SME Times News Bureau | 15 Oct, 2018
The All India Bank Employees' Association (AIBEA) has denied issuing any
circular calling for five days of bank strike in November-end demanding
wage hike, said a top official on Monday.
He also said the bank
unions have rejected the Indian Banks' Association's (IBA) proposal to
link bankers' wages to operating profits and return on assets (ROA) as
only about six banks would be able to give higher wages over and above
the six per cent salary hike now being offered.
"We have not
issued any circular or notice informing of five days strike call given
by United Forum for Bank Unions (UFBU)," C.H. Venkatachalam, General
Secretary told IANS.
"Some malicious elements have cut-pasted the
union's letter head and my signature on a plain paper and added some
malicious message in the middle," he said.
On Sunday a message
was circulated in social media under AIBEA letterhead that the UFBU has
decided to call for five days continuous strike from November 26 to 30.
Queried
about the umbrella body of nine bank unions UFBU's decision on IBA's
proposal of six per cent wage hike and further increases to be worked
out based on the operating profits and ROA of individual banks, he said
the unions are not agreeable.
He said at the recent meeting of UFBU the IBA's proposal was discussed and was not agreed to.
"As
per IBA's proposal only employees of about six banks may get wage hike
over and above the six per cent offered, which is not agreeable. Salary
hike is linked to inflation and cost of living and not to the
performance of the banks," Venkatachalam said.