The United Forum of Bank Employees has decided for a nation wide bank strike on 12-11-2014 demanding settlement on wage revision. The Indian Bank’s Association and the central government are resorting to a negative tactics to deny the bank employees, a reasonable wage hike. Initially the bank unions had demanded 30 per cent hike but has come down to 17.5 per cent which was given in the last wage agreement. But the IBA and the government is taking an adamant stand of only 11.5 per cent hike on the plea that they have to transfer a sizable amount of profit towards NPA (Non- Performance Assets) or bad loans.Why should the bank employees suffer for bad loans taken by the rich and corporates.

AIBDPA fully supports the strike and extend our solidarity to the striking bank employees.