11th Bipartite Settlement of Wage revision to Public Sector Bank Employees (PSB) - The National organisation of bank workers which is affiliated to BJP's Bharatiya Mazdoor Sangh has blamed communist union for lower wage for banker's in early 10th Bipartite settlement.
They also committed that they would meet the government to press for banker's demands in 11th Bipartite settlement which are in the interest of bank employees.
The various Demands by Bank Union in 11th Bipartite settlement are :
1. The demands include opposition to bank consolidation
2. Faster and need-based recruitment
3. Participation in discussions with managements and steps to deal with non-performing assets of banks.
4. The organisation said the status of bank employees should be restored to what it was 25 to 30 years ago.
5. The 11th bipartite wage settlement agreement, which is expected to revise bank employees' wages by November 1, 2017, is scheduled to get underway this month.
The National Organization of Bank Workers (NOBF) also said that they would also seek benefits on par with Central government employees who are given salaries and pension as per pay commission recommendations.
They blamed openly that it was "The 'communist unions' which hold sway over wage negotiations are responsible for the lower wages of bank employees.
Earlier settlement were not made on time and 10th Bipartite settlement was completed and paid after three years. Union said in the letter addressed to Prime Minister of India Sri Narendra Modi. In the letter they stated that
About 25 to 30 years ago, banking was among the top three professions and needs to be restored.
NOBF is the union of approx 40,000 of the 10 lakh bank employees. They also demanded that
the government should facilitate participation of the union in discussions with managements and the Indian Banks' Association (which negotiates wage settlements) as managements talk only with unions which claim to have 10% representation.