UFBU Conciliation meetings inconclusive as UFBU still positive to strike
Hyderabad/UNI: Conciliation meetings, held by the Additional Chief Labour Commissioner S C Joshi with the United Forum of Bank Unions (UFBU), haven't yielded any positive result, as the latter has decided to demonstrate a nation-wide strike on March 15 and 16.
Informing on Thursday, the All India Bank Employees Union (AIBEA) General Secretary Ch Venkatachalam informed that Joshi held the Conciliation meetings with UFBU on Mar 4, 9, and 10 intending to avert the strike.
Later, he mentioned from the union's side that the leaders offered to reconsider the strike if the Union Government was to agree to reappraise their decision of privatising the Banks.
As the Finance Ministry representative could not give any such commitment, the conciliation meetings did not yield any positive impact, Venkatachalam said, adding that, hence it has been decided to go ahead with the strike for two continuous days.
About 10 lakh bank employees, officers, and managers of the banks will participate in the strike, he added.
We seek the cooperation and support of the people, in our struggle to save public sector Banks from privatization, the top union leader contended.
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