Page 4 - Bank Strike
One mn bank staff to go on strike on August 22 over privatisation, mergers
T E NARASIMHANAround 10 lakh bank employees and officers to go on strike on August 22. The strike was called y United Forum of Bank Unions, which consists of all the 9 bank unions.The strike will be observed on issues and demands including not to privatise public sector banks, stop mergers and consolidation of Banks, do not write off corporate Non-Performing Assets(NPAs), declare willful Default of Bank loans as criminal offence, implement recommendations of Parliamentary Committee on recovery of NPAs are among the 17 demands.The Union also want the Government to ensure accountability of Top Management/Executives for bad loans and put in place stringent measures to recover bad loans and withdraw proposed FRDI Bill, abolish Banks Board Bureau and not to pass on the burden of corporate NPAs on bank customers by hiking chargesC H Venkatachalam, general secretary, AIBEA said that UFBU has observed that instead of taking urgent remedial measures to recover the alarmingly increasing bad ...
 "One mn bank staff to go on strike on August 22 over privatisation, mergers")
Nationwide bankers strike on August 22
UFBU also urged the Indian Banks Association to expedite wage revision and other issues
Union strike paralyses banking operations worth Rs 1.3 lakh cr, ATMs go dry
Assocham said strike may impact forex and paper clearing transactions worth up to Rs 1.3 lakh cr
 "Union strike paralyses banking operations worth Rs 1.3 lakh cr, ATMs go dry")
Bank employees to join All India General strike on September 2
Around five lakh bank employees and officers in the Banks will join the All India General Strike on September 2, 2016 to protest against the Central Government's anti-people economic policies and anti-worker labour reforms.Employees and officers working in various public sector banks, private banks, foreign banks, regional rural banks and co-operative banks will join the strike. C H Venkatachalam, general secretary, All India Bank Employees' Association (AIBEA) at the National Trade Union Convention organised by the Central Trade Unions, a call for National General Strike on September 2, 2016 was given against various policies and proposals of the Government.As far as banking sector concern the Government's continuing is attempt to push through their reforms agenda aimed at privatisation of banks, consolidation and merger of Banks, etc. RBI has announced 'on tap' bank licensing policy to allow more and more private banks. Licenses have been given to big corporate houses to start .
 "Bank employees to join All India General strike on September 2")
Nationwide bank strike success, claims AIBEA
Around Rs 20,000 cr worth of 26 lakh instruments stagnated in the banks without clearance today
 "Nationwide bank strike success, claims AIBEA")
Banking operations paralysed due to nationwide strike
The unions in the banking sector had given the strike call to protest the mergers in the sector, infusion of private capital in govt banks and others
PSBs strike may affect transactions worth Rs 15,000 cr: Assocham
Services at around 80,000 branches in the country were hit on Friday
 "PSBs strike may affect transactions worth Rs 15,000 cr: Assocham")
HC prevents bank staff from going on strike
Unions had planned two-day strike to protest merger of SBI associates, IDBI privatisation; matter to be heard on July 20
 "HC prevents bank staff from going on strike")
Bank employees to go on strike on July 12-13
Friday's conciliation meeting on issue of merger of associate banks with SBI, privatisation of IDBI Bank fails to yield results
 "Bank employees to go on strike on July 12-13")
