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Friday, January 27, 2023

Standing of 2-day nationwide financial institution strike might be identified on Jan 27

Chennai, Jan 25 The standing of the two-day strike introduced by the financial institution unions might be identified on January 27 when one other spherical of conciliation assembly between the unions and the administration might be held.

“The strike name for January 30 and 31 stands. On the conciliation assembly held by Deputy Chief Labour Commissioner in Mumbai on Tuesday, no concrete assurance on decision of our calls for emerged. Alternatively, the Indian Banks’ Affiliation (IBA) mentioned it was prepared to carry dialogue with the United Discussion board of Financial institution Unions (UFBU) inside 15 days,” C.H. Venkatachalam, Basic Secretary, All India Financial institution Staff’ Affiliation (AIBEA) advised IANS.

Based on him, the following spherical of conciliation assembly is posted on January 27 and as such the strike name stands.

The strike if it occurs might be forward of the Union funds to be offered by the Finance Minister Nirmala Sitharaman on February 1.

The UFBU is an umbrella physique of a number of financial institution unions which had earlier determined to go on strike to press their varied calls for.

The strike is to press for the next calls for: 5 days banking, updation of pension, residual points, scrapping of Nationwide Pension System (NPS), instant beginning of negotiation on constitution of calls for for wage revision, and satisfactory recruitment in all cadres.

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