United Forum of Bank Unions serves one-day strike notice

The United Forum of Bank Unions - comprising nine constituent-unions - has served a notice to go on 24 hours continuous strike from the midnight of 23rd March to the midnight of 25th.

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Ostensibly, the strike move is to demand, among other things, the following.

* Adequate recruitment in all cadres.

* Regularisation of all temporary employees.

* Implementation of a 5-day work week in the banking industry.

* Immediate withdrawal of the recent DFS directives on performance review and PLI, which threaten job security, create division and discrimination amongst employees and

officers, violate the 8th Joint Note and undermine the autonomy of PSBs.

autonomy.

*Filling up the post of workmen/officer-directors in PSBs.

* Amending the Gratuity Act to increase the ceiling to Rs. 25 lakhs on the

lines of scheme for government employees along with exemption from income tax.

* Maintaining a minimum of 51% of Equity Capital in IDBI Bank by the Government.

Serving the strike notice, United Forum of Bank Unions has given a detailed justification for its stand on the aforementioned points with statistical numbers.

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