Wednesday, August 5, 2009

Bank staff on strike from today

More than 900,000
More than 900,000 employees of India's state-owned, private and overseas banks will go on a two-day strike starting August 6, seeking higher wages and pension benefits, a trade union leader said.

“We seek expedition of wage revisions," C H Venkatachalam, convener of the United Forum of Bank Unions, said from the southern city of Chennai. "There is no question of calling off the strike now." The unions are demanding that Indian Banks' Association implement at least a 17.5% increase in salaries, provide pension benefits and employ family members of those who die in service.

About 26 state-run banks, 10 private banks and some workers at eight foreign banks are expected to participate in the strike, he said.

TOI

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