Employees of public sector banks in India will go on a two-day nationwide strike from 10 February.

 

The national strike follows the failure of talks between unions and management aimed at reaching a consensus on wage revision.

 

M V Murali, spokesperson for the United Forum of Bank Unions (UFBU) said: "The meeting before the chief labour commissioner between the unions and Indian Banks Association (IBA) failed to find an amicable solution."

 

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Ashwini Rana, general secretary of the National Organisation of Bank Workers said that the offer made by bank management did not take into account rising inflation, compelling the unions to stage protest.

 

In India there are 27 public sector banks with about 800,000 employees.

 

The wage revision of public sector bank employees has been due since November 2012.

 

A previous nationwide staff had occurred on 18 December 2013, after earlier discussions between public sector bank staff unions and IBA on wage revision failed on 14 December.

 

 

 

 

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