Nation-wide Bank strike against Vijaya, Dena, BoB merger

Bank strike

New Delhi, Dec 26: Banking services across the country were affected on Wednesday following the strike of 10 lakh bank employees against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

The protest was organised by United Forum of Bank Unions (UFBU), which is an umbrella organisation of nine associations, including the All-India Bank Officers Confederation, the All- India Bank Employees Association and the National Organisation of Bank Workers and others.

This is the second time in a week when bank employees called for a nation-wide strike.

AIBEA General Secretary C.H. Venkatachalam told IANS from Chennai that the strike call by the unions, which have a combined membership of 10 lakhs, received “very enthusiastic” response.

“Reports are reaching us from all the states that the strike has been successful.. Clearing operations were affected because branches are closed and cheques cannot be sent for clearance. Cash transactions have been similarly affected,” he said.

“Government treasury operations, import and export bill negotiations, money market operations, etc. have also been affected. About 30 lakhs of cheques worth about Rs 23 lakh crore will be held up without clearance due to the strike.”

Earlier, Banking services across India were affected on December 21 as over 3.2 lakh bank officers struck work seeking an unconditional mandate for the 11th bi-partite wage revision talks.

WeForNews 

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