Bank nationwide strike: postponing two -day nationwide strike of banks

Bank nationwide strike: The Banking United Forum of Bank Unions (UFBU) have decided to withdraw the two -day India strike on Friday, 21 March, with a guarantee on its demands from the Finance Ministry and the Indian Banks of India (IBA). The Chief Labor Commissioner has decided to postpone the strike after calling all parties at a counseling meeting on Friday.

Currently postponed

The Finance Ministry and the IBA have promised to discuss the demands raised by the workers. It has now been decided to withdraw the strike. UF bye is a company established for bank employees of nine unions across the country. UFBU called for a nationwide strike for the first time on Tuesday 24 March, 25 March.

Member union

All India Bank Employees Union (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA), Bank Employees Union (Aiboa). The next debate on workers’ demands is scheduled for April 22, 2025. The IBA was asked to submit a progress report on the demands of the Union.

Union demands

1. To provide adequate branch employee. Adequate appointments should be made in all job cadres in banks.

2. All temporary employees working in the banking sector should be regularized.

3. All banks should have five days in a week connecting RBI, insurance companies and other sectors like the government.

4. Performance reviews, demonstration linked incentives (PLIs) should withdraw instructions related to the scheme. The Sangh argues that they are threatening jobs, creating differences between employees, violating the eighth joint note, and public sector banks (PSB) are hurting autonomy.

5. Bank officials and employees should be provided with attacks and misuse of non -Ninda public representatives.

6. Change the posts of Vacancy/Officer Director in public sector banks.

7. Solve pending issues in the Indian Banks Association (IBA).

8. The maximum limit of gratuity law should be increased to Rs 25 lakh. It should be given income tax deduction.

9. Prevent unjust labor policies in the banking sector.

Bank holiday

According to the rules of the Reserve Bank of India (RBI), the fourth Saturday of the month will be a holiday. This is the fourth Saturday on the next Saturday on 22 March. Therefore, banks will have a holiday. On Sunday, banks will have regular holiday. On Monday, March 24, banks act as usual. The Indian banks will work on Tuesday 24 March 25 March 25, after the trade union postponed the strike.