News By/Courtesy: Anusha G Rao | 23 Dec 2018 21:22pm IST

Banking operations have been put to a halt across the country recently due to the strike of bank employee union which has called a day long strike, for wage revision demands and stop the mega merger of three infamous public sector banks. The strike was called by the All India Bank officers’ Confederation (AIBOC), which has opposed the merger of Bank of Baroda, Dena Bank and Vijaya Bank. Only the bank employees associated with AIBOC took part.

The bank employees called for a 24 hour strike to oppose the merger and called for a clear mandate of wage revision for all bank officials. The strike is expected to cause a lot of trouble to the general public, since all operations of the public sector banks across the country is to be shut down. The strike began from December 20th midnight and continued till the midnight of December 21st. The private sector banks are however, not included in the strike.

PSUs have already informed their customers about the strike and the subsequent inconvenience caused. Moreover, SBI and Dena Bank have ensured that their customers do not face a problem due to the strike. ATMs will also not be affected, since the employees managing the same are not a part of the AIBOC.

Section Editor: Shreyashi Tiwari | 23 Dec 2018 21:26pm IST


Tags : #Bank #PSUs #Strike #Inconvenience #Economy #Slow

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