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UFBU calls for two day strike

A meeting of the United federation of Bank Unions (UFBU) held in AIBEA Office in Chennai on Thursday decided to give a call for 2 (Two) Days’ All India Strike in all the banks all over the country on 24th & 25th September, 2008.

The strike has been called in the context of the Government’s attempts to hurry up with the Banking Reforms, like Privatisation of Banks, Merger of Public Sector Banks and to allow more foreign capital in Banks with full voting rights and the delay in resolution of our pending demands. N.K.Gaur, General Secretary, Punjab Bank Employees Federation said that Bank employees will oppose Banking Reforms viz. Privatisation of Indian Banks, Merger of Public Sector Banks and more FDI in Banks with full voting rights. He said that they will stress on the speedy implementation of the MoU dated. 25.2.2008 between IBA and UFBU on Pension Option, Wage Revision, Compassionate Appointments and other issues. Gaur said that the 2 Days’ Strike will be preceded by preparatory programmes like, Demonstrations, Deputations, Badge Wearing, Processions, Mass Rallies, etc. in the month of September, 2008. The 2 Days’ Strike will be followed up by further intensified agitational programmes including a call for Indefinite Strike in November/ December, 2008.

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