GET Stock QuotesNews18 APP
News18 English
»
1-min read

Bank Staff Threaten to Intensify Stir in July, August Against Meagre Salary Hike

Earlier, the bank employees had observed a two-day strike on May 30 and 31 against the salary hike.

PTI

Updated:June 12, 2018, 8:34 PM IST
facebookTwittergoogleskypewhatsapp
Bank Staff Threaten to Intensify Stir in July, August Against Meagre Salary Hike
File image of a closed branch of SBI. (For representation only)
Loading...
Chennai: The United Forum of Bank Unions on Tuesday threatened to intensify their stir in July and August against the 'meagre' two per cent salary hike, officials said.

The bank employees had observed a two-day strike on May 30 and 31 against the hike.

The United Federation of Bank Unions, the umbrella organisation of nine bank unions, met here and congratulated the staff for observing the two-day strike, general secretary of the federation CH Venkatachalam said.

"It has been decided to further continue the struggle with more strikes. Having regard to the need for an amicable solution, it was decided to meet the higher authorities in the government and the banks", he told PTI.

"However, if no solution is forthcoming in these meetings, the United Forum of Bank Unions will proceed and announce more agitations", he said.

Meanwhile, a report from Tirupathi quoted senior vice-president of the National Confederation of Bank Employees, VVSR Sarma as saying that the bank staff would intensify the stir in a phased manner in July and August to press for their demands.

"Prior to intensifying our agitation, United Forum of Bank Unions decided to submit a memorandum on the wage hike issue and other banking developmental issues to finance minister Arun Jaitley by this month-end," he said.

Also Watch

| Edited by: Parth Sharma
Read full article
Loading...
Most Active
Company Price Change %Gain
Sun Pharma 626.90 +7.20 +1.16
Axis Bank 626.45 +3.00 +0.48
ITC 312.20 +4.75 +1.54
Tata Steel 582.50 +14.95 +2.63
Aurobindo Pharm 657.00 +21.70 +3.42
Company Price Change %Gain
Sun Pharma 627.30 +7.70 +1.24
RITES 308.30 +23.45 +8.23
Axis Bank 627.40 +3.55 +0.57
Shriram Trans 1,335.00 +14.75 +1.12
Tata Steel 583.00 +14.90 +2.62
Top Gainers
Company Price Change %Gain
Grasim 1,031.15 +31.70 +3.17
Lupin 873.50 +23.75 +2.79
Tata Steel 582.50 +14.95 +2.63
Vedanta 213.20 +4.40 +2.11
Adani Ports 377.90 +7.60 +2.05
Company Price Change %Gain
Tata Steel 582.60 +14.50 +2.55
Vedanta 213.15 +4.60 +2.21
Kotak Mahindra 1,272.40 +27.50 +2.21
Adani Ports 377.70 +7.75 +2.09
Tata Motors 255.60 +4.45 +1.77
Top Losers
Company Price Change %Gain
GAIL 387.90 -5.90 -1.50
Bharti Airtel 368.05 -3.95 -1.06
ONGC 163.20 -1.25 -0.76
Power Grid Corp 187.05 -0.65 -0.35
Wipro 278.90 -0.55 -0.20
Company Price Change %Gain
Bharti Airtel 368.45 -3.60 -0.97
ONGC 163.10 -1.00 -0.61
Wipro 279.40 -0.45 -0.16
Power Grid Corp 187.05 -0.25 -0.13
Bajaj Auto 2,665.85 -1.30 -0.05
Loading...
Loading...