6 public sector bank employees to join trade union strike on Sept 2
Banking operations are likely to be hit on Friday as employees of six public sector banks have decided to join the stir that has been called by central trade unions to protest against "anti-labour policies" of the government.
Many banks have already communicated to their customers about likely inconvenience.
Unions like All India Bank Employees' Association (AIBEA), Bank Employees Federation of India (BEFI), All India Bank Officers' Association (AIBOA), All India Bank Officers' Confederation (AIBOC) and Indian National Bank Officers Congress (INBOC) have served notice, saying they will go on a one-day strike on September 2.
Most banks, including State Bank of India (SBI), feel that in case the strike goes ahead, their services are likely to be impacted.
"Bank unions are opposing anti-people banking reforms, privatisation of banks, closure of associate banks and merger with SBI," AIBOC General Secretary Harvinder Singh said.
There is continuous attempt by the government to push their reforms agenda aimed at privatisation of banks, consolidation and merger of banks and the like, said AIBEA General Secretary C H Venkatachalam.
However, National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers are not part of the strike.
"As Bharatiya Mazdoor Sangh (BMS) is not part of central trade union strike, we as an affiliated organisation are not participating," said NOBW Vice-President Ashwani Rana.
Banks have taken necessary steps to ensure smooth functioning and that there is no cash crunch for retail customers, an official of a public sector bank said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Gratuity Calculator: 9 years of service and Rs 50,000 as last-drawn basic salary; what will be your gratuity; see details
FD interest rates that SBI is offering to senior citizens and general citizens in its Amrit Vrishti, 1-, 3-, and 5-year guaranteed return schemes
Stocks to Buy for Long Term: 1 smallcap, 3 midcap, 8 largecap stocks analysts are upbeat about; check out targets for your portfolio
SBI Special FD: What will be maturity amounts on Rs 2.50 lakh, Rs 5 lakh, Rs 7.50 lakh, and Rs 10 lakh investments in Green Deposit's 1111-, 1777-, and 2222-day schemes?
05:58 PM IST