Banking Services Impacted Wednesday Due To Strike

0Shares

NEW DELHI — Operations at branches of public sector banks across the country were impacted Wednesday due to a strike by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB). 

The strike has been called by the United Forum of Bank Unions (UFBU) – an umbrella organisation of all 9 unions including the All India 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).

According to AIBEA General Secretary C H Vekatachalam, the strike is effective across the country and employees are fighting for a right cause. 

However, branches of new generation private sector banks remain unaffected by the strike called by UFBU, which claims to have membership of nearly 10 lakh bank employees and officers across 21 public sector banks. 

This is 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 negotiations.

Most of the banks have already informed customers about the strike.
 

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Observer News Service

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS