Bank employees threaten to go on nationwide strike

Mumbai, May 27: State-owned bank employees have threatened to go on a one-day nationwide strike on June 12, if their demands are not met.

C H Venkatachalam, United Forum of Bank Unions (UFBU) Convenor said, "We have decided to go on strike on June 12." UFBU, the parent body of nine employee unions in India claims to have large membership in public, private and foreign banks.

In 1990s, the bank employees were given an option to have Provident Fund (PF) or pension. Those who had opted for PFs are demanding another chance to choose pension. Apart from pension issue, other demands of UFBU include compassionate appointment with a retrospective effect from 2004, termination of staff outsourcing and wage revision.

Venkatachalam added that the bank managements have not taken necessary steps to resolve the issues faced by the employees.

OneIndia News