On Wednesday, operations at Public Sector banks across the nation were impacted due to a strike, which was called by Trade Unions against the proposed merger of Dena Bank, and Vijaya Bank with Bank of Baroda (BoB).
The strike has been called by the UFBU (United Forum of Bank Unions), which is an umbrella consists of nine unions including- All India Bank Employees’ Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), and the National Organisation of Bank Workers (NOBW).
As per the statement of AIBEA General Secretary CH Venkatachalam, the bank strike is effective across the country and employees are fighting for the “right cause.”
However, branches of new generation private sector banks remained unaffected by the called strike by UFBU that claims to have membership of 10 lakh bank employees and officers across 21 Public Sector Banks.
In less than a week, this is the second Public Sector Bank strike.
On December 21, an officers’ Union of state-run banks has observed a day-long strike to protest against the proposed merger and also demand for an immediate settlement of wage negotiations.
Most of the banks have earlier informed their customers about the Public Sector Banks strike.