All-India bank strike: service at PSU banks affected

New Delhi: Operations at branches of public sector banks across the country were impacted on Wednesday due to a strike by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB).

The strike has been called by the United Forum of Bank Unions (UFBU) — an umbrella organisation of all 9 unions including the All India Bank Officers Confederation (AIBOC), the All India Bank Employees’ Association (AIBEA), National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW).

AIBEA General Secretary C.H. Vekatachalam said the strike was effective across the country and that employees were fighting for a right cause.

However, branches of new generation private sector banks remain unaffected by the strike called by UFBU, which claims to have membership of nearly 10 lakh bank employees and officers across 21 public sector banks.

This is the second bank strike in less than a week.

On December 21, an officers’ union of state-run banks observed a day-long strike to protest against the merger and also demanded immediate settlement of wage negotiations.

Most of the banks have already informed customers about the strike.