All-India bank strike tomorrow

Update: 2010-09-15 00:00 GMT

GUWAHATI, Feb 26 - The United Forum of Bank Unions (UFBU), representing bank employees and officers across the country, will observe an all-India bank strike on February 28 opposing what it has termed as �anti-people banking and labour laws reform�, besides the government�s move to infringe upon rights of trade unions and outsourcing of permanent jobs.

The bank employees and officers will observe �badge wearing� and stage demonstration on February 27 at all centres, and they will observe total strike on February 28, said a statement issued by the UFBU North Eastern Region.

It said bank staff are demanding legitimate compensation to employees and officers for extra hours of work performed on demonetisation work and reimbursement of the cost to banks by the government. It also called for removal on the ceiling on gratuity and exemption of all superannuation benefits from income tax.

The other UFBU demands include extension of erstwhile pension scheme in bank in lieu of NPS, proper implementation of compassionate appointment scheme, adequate recruitment in banks, measures to recover bad loans, introduction of five-day banking, and negotiation of next wage revision process.

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