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21 Jan 2017

Bank employees to go on strike on February 7

Bank staff and employee’s unions have given a call to strike work on February 7 to highlight problems faced by them while implementing demonetisation and seeking an effective mechanism of recovery of huge bad loans.

C H Venkatachalam, general secretary, All India Bank Employees’ Association (AIBEA) said in a statement: “Everyone is appreciating the hard work done by the bank employees, officers and managers in managing the situation in the banks so well after November 8. But, there is reluctance and hesitation to extend proper compensation and overtime for the long extra hours of additional work done. This is totally unacceptable.”

Banking sector employees will hold a dharna at Reserve Bank of India offices on February 2, followed by a mass demonstration on February 7.