None
Skip to mainTwo unions of bank employees have called a strike on October 22 to oppose the mega merger of 10 state-run banks into four.
The All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI) have proposed an all-India strike on October 22 to protest against the merger of Punjab National Bank (PNB) with United Bank of India and Oriental Bank of Commerce, Syndicate Bank with Canara Bank; Allahabad Bank with Indian Bank, and Andhra Bank with Corporation Bank and Union Bank of India. Banks such as Oriental Bank of Commerce, Bank of Maharashtra, Syndicate Bank and Bank of Baroda have warned that their operations may be impacted due to the proposed strike, according to regulatory filings.
The country's largest lender, State Bank of India (SBI), has however said that the strike will have a minimum impact on its branches as most of its employees are not part of these unions.
"AIBEA and BEFI have called for an all India strike of its members on October 22, in support of their demands. In the event the strike materializes, the normal functioning of the bank may get affected," Oriental Bank of Commerce said in the regulatory filing on Saturday.
In a regulatory filing earlier this week, Bank of Baroda said that the functioning of its branches/offices may be "affected/paralyzed" due to the proposed strike. The state-run lender, however, assured that it is taking all necessary steps for smooth functioning in bank branches on the day of strike.
In a joint statement, the unions said that the strike call is to oppose bank mergers and banking reforms and high penal and service charges for customers. Other demands include recovery of bad loans, stringent action on defaulters charges and job security, according to the statement.
🕑 24 Mar, 2024 08:01 AM
Minutes of the DC/JCM (Railways) and Staff Side Meeting held on 15-16 Feb
🕑 20 Mar, 2024 09:23 AM
Pensioners Samaj on discrematory nature of railway Notional Increment order
🕑 20 Mar, 2024 09:14 AM
BSNL non-executive staff wage revision: Record of Joint Committee discussion
🕑 19 Mar, 2024 10:36 AM
50% for CDA pattern employees of CPSEs in 7th CPC pay
🕑 18 Mar, 2024 01:16 PM
Changes in Reimbursement of Children Education Allowance as per NEP 2020
🕑 18 Mar, 2024 01:13 PM
Holiday declare for 14th April, 2024 – Birthday of Dr. B.R. Ambedkar
🕑 18 Mar, 2024 01:04 PM
Revised Flexible Complementing Scheme for Scientists
🕑 15 Mar, 2024 09:33 AM
Dearness Relief to Central Government pensioners from January 2024
🕑 14 Mar, 2024 02:07 PM
Govt bans 18 vulgar 18 OTT. See the list here
🕑 08 Mar, 2024 01:49 PM
Pension Scheme Gains Traction Across States, Despite Central Hurdles
🕑 20 Feb, 2024 11:17 PM
CGHS rate for general surgery applicable from February 1, 2024
🕑 08 Feb, 2024 10:19 AM
No loan interst change as RBI maintains repo rate at 6.50% for the 6th time
🕑 07 Feb, 2024 08:28 PM
The Evolving Role of Pay Commissions in India: Mandatory or Myth?
🕑 05 Feb, 2024 03:50 PM
How much you take home increase after DA hike?
🕑 03 Feb, 2024 07:59 PM
Guaranteed Benefits in NPS: Election Gambit or Endgame for Retirees?
🕑 03 Feb, 2024 07:46 PM
Budget 2024. Benefit up to ₹ 25000. One in eight taxpayers to benefit