UFBU Defers Proposed Bank Strike till Further Notice
It was decided that a high-level committee of IBA and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays
Hyderabad: United Forum of Bank Unions (UFBU) has decided to defer their proposed strike till further notice.
A decision to this effect was taken during a between Indian Banks Association (IBA) and UFBU. After due deliberations, it was decided that a high-level committee of IBA and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays.
This committee will explore all possible alternatives; discuss with all stakeholders, and work out a solution acceptable to all stakeholders and, more importantly, the customers.
As regards the PLI Scheme for Scale IV and above officers, the discussions can start with IBA to propose modifications to the government in the scheme to address the observations of the unions and associations.
The residual issues as listed in the minutes dated March 8, 2024 will be discussed between the parties for expeditious resolution. In view of the above, it was agreed by the UFBU that the proposed agitational programmes and strike actions will be deferred, according to a statement.
