Today, a meeting of UFBU and Bank Unions was held with the government representatives. Earlier, meeting was held on 18.03.2025 but any decision would not be arrived at. So next meeting was scheduled for 21.03.2025. Today, the meeting was attended by Bank Unions, IBA and Bank Management. As per the details available, the strike has been deferred. Consensus has been reached for most of the demands.
What UFBU said?
The adjourned conciliation meeting was held today, starting in the morning, with serious discussions on our demands. Representatives from the Indian Banks’ Association (IBA) and the Department of Financial Services (DFS) were present.
During the meeting, the Joint Secretary of DFS joined via video call and conveyed that the Finance Minister (FM) and the DFS Secretary had a positive discussion on the demand for five-day banking.
IBA proposed further discussions on key issues such as recruitment, Performance-Linked Incentive (PLI), and other concerns. The Chief Labour Commissioner (CLC) assured that he would personally monitor the issues, including the implementation of five-day banking.
The meeting has been adjourned and will resume in the third week of April. Given these positive developments, it was decided to postpone the strike planned for the 24th and 25th by a month or two.
All units are hereby informed that the strike has been postponed, and a detailed circular will be issued soon.
