Follow us on
Welcome Guest! You are here: Home » Business & Economy
Bank unions firm on 48-hour long strike beginning May 30

Thursday May 24, 2018 6:26 PM, ummid.com & Agencies

Bank Sstrike May 30

Mumbai/Chennai: In a fresh trouble for businesses hit by GST and demonetization, various bank employees' unions have called for a 48-hour long strike on May 30-31 to press for their demands which they say are pending since years.

The State Bank of India – the largest bank of the country has already warned that routine banking services will be severely affected if the bank employees go ahead with their strike called by United Forum of Bank Unions (UFBA).

The United Forum of Bank Unions (UFBA) – an umbrella organization of bank unions including AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO, has called the strike to press for several demands including wage revision and improvement in other service conditions.

SBI said the Indian Banks' Association (IBA) has communicated to the bank that the United Forum of Bank Unions has served a notice to go on a nationwide bank strike on May 30-31, 2018.

This is possibly the first time that the bank employees’ unions have called a two-day strike. Pressing similar demands, the bank unions have in the past called a day long strike. What worries mores the businesses is that services could be hit consecutively for five days if the unions go ahead with their decision as May 30 and May 31 fall on Wednesday and Thursday. After a day’s work on Friday, Saturday and Sunday are again weekly off.

Several others banks, including Bank of Baroda, Canara Bank, and Punjab and Sind Bank (PSB), have also said that their services and functioning are likely to be impacted if the strike takes place.

“If the strike materialises, a certain section of the Bank’s employees may participate in the strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected,” PSB said last week.

The bank said it is taking all necessary steps in terms of the existing guidelines to deal with the strike and for the smooth functioning of Bank's branches/offices.

For all the latest News, Opinions and Views, download ummid.com App

Select Langauge To Read in Urdu, Hindi, Marathi or Arabic

Share this page
More Headlines
North Korea suspends talks with South, threatens to cancel Trump-Kim Summit
Rajasthan Gujjar agitation for reservation from May 23
This newly identified pig virus is potential threat to humans
Israel celebrates US embassy move as Palestinians count dead bodies; Toll 52
Shashi Tharoor named as accused in Sunanda Pushkar suicide case
PM Modi is using threatening, intimidating language: Congress leaders to President
Israeli crackdown on Palestinians against US embassy move to Jerusalem kills 25
Swayam Das 2018 ICSE 10th All India Topper; 02 share 2nd rank, 12 share 3rd
Saman Waheed of Lucknow among 07 ISC 12th 2018 All India Toppers
Link between grandparent and grandchild abdominal obesity discovered
US relocates embassy to Jerusalem today amid boycott, protests
Food Processing Ingredients Market worth $41 bn, Asia Pacific fastest growing
American University of Science and Technology wins IMA Middle East contest
Patterns of healthy eating may lower risk of hearing loss
This human footprints found in Tabuk is 85,000-year-old
On 11th day of their protest, AMU students ask President Kovind to intervene
This Keralite couple is being honored, hailed in Abu Dhabi, Here is why
Alcohol, tobacco remain the biggest threat to healthy human life
Aurangabad riot is planned, illegal water connection not the actual cause: Local MLA
Pakistan, United States, Italy and Morocco: What these four nations have in common?
Communal clashes in Aurangabad city of Maharashtra; 02 dead, over 40 injured
Maharashtra SSC Class 10 result 2018 declaration date not fixed yet: MSBSHSE
 Post Comments
Note: By posting your comments here you agree to the terms and conditions of www.ummid.com