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Banks will shut on 10 and 11 February due to strike

This two-day all-India traditional bank strike call distributed by the United Forum of Bank Unions (UFBU) intended for February 10-11 stands for the reason that conciliatory talks held inside the Capital today failed.

The strike call stands for the reason that Indian Banks' Association (IBA) declined to raise their earlier offer you of wage boost of 10 per cent on payslip price, C. H. Venkatachalam, Common Secretary, All Indian Bank Employees' Association.

Efforts by Key Labour Commissioner B. K. Sanwaria, whom presided over the current meeting, to avert the strike failed to yield any consequence, sources close to the development said.

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