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Bank strike on day one 'total success’: AIBEA
Bank strike on day one 'total success’: AIBEA
Business

Bank employees’ strike on December 26

Agency News

Bank employees unions have called for a one-day strike on December 26 to protest the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

On December 26, the unions will take out a rally and hold a demonstration at the Azad Maidan in South Mumbai.

The strike call comes on the heels of an officers union of State-run banks observing a day-long strike last Friday on similar grounds along with demand for immediate settlement of their wage negotiations.

The United Forum of Bank Unions (UFBU) said that the amalgamation is not in the interest of banks or bank customers. The UFBU is an umbrella organisation of nine unions, including the All-India Bank Officers Confederation, the All- India Bank Employees Association and the National Organisation of Bank Workers, among others.

The unions say post-merger, a large number of branches will be closed and customers will have to face hardships as already banks are burdened with various government schemes such as Jan Dhan Yojana, Mudra, social security insurance, and PM’s housing scheme, among others.

Around 3.20 lakh officers from various State-run banks were on a one-day strike on December 21, seeking immediate wage revision and opposing the proposed merger.