Bank unions to go ahead with 3-day nationwide strike from Sept 28

New Delhi: United Forum of Bank Unions (UFBU) has said they would go ahead with the three-day nationwide strike beginning September 28, as a conciliation meeting before the Deputy Chief Labour Commissioner on Tuesday remained inconclusive.

The conciliation meeting was held a day after the Finance Ministry appealed to bank employees to refrain from resorting to strikes and resolve their remaining demands through dialogue.

UFBU, which claims to represent 90 per cent of the banking workforce, is primarily seeking 5-day banking among other demands. The strike, if it materialises, may impact banking services for five days as the weekend before September 28 is a holiday. It would coincide with the half-yearly closing of the banking sector.

“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 development towards implementation of our demand for introduction of 5 days banking, UFBU will consider the same,” UFBU said in a statement after the meeting with the Deputy Chief Labour Commissioner.