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Bank unions strike tomorrow

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New Delhi: The United Forum of Bank Unions (UFBU) have threatened to go for a one-day strike on February 28 (Tuesday) to press for several demands including wage revision and accountability of top executives in view of mounting bad loans in the banking sector.

As per sources, most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.

But the functioning of private banks like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank is expected to be normal except delay in cheque clearances sources said.

Two of the Bharatiya Mazdoor Sangh affiliates National Organisation of Bank Workers and National Organisation of Bank Officers are not part of the stir.

Likewise, the conciliation meeting before the chief labour commissioner on February 21 failed to break the logjam as the bank management represented by the Indian Banks Association did not agree to demands and put conditions, said General Secretary C H Venkatachalam, All India Bank Employees’ Association (AIBEA).

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