Financial institution Unions’ June 27 Strike Deferred

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Financial institution unions have determined to defer their June 27 strike

New Delhi:

Financial institution unions on Thursday deferred their proposed June 27 strike as Indian Banks’ Affiliation (IBA) agreed to provoke negotiation talks on their calls for.

The United Discussion board of Financial institution Union (UFBU), an umbrella physique of 9 financial institution unions, together with All India Financial institution Officers’ Confederation (AIBOC), All India Financial institution Staff Affiliation (AIBEA) and Nationwide Organisation of Financial institution Employees (NOBW) had threaten to go on strike to press for points associated to pension and the demand for five-days-a-week work.

As per the settlement with IBA, the negotiation talks on numerous pending points would start on July 1, AIBEA basic secretary C H Venkatachalam mentioned after a gathering held underneath the chairmanship of Chief Labour Commissioner.

Different calls for included an updation and revision of pension for all pensioners and removing the nationwide pension scheme and restoring the previous pension scheme for all financial institution staff. 

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