Question : BANKS STRIKE

(a) whether the banking services were affected across the country in the recent past in view of strike observed by the various Al! India Banking Employees Federation (AIBEF);

(b) if so, the details thereof along with the demands put forth by the AIBEF and the extent to which the banking services were affected and the losses incurred to the Government as a result thereof;

(c) whether the Government has accepted their demands;

(d) if so, the details thereof and if not, the reasons therefor; and

(e) the steps taken/proposed to be taken by the Government to avert such strikes in future?

The Minister of State in the Ministry of Finance (Shri Namo Narain.Meena)

(a) & (b) : There is no Union in the name of All India Banking Employees Federation (AIBEF) in Public Sector Banks. However, United Forum of Bank Unions(UFBU) comprised of five workmen Unions and four officers1 Associations had gone on two days strike on 22nd and 23rd August, 2012. The Banks had made all possible alternative arrangements to minimize the inconvenience to its customers.

(c) to (e): The pay scales of employees in public sector banks are determined as per the agreement between the management and Associations/Unions, every five years. The terms and conditions of service of Bank employees are regulated in terms of their service regulations.