Banks to strike work on Fri

Leading bank unions threatened to go on a nationwide strike on Friday if the government failed to meet their demands including an early wage revision.

The National Organisation of Bank Officers claim more than 250,000 members would go on a nation-wide strike on Friday, as the government has 'so far' failed to resolve any of the issues raised by the organisation despite coming to an understanding with them last year.

Issues like recruitment and promotion policies, disciplinary proceedings and relief to officers due to the impact of VRS (voluntary retirement scheme) have remain unresolved, NOBO, an affiliate to BJP's Bhartiya Mazdoor Sangh, said in a statement.

Demanding early wage revision and reduction in interest rate on staff loans, NOBO said government discriminates between its own employees and the bank staff in income tax perquisites and the Centre should make efforts to bring it to an end.

All India Bank Officers Association expressed their solidarity for the strike.

AIBOA resented the growing attack on trade unions in different banks and the general tendency to by-pass unions, the statement said.

All India Bank Officers' Confederation would also participate in the day-long token strike.