3-Day Bank Strike Deferred After Talks Between Bank Body and Unions
- The United Forum of Bank Unions deferred its planned three-day nationwide strike after receiving assurances from the Indian Banks’ Association.
- Banks were expected to operate on Monday, September 28, after the strike was postponed.
- The Indian Banks’ Association and union representatives will form a joint committee to discuss making all Saturdays bank holidays and establishing a five-day banking week.
- The two sides also agreed to discuss changes to the performance-linked incentive scheme for senior officers and other pending issues.
18 Articles
18 Articles
Bank Strike Shock: 3-Day Nationwide Shutdown Postponed At Last Minute - What's Changed?
The nationwide bank strike scheduled to begin on Monday, September 28, has been postponed following talks between bank unions and the Indian Banks' Association (IBA). The United Forum of Bank Unions (UFBU) announced the decision on Sunday night after
Bank Strike Deferred: UFBU, IBA reach late-night understanding; 5-day work week, PLI issues to be reviewed
NEW DELHI: The United Forum of Bank Unions (UFBU) has deferred its proposed three-day nationwide bank strike after reaching an understanding with the Indian Banks’ Association (IBA) during a late-night meeting on September 27. The strike was scheduled to begin on September 28 and could have affected banking operations across the country. The decision to defer the agitation came after representatives of the UFBU met the IBA at around 9:30 pm on S…
The proposed bank strike has been postponed after a meeting between the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU) on Sunday.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
