IDBI Bank employees to go on 2-day strike

Chennai: IDBI Bank employees along with the members of various bank unions would hold a two day strike later this month demanding wage revision.

The wage revision for employees and officers of IDBI Bank is due from November 1, 2012 to October 31, 2017 on the lines of settlement in all other banks, AIBEA General Secretary, CH Venkatachalam said in a statement.

Noting that the wage revision was already settled in other banks, he said, the negotiation talks were underway for next wage revision due from November one, 2017.

The all India strike in IDBI Banks will be conducted on October 24 and 25 by employees and officers demanding "overdue wage revision", he said. He said the Association along with other unions would extend "all out support"and will give a call for strike in all banks in support of the IDBI Bank.

"It is most regrettable and deplorable that the management of IDBI Bank has been delaying the issue unwarrantedly." he said.

"In view of the adamant attitude of the management (of IDBI), our 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 call for two day strike ", he said.

Venkatachalam said the Association had already taken up the issue with Finance Minister Arun Jaitley last month and would take up the issue again with him "very soon".

As part of the protest, he said the Unions would stage protest on October 23 in front of IDBI Bank branches. Senior representatives of the associations would take part in a demonstration in front of IDBI Bank head office in Mumbai on October 24, he added.