The United Forum of Bank Employees has called upon the Bank employees to go on one day strike on 12th November demanding early wage revision. While the Bank Managements have offered 11.5 % fixation, the workers are not ready to accept the same. They demand the 17.5% fixation, which was given last year.
The Managements are expressing their inability to increase the % stating that they are in loss due to the huge NPA (Non-Performing Assets ie. bad loans). Who is responsible for the same. The bad loans are given by the management and workers are asked to suffer for the same. The strike is fully justified. Our full support and solidarity to the Bank Employees.