Question : BANKS STRIKE



(a) whether the various bank unions have given notice for strike in the recent past;

(b) if so, the details thereof along with the demands of the bank unions;

(c) whether the Government have reached any settlement with the Indian Banks` Association:

(d) if so, the details thereof; and

(e) the time by which the settlement of agreement is likely to be implemented?

Answer given by the minister


The Minister of State in the Ministry of Finance (Shri JayantSinha)

(a) & (b): Yes Sir, the Unions/Associations of employees of Public Sector Banks (PSBs) went on strike in recent past on following dates:

 All India strike on 10th & 11th February, 2014, All India strike on 12th November, 2014, Zone-wise relay strikes from 2nd to 5th December, 2014. 
The main demand was immediate settlement of wage revision of employees of PSBs under 10th Bipartite Settlement (2012-2017) and related issues.

(c)to (e): The Unions/Associations of employees of Public Sector Banks (PSBs) and Indian Banks` Association (!BA) representing managements of the banks have reached a consensus on the issue of wage revision in the last Negotiating Committee Meeting held on 23.2.2015. It shall be implemented as per the terms of the settlement.