New Delhi:
The activities of public sector banks (PSBs) could be affected as the banking union All India Bank Employees Association (AIBEA) issued a strike call on Saturday to oppose the incessant outsourcing of jobs.
While the officers are not part of the strike, there may be some impact on cash deposits and withdrawals, check clearing, etc.
Several banks, including Bank of Baroda and Punjab & Sind Bank, have already informed their customers about the possible impact on services if the November 19 strike becomes a reality.
If the strike goes ahead, a certain proportion of the banks’ employees may join the strike on said date, in which case the normal functioning of the bank’s branches/offices is likely to be affected, according to Punjab & Sind Bank. in a regulatory filing on Thursday.
Job outsourcing by some banks is endangering the privacy of customers and their funds apart from the reduction in recruitment at the lower level, said General Secretary CH Venkatachalam of the All India Bank Employees’ Association (AIBEA).
Some banks also indulge in violation of the Industrial Disputes (Amendment) Act, he said.
Even where labor authorities have intervened, management has ignored their advice, violated provisions of the Labor Disputes Act and forcibly transferred workers, he added.
“From AIBEA, we have reiterated our concerns and demands arising from the various unilateral decisions that violate existing provisions of bipartite settlement at some banks and the attacks on jobs and job security and vengeful actions at some other banks,” he said. .
In the aftermath of these attacks, he said “AIBEA has no choice but to express its protest through our agitation program and strike actions”.
Banks are open on November 19, the third Saturday of the month. All banks remain open on the first and third Saturdays.
Private sector banks would not be affected by the strike call.
(Except for the headline, this story has not been edited by DailyExpertNews staff and is being published from a syndicated feed.)
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