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Banking operations partially affected due to trade union strike

Press Trust of India  |  New Delhi 

operations were partially affected Tuesday, as a section of employees refrained from work in support of the two-day strike call given by 10 central trade unions to protest alleged anti-labour policies of the government.

The All Employees Association (AIBEA) and the Employees Federation of (BEFI) have supported the strike, which impacted operations where these two unions are strong.

However, the operations in of (SBI) and remained unaffected, as other seven unions in the sector are not part of the strike.

Since employees associated with these two banking sector unions were on strike, counter activities such as cash deposit and withdrawal, cheque clearances were impacted at many branches. Officers at many branches were seen handling some of the activities.

On December 26, 2018, nine observed a one-day strike to protest the proposed amalgamation of and with

Prior to this, the All (AIBOC) went on strike on December 21.

AIBEA C H Venkatachalam said the unions are against the merger of public sector banks (PSBs) as employees will lose their jobs and employment generation will be halted.

The unions are also against privatisation of PSBs as the government is doing in the case of IDBI Bank, he said, adding that Wednesday also the strike in banks will continue.

Many PSBs have already told their customers about the likely impact on services if strike materialises.

"If the strike materialises, a section of the bank's employees may take part in the proposed strike on the said dates, in which case, the normal functioning of the branches/offices of the bank may get affected," said in a statement.

The two-day strike on Tuesday and Wednesday has been called by the central trade unions against the alleged repressive policies for workers adopted by the government.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 08 2019. 18:00 IST