Banking services are likely to be affected for the next four days as employees of PSU banks plan to go on a zone-wise relay strike beginning with Southern region tomorrow, after wage revision talks failed here today.
The decision came after talks at a conciliation meeting called by the Deputy Chief Labour Commissioner of Mumbai, the Indian Banking Association (IBA) and the United Forum of Banking Unions (UFBU) failed. The UFBU represents about five workmen unions and four officers' associations.
Accordingly, the first phase of the relay strike would be held in Southern India tomorrow (December 2), followed by Northern India on December 3, Eastern India on December 4 and Western India on December 5.
Full Story- Bank unions on relay strike from tomorrow after talks fail - The Economic Times
The decision came after talks at a conciliation meeting called by the Deputy Chief Labour Commissioner of Mumbai, the Indian Banking Association (IBA) and the United Forum of Banking Unions (UFBU) failed. The UFBU represents about five workmen unions and four officers' associations.
Accordingly, the first phase of the relay strike would be held in Southern India tomorrow (December 2), followed by Northern India on December 3, Eastern India on December 4 and Western India on December 5.
Full Story- Bank unions on relay strike from tomorrow after talks fail - The Economic Times