The all-India bank strike called for February 28 stands as the conciliatory talks between bank unions and the Indian Banks’ Association (IBA) yielded no result here on Tuesday.
The United Forum of Bank Unions — the umbrella body of nine bank unions — has, therefore, decided to proceed with the proposed strike on February 28, CH Venkatachalam, General Secretary, All India Bank Employees Association, told BusinessLine .
The unions had, among other things, demanded “legitimate compensation” for employees and officers for the extra hours of work performed during the demonetisation period. They also sought immediate introduction of five-day banking.