Public sector banks employees will go on zone-wise relay strike from December 2, 2014

Public sector banks employees across the country will go on zone-wise relay strike from December 2 to 5 to press for wage revision.

After the nation-wide stir (on Nov 12), the december strike will be preceded by demonstrations in each zone. Bank employees of Southern Zone will be the first to go on strike, on December 2, followed by Northern Zone (Dec 3), Eastern Zone (Dec 4) and Western Zone (Dec 5).

In the event of the issue remaining unresolved, we may be forced to resort to more strike actions, including indefinite strike, in the days to come says United Forum of Bank Unions (UFBU).

We hope the IBA (Indian Banks' Association) and the government would understand the seriousness of the issue and initiate steps to resolve it at the earliest, the union spokesman added.

The wage revision of public sector bank employees has been due since November 2012. While the unions demanded a 25 per cent rise in wages and later scaled it down to 23 per cent, the IBA stuck to its position of 11 per cent increase.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

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