Bank employees belonging to nine unions have decided to go ahead with their one day strike on June 12, after their talks with Indian Banks Association failed on Thursday.

The strike has been called by the United Forum of Bank Unions, the umbrella body of the nine unions. IBA is yet to resolve issues regarding wage revision and the pension option.

C H Venkatachalam, convener, UFBU, said due to the failure of Thursday's talk between IBA and UFBU before the chief labour commissioner, they have decided to go ahead with the strike.

The commissioner had called for conciliatory talks to find a solution. After hearing both parties, IBA and UFBU, he (the commissioner) has advised both the parties to sit across the table within seven days to sort out the issues.

"UFBU has offered to sit together with IBA for bilateral talks to find solutions, provided there are no pre-conditions from IBA. However, IBA insisted that talks can be held only if UFBU withdrew the strike.

UFBU reiterated that while they would be willing to discuss the issues with IBA with an open mind to find solutions and avert the strike, such conditions for talks are not acceptable.

"Hence, the call for strike on June 12 stands and shall be implemented as scheduled," said Venkatachalam.