Banks strike on 6,7 August-Mummy, there’s no money in the ATM

As you might be aware of the fact by now that a nation wide Bank’s strike is scheduled for 6^th and 7^th of August 2009.

This notice was served by the United Forum of Bank Unions which is a joint forum comprising of All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE), Bank Employees Federation of India (BEFI), Indian national Bank Employees Federation (INBEF), National organisation of Bank workers (NOBW) along with 4 other officers association that include All India Bank Officers confederation (AIBOC), All India Bank Officers Association (AIBOA), Indian National Bank Officers Congress (INBOC) and National Organisation of Bank Officers (NOBO).

The two main demands of these associations are:

Resume Negotiations Immediately and

Expedite Settlement of demands on wage revision, pension option and compassionate ground appointments/ financial compensation scheme.

This strike was actually planned for June 12^th, 2009 but was postponed to a later date as the Bank Unions were happy seeing the positive attitude of Indian Bank Association in increasing their wage bill by 17.5%.

But on June 17, 2009 one day after the date of planned strike, the IBA claimed that their previous promise of 17.5% increase in Wage bill is not possible and that they can only give 15% increase. This has pushed the Bank Unions to their limits who now after having waited for 1 month without any use, call for a nation wide strike for 2 days that is on 6 and 7 of August, 2009.

So what can you expect from the Bank Strike?

Well, if the strike call stays put, you can expect severe problems across the country. Since 6 and 7 of August are on Thursday and Friday, Saturday being a half working day for Bank, you are virtually away from Banking services four 4 days.

There may be severe shortages for money in the ATM’s so you better take your money now as you don’t know what’s in store for the next four days.

If there are any Utility payments due in these 4 days and there isn’t a penny in the ATM’s you can always use the Internet Banking facility provided by your bank.

Spread this message.

Note: The strike may be cancelled or deferred by the Unions if there is an acceptable promise made by the IBA.

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