Two-day nationwide bank strike from Jan 31 over wage revision
United Forum of Bank Unions has decided to observe a two-day strike on January 31 and February 1, demanding early wage revision settlement which has been due since November 1, 2017, said the All India Bank Employees Association.Union Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1.
Banks will also hold a strike on March 11, 12 and 13. Also, an indefinite strike will be held from April 1.General Secretary, All India Bank Officers’ Confederation West Bengal Sanjay Das has stated that the nationwide strike has been called over several demands.
“The demands include—wage revision settlement at 20 per cent hike on payslip components with adequate loading thereof and scrapping off New Pension Scheme (NPS),” said Das.
There are several demands to hold the strike including the merger of special allowance with basic pay, updation of pension, improvement in the family pension system, five-day banking, allocation of staff welfare fund based on operating profits and exemption from income tax on retiral benefits without a ceiling."
Other demands include— a uniform definition of business hours, lunch hour etc in the branches, introduction of leave bank, defined working hours for the officers and equal wage for equal work for the contract employee," said Das. — ANI
https://news.rediff.com/commentary/2020/jan/16/...
Sure banking sector(mostly public sector NPAs) is going to hell but instead of asking for fundamental reforms which will benefit everyone,strike for wage revision. 
& what’s with NPS removal demand,it is probably the best thing that happened to Indian pension investment field in last few decades.
Government loots public ,public loots psu banks in the form of NPA
@guest_999 can u please explain “fundamental reforms”? want to know your opinion.
Just wanted to ask, salary increment which was promised in 2017, was not processed in 2020 also, is not fundamental?
And this salary increment was also promised because of strike in 2017. which was promised in 2014. You need to know the details instead of crying for anything and everything
I know bhai,my friend works in bank as po. Banking sector has changed so much from 2014,did anyone expected this huge amount of NPAs in bank before 2014. As long as public sector banks remain controlled by govt in the form of majority stake/ias officers in managing boards/cmd selection by govt etc nothing will change in the long term. IDBI NPAs reached 30% & it needed to be saved by LIC on govt instructions. How can you justify a salary increase for IDBI bank employees when such is the condition of their bank? By this logic every govt employee/public sector employee keeps getting increased wages irrespective of the performance of their organizations. How is this logical? Let banks improve their conditions first & then talk about wage revision unless you think banks running in huge losses have some magical source of unlimited funds from where they can give increased wages to employees irrespective of their financial condition.
privatization of bank is only solution
Fuck off
are u okay with it ? @rogerthat
yes ok to privatization bro
also i and other many banker need strikes to get this unpaid leave.
also things will change public will demand roll back of THIS step
as 5k 10k minimum balance will be the norm.
Psu is/was not built for money making machine, its single moto is to serve to customers and govt policies. So if someone is crying for loss then pls clear fundamentals.
PSUs are also not built for money eating,when bsnl eats 90000 crores & Air india eats 50000cr then that money comes out of public’s pockets in the form of less hospitals,less doctors,less schools,less teachers,less policemen,less judges,less electricity,less roads,less bridges,less [insert anything useful for public here]
In this brawl, we are ignoring the biggest money guzzlers, the politicians.
I believe this ominous class is reason of all sufferings of Indians.
Naam nimod aur politicians ki buraai…. Arre, tumhare naam se hi politician MODI chhalakata hai… 
Every PSB operating profit has increased after each financial year, The loans which are NPA and contribute upto 98% are corporate loans which are signed by political parties in power , MD and CEO.
A Bank staff working at branch is not responsible for this then how can even his salary linked to net profit.
Bank staff just need 1 week proper strike by closing branches, closing Data Centre, making ATM Cash dry and all of their issues will be sorted out, But have they unity to achieve their demand remains a big question.??
That’s like saying since my house is safe so why should I contribute to fight the fire that burnt down the entire colony. Also why do you say bank staff is not responsible for this. Let me explain it to you in similar words:
Bank staff just need 1 week proper strike by closing branches, closing Data Centre, making ATM Cash dry and all of their issues will be sorted out by demanding privatization of banks so that no political party/md/ceo can just hand out corporate loans that constitutes 98% of npa & bank will run in profits & salaries can be increased then , But have they unity to achieve their demand remains a big question.??
Guys. Have you seen banks in your eyes. Well most of you have. Try to see people from bankers’ prospective for once. They go to the bank at 9:00. Bank closes at 5 maybe. Real work starts at 5 and they go home 8-9-10, it depends. Bank POs n managers go to Home at last. What do they get? It’s very less compared to the work they put. My heart sinks when I see banks put their shutter half way through, and very small number of employees keep on working. They do a very thankless job. They need holidays, proper work life balance, proper salary and health care. They deserve it, 100%.
Completely agree with your point, after 5 they have to give details of all the transactions, check all the forgery,loan verification, confirm genuine transaction and if something goes wrong they have to pay from their own salary, Some peoples are ready to compare bank employees with food delivery guys. Really shameful. They dont understand how bank works, if even by mistake if they add 1 zero in front of 10 thousand then that 90000 they have to pay to from their salary which is their 2-3 months of salary.
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I know bhai,my friend works in bank as po. Banking sector has changed so much from 2014,did anyone expected this huge amount of NPAs in bank before 2014. As long as public sector banks remain controlled by govt in the form of majority stake/ias officers in managing boards/cmd selection by govt etc nothing will change in the long term. IDBI NPAs reached 30% & it needed to be saved by LIC on govt instructions. How can you justify a salary increase for IDBI bank employees when such is the condition of their bank? By this logic every govt employee/public sector employee keeps getting increased wages irrespective of the performance of their organizations. How is this logical? Let banks improve their conditions first & then talk about wage revision unless you think banks running in huge losses have some magical source of unlimited funds from where they can give increased wages to employees irrespective of their financial condition.
Post offices, electricity boards, railways, Air India etc all are posting losses since ages. Have you ever heard of stopping wage revision in any of these institutions.
Yes, PSU’s are not running as expected but the reasons for that are mostly government policies. Debt waivers, pressure for corporate lending, targets for unsecured lending (mudra etc.), Financial inclusion branches are factors which lead to poor financial status of banks. You cannot expect a PSU bank with tighter norms to generate profit inline with private banks. One is for service other is for business.
No doubt that PSU’s need a reform but you cannot expect a turnaround without support from its employees. Just compare the time spent by a banker in office to any other institution and you will realise that they too need a better work life balance. Not to forget, banks are one of the least corrupt govt led institutions.
Just for your knowledge, no one is getting special treatment, banks npa is because of government policies not because of their hardworking employees, its because of their decision makers, banks are making losses, now comparing salary, how u like ur salary same as what u r getting 10 -15 yrs back??
Bank employees are going on strike, because they are not fairly payed, If some is not fairly payed, then it leads to corruption. i can’t imagine if our banking system corrupts. You can help better
Swiggy/zomato delivery guys make less than bank POs that too without NPS & family health/life insurance & work same or more than bank employees. I know bank POs get at least ~38-40k in hand & SBI POs get even more with all their newspaper to furniture allowance not to mention good lease reimbursement for even cities like Mumbai.
Life itself is not fair,some are born poor some are born rich.If your organization is running in losses then you don’t get salary increase,as simple as that. Vote for a better govt to improve your bank’s financial condition & then ask for salary raise. Also corruptness has nothing to do with your salary,a rickshaw puller can return a bag full of lakhs & a billionaire can run away with thousands of crores of public money.
Swiggy/zomato delivery guys make less than bank POs that too without NPS & family health/life insurance & work same or more than bank employees. I know bank POs get at least ~38-40k in hand & SBI POs get even more with all their newspaper to furniture allowance not to mention good lease reimbursement for even cities like Mumbai.
Life itself is not fair,some are born poor some are born rich.If your organization is running in losses then you don’t get salary increase,as simple as that. Vote for a better govt to improve your bank’s financial condition & then ask for salary raise. Also corruptness has nothing to do with your salary,a rickshaw puller can return a bag full of lakhs & a billionaire can run away with thousands of crores of public money.
Swiggy, Zomato Delivery guys are unskilled labor and Bank employees are skilled labor. Dont compare Apple’s with Oranges. All the swiggy zomato delivery guy also had a chance at the same bank jobs. He who makes effort, gets it and reaps its rewards.