Mangalore : The Members of a Group of Bank Unions under United Forum of Bank Unions ( UFBU) held a protest meeting on Tuesday evening in front of State Bank of India near DCO and their leader Vincent D’ Souza announced the Bank Strike as on Dec 18 to press for their earlier demands and a raise in remuneration paid by bank management, and condemning the delay tactics adopted by these managerial officers.

10 lakhs of Bank employees will observe a day long strike to insist that the govt . at the center and IBA should pay a 17.5% increase in pay in view of technical work burden put on the employees since long years and against the delaying methods practiced by Bank managements in 2012 and till now, when negotiations on various occasions have failed and the employees faced disappointments.

The convenor of UFBU, Vincent threatened to intensify the drive to obtain a higher and reasonable pay scale for employees all over India.