Private sector banks will continue to function as usual
Latest News: Services of state-owned banks are expected to be impacted Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.
This will be the second bank strike in less than a week.Last Friday (December 21), an officers’ union of state-run banks observed a day-long strike to protest against the merger and also demanded immediate settlement of wage negotiationsMost of the banks have already informed customers about the strike.|Click Here: Business Standard
Private sector banks will continue to function as usual. The strike is being organised by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions, including the All India (BS)Bank Officers Confederation (AIBOC), the All India Bank Employees’ Association (AIBEA), National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW). The UFBU claims membership of 10 lakh officers and staffers.
According to AIBEA General Secretary C H Vekatachalam, the conciliation meeting called by Additional Chief Labour Commissioner did not lead to any assurance and so the unions are going ahead with the strike. During the meeting, neither the government nor the concerned banks came forward to assure that they will not go ahead with the merger, he added…
