All India Bank Strike for 2 days on 31 Jan & 1 Feb

January 29: The United Forum of Bank Unions (UFBU) has decided to launch non-stop agitation programmes and strike actions to force the Indian Banks Association (IBA) give up its rigid stand, which has resulted in the long-pending demand for a fair wage revision settlement.

The strike actions, which will begin with a two-day All India Strike on January 31 and February 1, 2020, will be followed by a three-day strike on March 11, 12 and 13. If the IBA still refuses to read the writing on the wall and continues with adamant anti-labour attitude, the bank employees, including the officers, will go on an indefinite strike from April 1, 2020. The strike coincides with the Union Budget Day on February 1, the first Saturday of the month.

Bank unions have called for a two-day nationwide strike starting January 31 after talks with the Indian banks Association (IBA) over wage revision failed to bear results. SBI and other PSU banks have notified their customers that services are likely to be affected due to the proposed two-day nationwide strike starting from January 31.