- Bank unions will hold a three-day strike while demanding a five-day banking week and withdrawal of the performance-linked incentive scheme.
- Where
- A conciliation meeting was held in New Delhi, while the strike concerns participating banks and their services.
- When
- The planned strike is scheduled for September 28, 29 and 30; the unions have also announced an indefinite strike from October 26 if demands remain unresolved.
- Why
- The unions say there has been no progress on introducing a five-day banking week.
Bank unions
Government and bank managements
Five-day banking week
Bank unions
The unions say the demand remains unresolved and are continuing the strike until progress is made.
Government and bank managements
The government and Indian Banks’ Association say the proposal is under consideration and requires consultation with stakeholders.
Strike action
Bank unions
The unions argue that talks failed and have instructed members to participate in the September 28-30 strike.
Government and bank managements
The government, Indian Banks’ Association and bank managements have urged employees to postpone or avoid the strike, citing disruption to customers, businesses and employees.
Employee participation
Bank unions
The United Forum of Bank Unions alleges that some bank managements are discouraging employees from joining the strike and calls this unfair labour practice.
Government and bank managements
Public sector banks, including Bank of India, Punjab National Bank and Bank of Baroda, have appealed to employees to avoid the strike and maintain uninterrupted customer services.
Key facts
- Strike dates
- September 28-30
- Main demand
- Introduction of a five-day banking week
- Additional demand
- Withdrawal of the performance-linked incentive scheme
- Previous strike
- A one-day strike was held on September 11
- Further action
- An indefinite strike has been announced from October 26 if demands are not addressed
- Government position
- The five-day banking proposal is under consideration and requires stakeholder consultations
- Potential impact
- The strike and preceding weekend could produce an effective five-day disruption of banking services
Quotes
United Forum of Bank Unions
Bank-union coalition representing participating bank employees’ unions
“Today we had a conciliation meeting. Our main demand is introduction of five days banking per week. They did not agree, so we are going ahead with our strike call”
freepressjournal.in
“We call upon all our unions and members to go ahead and implement the call for three days strike September 28, 29, and 30”
freepressjournal.in
Sources
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