Prepare for five days of bank strikes and holidays!!

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The strike called by various bank unions and banking holidays will be affecting transactions in the branches beginning  from Friday.

The All India Bank Officers Confederation (AIBOC) has called a day-long strike on Friday (December 21), demanding unconditional mandate for the XIth bipartite wage revision.

Meanwhile, United Forum of Bank Unions (UFBU) has called for strike on December 26, which will affect the normal functioning of banks.

Shirish Nalgundwar, General Secretary, Chhattisgarh Bank Employees Association said, “AIBOC, which is the parent body of all bank officers have announced a day strike on December 21, raising the demand for wage revision pending since November 2017.

The union has raised the demand after the mandate which has been delayed by 8-9 banks. The banks had given Scale-3 revision due to which, there is delay in negotiations for the level of wages of rank of General Manager, he said.

Nalgundwar further said, “Similarly, UFBU which is umbrella organization of four Bank Officers’ Association and five Award Staff Associations-- thus a total nine associations had called the strike on December 26. It is to register protest against the merger three public sector banks – Bank of Baroda, Vijaya Bank and Dena Bank by the government before March 2019.”

He said, “In the wake of strikes and holidays, the banks will remain closed from Friday to Wednesday, except Monday. The banking services could adversely be affected on these days. The banks will remain closed on December 21, 22 and 23 on account of strike, fourth Saturday and Sunday respectively.

December 25 will be national holiday for Christmas. December 26 is the day when the unions have given a strike call. Only on December 24, the banks will be operational, he said.

Daily Pioneer
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