Wednesday, Mar 22, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Banking Services To Get Affected As Unions Go On One Day Strike

Banking services to get affected as unions go on one-day strike

Bank employees affiliated to All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE) and Bank Employees Federation of India (BEFI) are supporting the strike.

By PTI
Published Date - 10:00 AM, Thu - 26 November 20
Banking services to get affected as unions go on one-day strike
Bank employees affiliated to All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE) and Bank Employees Federation of India (BEFI) are supporting the strike.

Mumbai: Banking services across the country are likely to get affected on Thursday as over four lakh employees of various public, private and a few foreign banks are observing one-day nationwide strike called by central trade unions.

Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.

Many lenders have informed their customers to use digital channels such as internet/ mobile banking and ATMs for their banking related transactions and other services.

Bank employees affiliated to All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE) and Bank Employees Federation of India (BEFI) are supporting the strike.

One of the bank officers’ union – All India Bank Officers Confederation (AIBOC) – is extending fraternal support to the strike.

“Lok Sabha in its recently held session has passed three new labour enactments by dismantling existing 27 enactments in the name of ‘Ease of Business’, which are purely in the interest of corporates.

“In the process, 75 per cent of workers are being pushed out of the orbits of labour laws since they will have no legal protection under the new enactment,” AIBEA said in a release.

Bank employees are protesting against privatisation of banks, outsourcing and contract system in jobs in the sector. They are also demanding adequate recruitment in the sector, stern action against big corporate defaulters, increase in rate of interest on bank deposits and reduction in service charges.

AIBEA represents majority of the banks except the State Bank of India and the Indian Overseas Bank. It has 4 lakh bank employees from various public and private sector and a few foreign banks as its members.

In Maharashtra, around 30,000 bank employees from 10,000 bank branches of public sector banks, old generation private sector banks, regional rural banks and foreign banks are observing the strike, AIBEA said.

Ten central unions – Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Hind Mazdoor Sabha (HMS), Centre of Indian Trade Unions (CITU), All India United Trade Union Centre (AIUTUC), Trade Union Co-ordination Centre (TUCC) and Self-Employed Women’s Association (SEWA) have called for the general strike against the new farm and labour laws, among others.

  • Follow Us :
  • Tags
  • Bank
  • Bank Strike
  • Banking
  • banking services

Related News

  • NBK108 first look released: Balayya goes beyond imagination this time

    NBK108 first look released: Balayya goes beyond imagination this time

  • Governors, CMs of Telangana, Andhra greet people on Ugadi

    Governors, CMs of Telangana, Andhra greet people on Ugadi

  • Hyderabad CP CV Anand holds meeting in view of festivals

    Hyderabad CP CV Anand holds meeting in view of festivals

  • Telangana govt to support to hailstorm-hit farmers: Vinod Kumar

    Telangana govt to support to hailstorm-hit farmers: Vinod Kumar

  • Centre sanctions Rs 3 crore to Telangana for nutri cereals programme

    Centre sanctions Rs 3 crore to Telangana for nutri cereals programme

  • Hyderabad outshines Bengaluru, Mumbai in residential property sales

    Hyderabad outshines Bengaluru, Mumbai in residential property sales

Latest News

  • Law enforcement in NYC beefs up security measures amid uncertainties over Trump case

    31 mins ago
  • Bill criminalising identifying as LGBTQ passes Uganda Parliament

    46 mins ago
  • Delhi Police register 100 FIRs after posters against PM Modi come up

    59 mins ago
  • Prime Minister Narendra Modi extends wish for Ugadi, Gudi Padwa

    1 hour ago
  • India records 1,134 new COVID-19 cases, five deaths

    1 hour ago
  • All banks to keep branches open till March 31 for annual closing: RBI

    2 hours ago
  • Messi mania in Argentina as soccer star mobbed at restaurant

    2 hours ago
  • Lookout circular, non-bailable warrant against Amritpal Singh

    2 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam