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CIRCULAR No

The United Forum of Bank Unions (UFBU) held a conciliation meeting with the Chief Labour Commissioner regarding their planned strike on May 30th and 31st. UFBU representatives informed the CLC that the strike was necessary as the Indian Banks' Association (IBA) had only offered a 2% pay hike after a year of delay and did not agree to include all officers up to Scale VII in wage revisions. IBA did not provide any positive response to UFBU's demands at the meeting. As a result, UFBU decided to go ahead with the planned two-day strike on May 30th and 31st as scheduled.

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34 views1 page

CIRCULAR No

The United Forum of Bank Unions (UFBU) held a conciliation meeting with the Chief Labour Commissioner regarding their planned strike on May 30th and 31st. UFBU representatives informed the CLC that the strike was necessary as the Indian Banks' Association (IBA) had only offered a 2% pay hike after a year of delay and did not agree to include all officers up to Scale VII in wage revisions. IBA did not provide any positive response to UFBU's demands at the meeting. As a result, UFBU decided to go ahead with the planned two-day strike on May 30th and 31st as scheduled.

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Positive Thinker
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UNITED FORUM OF BANK UNIONS

(AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO)
C/o. State Bank of India, LHO, Plot No.1, Sector-17A, Chandigarh - 160 017
Phone (Ofce) : 0172-4567142, 4567042, 2702518 Fax – 0172-2721716
Mobile – 09417032548 e-Mail – ufu.chd@gmail.com
K K NAIR SANJEEV K. BANDLISH
Chairman Convenor

CIRCULAR No. UFBU/2018 28-05-2018/ New Delhi

TO ALL CONSTITUENT UNIONS

Dear friends
OUR CALL FOR STRIKE - CONCILIATION MEETING

In response to our strike notice, Chief Labour Commissioner (Central),


Ministry of Labour, Government of India had convened a conciliation
meeting today in his office. UFBU representatives attended the meeting.
Representatives of IBA and Ministry of Finance also attended. From our
side we informed the CLC that the strike has been forced on the UFBU
since IBA, after a delay of one year, had made a paltry offer of 2% hike
and also did not agree to cover all officers upto Scale VII in the wage
revision. We also pointed out that bad loans and consequent losses of
Banks cannot be linked to wage revision as all Banks are earning
Operating profits. CLC wanted IBA to reconsider their stand.

IBA did not come out with any positive offer in respect of our
demands and hence it has been decided to go ahead with the
strike on 30th and 31st May, 2018.

Friends, Go ahead and make the strike a thunderous success.

With greetings,
Sd.. AIBEA Sd.. AIBOC Sd.. NCBE
Sd.. AIBOA Sd.. BEFI Sd. INBEF
Sd.. INBOC Sd.. NOBW Sd.. NOBO

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