INSUBCONTINENT EXCLUSIVE:
Bank employees have organised a demonstrations on May 29
strike from May 30 to protest a nominal 2 per cent wage hike offered by the Indian Banks' Association (IBA).In the wage negotiation meeting
held on May 5, 2018, IBA made a propositions to offer 2 per cent hike in the wage bill cost as on March 31, 2017.It also maintained that the
negotiations on officers demands would be restricted up to scale III officers only."It is only because of provisions towards NPA that banks
have booked losses, and for this, bank employees are not responsible," United Forum of Bank Unions' convener Devidas Tuljapurkar told
reporters.He said in the last two-three years, bank employees have worked tirelessly for implementation of government initiatives such as
Jan-Dhan, demonetisation, Mudra and Atal Pension Yojana, among others."This has resulted into huge increase in their workloads," he said.In
the last wage settlement, which was for the period November 1, 2012 to October 31, 2017, IBA had give a wage hike of 15 per cent.Bank
employees have organised a demonstrations on May 29 at State Bank of India' branch main branch at Fort here.UFBU is an umbrella body of nine
unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of
