PSU Banks Employees Strike on 22 august to protest against government's move to privatise public sector banks
PSU Banks Employees Strike on 22 august to protest against government's move to privatise public sector banks

AIBOC, AIBOA, INBOC and NOBO Joint Circular – 48 hours strike stands as CLC intervention failed – In response to the strike notice served on IBA, CLC(Central) had invited the four officers’ organisations for a conciliation meeting today at New Delhi. Representatives of IBA and Government were present in the said conciliation exercise.

Our submissions were made by presentation of a detailed note covering the ill effects of the proposed merger of Banks and the cascading effects on general masses and also on the economy of the nation. We also effectively presented our views on the issues of wage revision and unconditional mandate and the shifting stand of IBA. Updation of pension, the need to revise family pension along with empirical evidence to support our views were also emphatically placed before CLC(C).

AIBOC AIBOA INBOC NOBO Concilation Meeting with CLC
Concilation Meeting with CLC Failed, 48 hours Strike Stands

Representatives of DFS presented their views on the need for the proposed mega merger of Banks, which was also countered by our representatives during the course of discussion. IBA representatives expressed their views and appealed to CLC(C) to prevail upon the representatives of officers’ organisations to review the decision with the proposed strike. As the standpoints made by the officers’ organsiations were supplemented with facts and figures, CLC(C) advised that high power committee from IBA should engage with the four officers’ organisations with utmost priority. He further directed both the parties to keep him abreast about the developments in the discussion.

Though the discussion was held in a cordial atmosphere, the end result was not encouraging. Hence the 48 hours strike stands.

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