Public Sector Banks in India Strike for 2 days in August 2012

The United Forum of Bank Unions (UFBU)

had called for a ‘Two Days’s Strike’ in July 2012, in protest against:

The reforms and outsourcing of non-core activities in the banking sector in India,
The Government’s Policies of Liberalisation, Privatisation and Globalization in the Banking Sector in India,
The Banking Amendment Bill- 2011 containing provisions such as raising of shareholders’ voting rights from 10 per cent to 26 per cent in private banks and supersession of bank boards,
The unilateral implementation of the Khandelwal Committee Report on Human Resources Management in the Public Sector Undertaking Banks.

The Khanelwal’s Committ has recommended:

more outsourcing of non-core activities in a time-bound manner,
for raising the standard of recruitment, including methodology and content for testing,
computer skills will be mandatory for both officers and clerks,
that the minimum qualification for clerks should be Graduation and for Sub-Staff should be Class 10

However, the strike was postponed, as the Indian Banks’ Association (IBA) & the Labour Commissioner had called the UFBU for talks on the demands of the bank employees.

Now, as there is no positive response from the IBA & the Labour Ministry, nearly 10 lakh bank employees of: