The bank unions have decided that they will join the All-India strike called by the Central Trade Unions next week in protest against the policies laid down by the Central Government led by Prime Minister Narendra Modi. The bank unions such as Bank Employees Federation of India (BEFI), and All India Bank Employees’ Association (AIBEA) have asked their respective members to not go to work on the 8th of January 2020.
Normal banking services at the branches and the ATMs (Automated Teller Machines) are more likely to get affected due to the strike by the bank employees.
However, online banking services like RTGS (Real Time Gross Settlement), NEFT (National Electronic Funds Transfer), and IMPS (Immediate Payment Service) will not be affected, and now work 24X7.
Also Read: No NEFT and RTGS charges from January 2020
Soumya Datta, General Secretary, All India Bank Officers’ Confederation (AIBOC) has directed the members to neither demand nor accept any keys or undertake duties on the day of the strike.The bank employees’ unions have called in for the strike owing to bank reforms, mergers, and hike in the salary of employees.
In a strike notice that was signed by various Bank Unions read “Our legitimate demand of wage revision for bank employees and officers is being unduly delayed. Employees recruited after April, 2010 are deprived of defined pension benefit.”
The notice also read “our genuine demands like 5 Day Banking, etc. are being ignored by the Government. Employees and officers are suffering from heavy workload and adequate recruitment is not being made in banks”.
The strike is also supported by unions like Indian National Bank Employees Federation (INBEF), All India Bank Officers Association (AIBOA), and Indian National Bank Officers Congress (INBOC).