The United Forum of Bank Unions (UFBU) proposed the strike beginning 6 a.m. on May 30, till 6 a.m. on June 1, demanding early revision of wages. The move is likely to impact citizens severely as closure of bank for two days, falling at the end of the month will tinker with the processing of salaries of several professionals, which is usually done around the 30th of the month by most firms.
However, the bank unions clearly rejected the IBA offer. "We are yet to receive a suitable response in the matter", he added.
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About 10 lakh employees and officers from Public Sector banks, Private Sector Banks and Foreign Banks will take part in the strike.
The organisations calling for the strike, under the umbrella of UFBU, include All India Bank Officers' Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers' Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW), and National Organisation of Bank Officers (NOBO). The development, confirmed by IANS, was to enforce early wage revision demand. It was made effective from November 1, 2012.
AIBOC Joint General Secretary Ravinder Gupta also questioned the rationale of this "meagre" hike. "Is it fair to deny reasonable wage increase?" Wage revision talks between UFBU and IBA held in Mumbai on May 5 had ended in a failure. "Unions also demanded that as advised by the government, the IBA should complete the process without further delay", NOBW vice president Ashwani Rana said.