PSU bank officer union threatens to go on strike on Feb 29

A section of public sector banks' officers have given a call for strike on February 29 to protest termination of P V Mohanan, General Secretary of Dhanlaxmi Bank Officers' Organisation.
Strike, if happens, will coincide with the unveiling of Budget for 2016-17 in Parliament.
According to All India Bank Officers Confederation (AIBOC) General Secretary Havinder Singh, its members will go on a one-day nationwide strike on February 29 as Mohanan, who is also AIBOC, Kerala State President, was terminated from the services of Dhanlaxmi Bank invoking draconian clause.
Dhanlaxmi Bank is an old generation private sector bank based out of Kerala.

"Since conciliation meeting failed with the management to resolve the issue despite all efforts. So there was no alternative but to go on strike," he said.
He claimed that the association has about 2.75 lakh officers as its members.

Many banks including Bank of Baroda, Canara Bank and Andhra Bank have already issued advisory informing about strike call and inconvenience to customers if it materialises.
The bank is taking all necessary steps for smooth functioning of bank branches on the day of strike, if it materialises, Bank of Baroda said in a statement.
According to Canara Bank "a strike call given by All India Bank Officers' Confederation (AIBOC) is at industry level and not for bank level issues. In our Bank, only one Association ie., Canara Bank Officers' Association is affiliated to AIBOC.