Bank Union's Demand 5 Days Banking in 11th Bipartite Settlement

Banker's  union has demanded 5 days banking for public sector bank employees. They have raised this issue for some time now and recently submitted their demands through Charter of Demands to IBA for 11th Bipartite Wage Settlement.


The major demands which were included the the charter of demands are :

1. ‘5 day week’ is to be implemented within a specific time frame, but not exceeding 6 months from the date of the settlement.

2. Number of Public Holidays under N.I. Act at present varies from state to state. It is proposed to fix it at 8 (Eight) uniformly throughout the country.

3. In addition, 4 optional/restricted holidays on notified festival days (national/state/local) may be given.

4. However, this is subject to the proviso that more than 1 optional/restricted holiday cannot be allowed to a person, in a month. Rules governing Casual Leave will apply to ‘optional/restricted holidays’ too.

5. No staff must be forced to work for more than 7 calendar days continuously, under any circumstances.

6. In case a staff member is forced to work on a Sunday/Public Holiday, compensatory off must be given within 30 days. This is in addition to the monetary compensation payable.
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