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IDBI Bank employees to strike work

The employees of IDBI Bank would strike work on 12 April. Some 15,000 employees are expected to join the one-day strike, organized to demand wage revision. The strike has been supported by the All India Bank Employees’ Association (AIBEA). It said in a circular to its members that a wage revision settlement in IDBI Bank for employees and officers is due from November 2012. AIBEA general secretary C.H. Venkatachalam said the wage revision settlement to the banking sector was concluded in May 2015, but a wage revision which is due in IDBI Bank for employees from November 2012 is still lingering on and remains inconclusive.

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