Published 4th December 2014

United Forum of Bank Union (UFBU) and National Union of Bank Employees have called for a zone-wise relay strike between 2 to 5th December, demanding early and justifiable wage revision. Due to the relay strike, bank transactions in various parts of the country are likely to come to a standstill. In a regulatory filing, Chennai-based Indian Overseas Bank (IOB) and Indian Bank informed that the employee unions have served notice for the strike.