Employees, Officers in IDBI bank to observe nation-wide strike from Oct 24

Hyderabad, Oct 13: Employees and Officers of IDBI Bank will observe a two-day All India strike from October 24 demanding overdue wage revision. All India Bank Employees' Association (AIBEA) and All India Bank Officers' Association (AIBOA) have decided to extend support to the strike, AIBEA General Secretary Ch Venkatachalam told UNI on Friday. He said the AIBEA and AIBOA will give a call for strike in all the banks in support of IDBI Employees and Officers shortly. Mr Venkatachalam said wage revision for employees and officers of IDBI Bank is due for the period from 1-11-2012 to 31-10-2017 on the lines of the Settlement in all other banks. In the case of all other Banks, not only wage revision was settled in May, 2015 wef November, 2012, the negotiation for the next wage revision due from November 1, 2017 is also underway. But it is most regrettable and deplorable that the management of IDBI Bank has been delaying the issue unwarrantedly, he said. Our units have shown utmost flexibility in order to resolve the settlement amicably but the management has been deliberately taking an untenable and unfair approach, he said, adding that the result is that the settlement is evading though the period of the settlement itself is going to end in the next few days. In view of the adamant attitude of the management, Mr Venkatachalam said, units in IDBI Bank -- All India IDBI Officers' Association and All India IDBI Employees' Association have once again decided to resort to agitation and have given the call for two days All India Strike on October 24 and 25 demanding immediate settlement of wage revision. The AIBEA General Secretary said 'It is most unfortunate that at a time when the Bank is suffering from huge bad loans due to Himalayan mismanagement, instead of taking the entire workforce together in redeeming the Bank to better health, the management is trying to victimise and penalise the staff by denying their legitimate wage revision. This cannot be countenanced and stomached by any organisation, he added. The Top Union leader said during our meeting with the Finance Minister Arun Jaitley on September, 15,, we apprised him and submitted a memorandum seeking his urgent attention to resolve the wage revision issue in IDBI Bank amicably and without further delay. We shall again take up the issue with him very soon. In the meantime, he called upon all unions in all the banks in all the states to send a letter to Finance Minister, Letter to Secretary, Department of Financial Services, Ministry of Finance and hold demonstrations before IDBI Bank branches on October 23. Leaders of State Federations/State Committees should participate in the demonstration on their strike day, he said and added that General Secretaries of AIBEA and AIBOA will take part on their strike day demonstration before Head office of IDBI Bank in Mumbai on October 24. Mr Venkatachalam said AIBEA-AIBOA Joint Central Committee meeting will be held at New Delhi on November 8, 2017 to decide industry-level agitational programme on this issue including a call for All India Strike by AIBEA and AIBOA in all Banks. UNI