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:
- 24 public- sector banks,
- 12 private banks and
- 6 foreign banks
have begun the 2 days’s strike from 22ndAugust to 23rd August 2012 for the above reasons and for demanding:
- stringent and effective measures to recover bad loans,
- pension revision,
- housing loan revision,
- a five-day working week and
- human resource related issues.
All India Bank Employees Strike in July 2012