SBI, Indian Bank employees to participate in Feb 29 strike

With public sector bank officers threatening to go on strike on Monday, the country's largest lender SBI today said a section of its employees may take part in the said agitation on February 29 -- a day when Finance Minister Arun Jaitley will present the General Budget.
In a filing to the BSE, State Bank of India (SBI) said, "All India State Bank Officers' Federation (AISBOF) being affiliated to AIBOC, will also participate in the strike.
"Since the call is for nationwide all bank strike, our Bank will not be separately impacted, if the strike materisliases."
AISBOF claims to represent over 90,000 officers of SBI and its five associates namely State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore.

All India Bank Officers Confederation (AIBOC) has threatened to go on strike to protest termination of P V Mohanan, General Secretary of Dhanlaxmi Bank.
Meanwhile, in a separate filing, state-run Indian Bank said, "All India Bank Officers' Confederation (AIBOC) has given a call for observance of All India Bank Strike on February 29, 2016 in support of their demands.

"If the strike materializes, a section of the Bank's employees may take part in the proposed strike on the said date, in which case, the normal functioning of the branches / offices of the Bank may get affected."
AIBOC General Secretary Havinder Singh had recently said that members of the Confederation will go on one-day nationwide strike on February 29 as Mohanan, who is also AIBOC's 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.
According to Singh, the association has about 2.75 lakh officers as its members.
Many banks including Bank of Baroda, Canara Bank and Andhra Bank have also issued advisory informing about strike call and inconvenience to customers if it materialises.