The United Forum of Bank Unions (UFBU) has decided to proceed with its proposed three-day nationwide bank strike from September 28 to 30 after a conciliation meeting with the Deputy Chief Labour Commissioner on Tuesday failed to resolve the differences over its demands.
The development comes a day after the Finance Ministry appealed to bank employees to call off the proposed strike and settle their outstanding demands through discussions.
Read more - Mumbai student who studied on terrace & used neighbour’s Wi-Fi cracks JEE Advanced, gets IIT Delhi seat
The UFBU, which represents around 90% of the banking workforce, is primarily seeking the introduction of a five-day working week in the banking sector.
Bank strike September 28-30: What UFBU said after meeting
Following the conciliation meeting, the UFBU said it had responded to appeals from the Department of Financial Services (DFS), Indian Banks’ Association (IBA) and bank managements seeking a postponement of the strike.
“Responding to the appeal made by the Department of Financial Services (DFS), Indian Banks’ Association (IBA), Bank managements to defer the strike, we informed them that if there is any concrete and positive deve...