- Crisis In Indian Banking Leads to Work Pressure and Driving Employees To Despair, Commit Extreme Steps
- Toxic work culture on the rise in banks
- 5DaysBanking: Bankers Urgently Demand 2 Days Off Per Week
- Banks see over 15% growth in new credit card addition: RBI data
- Banks Transfer ₹37,176 Crore to RBI’s Depositor Education and Awareness Fund in Last 3 Years
- Calls for Bankers’ Safety Amplified After Video of SBI Branch Manager Attack Goes Viral
- Nainital Bank Faces Privatisation Move Amid Staff Protests
- Whistleblowers Expose Nexus Operating from Three Banks
- Preserving RRBs: AIRRBEA Defends Rural Banking Against AIBOC-AIBEA Merger Proposals
- Union Bank of India’s new directive for weekend work at Retail Loan Points (RLPs) has sparked outrage among bankers
Joint Forum in Uttar Bihar Gramin Bank Declare Strike Against Unmet Demands
Uttar Bihar Gramin Bank unions have declared a two-day strike on December 9-10, 2024, citing unpaid PLI, pending promotions, and delayed arrears. The unions demand swift action to resolve these grievances.
Author: Saurav Kumar
Published: November 18, 2024
The Joint Forum of Uttar Bihar Gramin Bank (UBGB) Unions has issued a two-day strike notice for December 9 and 10, 2024, citing unresolved grievances of the unpaid Profit Linked Incentives (PLI), 12th BPS benefits like transfer compensation, etc. This decision comes after a meeting on November 12, 2024, where union representatives unanimously agreed to escalate their agitation following management's inaction on critical issues.
A section of the strike notice stated, “Despite repeated appeals, the management's indifference has led to dissatisfaction and unrest among employees. The union urges immediate action to resolve these demands to avoid disruption.”
Key Demands by the Joint Forum
The Joint Forum highlighted the grievances on pending benefits that are as follows.
1. Pending PLI Payments: Employees are awaiting six months of unpaid Profit Linked Incentives (PLI), which were previously promised during earlier negotiations.
2. Promotion Policy: Despite vacancies identified for 2023-24, the bank has not initiated the promotion process, leaving employees in uncertainty.
3. Compensation on Transfers: The forum highlighted delays in implementing compensation as per the 12th Bipartite Settlement (BPS). The delay, despite clear directions from the Department of Financial Services (DFS) dated July 8, 2024, violates employees' entitlements.
4. Transport Arrears: Management has failed to disburse arrears owed to employees, despite repeated assurances. This inaction has dampened morale across operational units.
5. NPS Payments: Employees who joined UBGB between 2010 and 2018 have yet to receive their pending National Pension System (NPS) contributions for 2018-20, leading to financial uncertainty among affected staff.
The unions have expressed their preference for dialogue over confrontation but warned of indefinite strikes if their demands remain unmet. A member of the Joint Forum told Kanal, “Our intention is to ensure justice for employees and address grievances amicably. However, the management’s apathy leaves us with no choice but to protest.”
On August 8, 2024 nearly 2000 employees under the banner of Joint Forum of UBGB Unions protested at the headquarter in Muzaffarpur against the unresolved demands of PLI and 12th BPS.
The forum has called on the bank's leadership to act promptly, ensuring that employee welfare remains a priority to avert further unrest. The DFS and other stakeholders have also been apprised of the situation.