UFBU to launch country-wide agitation in December

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Jamshedpur, Nov 4 (UNI) United Forum of Banks Unions (UFBU), a combination of nine unions of 19 national commercial banks, have decided to demonstrate before Parliament during the forthcoming winter session and would launch nation-wide indefinite strike if the UFBU's demands were not fulfilled.

Vice-president of Bank Employees Federation of India (BEFI), the fourth largest unions of UFBU, and the president of All India Union Banks Employees Federation (AUBEF) Shanti Bardhan today said the UFBU was not satisfied with the Indian Banks' Association (IBA) for its lackadaisical attitude to redress the demands of the bank employess.

Mr Bardhan, who came here to attend the the third biennial conference of Union Banks Employees Association of Jharkhand state, said the UFBU would meet the chairman of IBA soon to discuss the long stading demands such as privatisation, merger or acquisition in public sector banking, outsourcing of core funtions, non-recruitment against thousands of vacancies and continued denial of coverage of more than 60 per cent of the employees under the pension scheme and compassionate appointment of the next of kin of the deceased employees.

He said a meeting of UFBU, held on November 26, also demanded new charter of demands for the ninth wage revision, which was submitted to IBA on November 29 by the five workmen unions of UFBU.

He said the wage revision issue was also discussed in today's conference.

More than 300 Union Bank employees from all over the states and the delegates of AUBEF and BEFI also attended the conference.


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