IBA instructions on Bank Strike on 7th Jan 2015

IBA instructions on Bank Strike on 7th Jan 2015, 21st to 24th Jan 2015 and indefinite strike from 16th March 2015 – IBA instructions to Banks

No.CIR/HR&IR/Q/2014-15/1084

December 23, 2014

To

Chief Executives of Member Banks

which are parties to the Bipartite Settlement

Dear Sirs,

Notice of Strike by United Forum of Bank Unions

The Convenor of United Forum of Bank Unions (UFBU) has served a notice of strike dated 22nd December, 2014 (copy enclosed) informing us of their decision to go on All India Bank Strikes as per details enclosed, demanding immediate withdrawal of IBA’s direction to Banks to re-visit the Mandate & immediate settlement of wage revision. A copy of the Notice listing their demands is also enclosed.
In the event of the strike materializing on the 7th & from 21st to 24th January 2015, we request you to take necessary steps/action including enforcing wage cut as may be necessary as per extant Government guidelines and guidelines issued by IBA from time-to-time and our circular No.PD/CIR/76/Q/ 177 dated 3rd May, 1993 and our circular No.CIR/HR&IR/76/Q/2009-10/ 1224 dated 25th August 2009. Please also advise all your branches/offices to prominently display a suitable notice regarding the proposed strike on as mentioned above for the benefit of customers and the general public.
We note to keep member banks informed of developments arising out of conciliation proceedings, if any, which may be initiated by the Conciliation Officer.

Yours faithfully,

(KS Chauhan)

Senior Vice President