Bank strike in AP, TS today
Bank strike in AP and TS today, Lakhs of bank employees across the country are going on strike once again, demanding a wage revision.
80,000 staff of public sector, old generation pvt banks to agitate
- Profit and business per employee increased significantly during 2007-12
- 17% wage hike was effected last time. This time, employees seeking 23% hike
- However, bank managements are ready to provide only 11% hike in wages
- Wage hike in govt, PSUs higher than what is being offered to bank staff
- Recovery of Kingfisher NPA alone can finance wage hike for 10 lakh bank employees
Hyderabad: Lakhs of bank employees across the country are going on strike once again, demanding a wage revision. All the public sector and the old generation private banks will witness the strike conducted by about 10 lakh bank employees across the country from December 2 to 5.
Around 80,000 employees in about 5,000 bank branches in Andhra Pradesh and Telangana will be participating in the strike on Tuesday.
The bank employees in the Southern Zone (Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana, Lakshadweep and Puducherry) are the first to go on strike, on December 2, followed by Northern Zone (December 3), Eastern Zone (December 4) and Western Zone (December 5), said All India Bank Employees Union General Secretary C H Venkatachalam.
Terming the November 12 one-day stir called by the United Forum of Bank Unions as a grand success, he said 23,000 bank branches would go on strike in the first phase in the Southern Zone.
This strike is in response to the call given by United Forum for Banking Unions (UFBU), an umbrella organization of bank unions in all the commercial banks representing employees of all cadres.
The wage revision of public sector bank employees has been due since November 2012. UFBU said the strike is to draw the attention of Indian Banks' Association (IBA) and government over the "anguish" of the employees.
