FM asks bank employee unions to withdraw strike call

February 21, 2015 21:21

Finance Minister Arun Jaitley today appealed to bank employee unions to call off their proposed four-day nationwide strike from February 25 as talks are on for a revision of wages of employees.

The minister said banks are already in negotiations with their unions and associations for wage settlement and "the bipartite negotiations in a cordial manner is the only available tool for settlement".

Public sector bank employee unions have given a call to go on a country-wide strike from February 25 to press for their wage-related demands.

In a statement, Jaitley appealed to all employees of PSBs and their unions and associations not to resort to agitation approach by participating in a strike and "call off the call for strike".

He said participating in the proposed strike is neither desirable nor affordable in the interest of the nation.

Earlier, United Forum of Bank Unions Convener M V Murali had said banks already had incorporated wage increase of 15 per cent into their accounting but their offering is 13 per cent only.

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