Banking services may be partially affected on Monday and Tuesday (March 28-29) as some of the bank workers’ unions have supported the two-day nationwide general strike called by unions.
The joint forum of central trade unions and several sectoral independent trade unions issued the strike call on March 28 and 29 to protest the government’s anti-popular economic policies and anti-workers’ labor policies.
Meanwhile, on Sunday, the Department of Energy advised all state-run utilities and other agencies to be very vigilant and ensure 24-hour electricity supply and stability of the national grid, taking into account the two-day strike.
The demands of the banking unions include the repeal of labor laws, no privatization of any kind, the scrapping of the National Monetization Pipeline (NMP), increased wage allocation under MNREGA and regularization of indentured workers.
“AIBEA has decided to support this call and join this strike to focus on demands in the banking sector,” said the All India Bank Employees’ Association (AIBEA).
The general secretary, CH Venkatachalam, said the Banking Union is demanding the government to halt and strengthen the privatization of public sector banks, speedy recovery of bad loans, higher deposit rates by banks, lower customer service charges and restore the economy. old pension system.
The AIBEA of public sector banks, private banks, foreign banks, cooperative banks and regional rural banks will join the strike, the banking union said in a statement.
A number of public sector banks, including the country’s largest lender, SBI, have said their services may be slightly affected by the strike.
SBI said it has taken the necessary measures to ensure normal operation in its branches and offices on the strike days.
“It is likely that work at our bank will be affected to a limited extent by the strike,” SBI said.
The Punjab National Bank (PNB), headquartered in the city, said AIBEA, Bank Employees Federation of India (BEFI) and All India Bank Officers’ Association (AIBOA) have issued notifications proposing to close on March 28-29, 2022 to go on strike.
“While the bank has taken all measures to ensure the normal operation of its branches and branches, it is likely that the work in our bank will be affected to a limited extent by the strike,” PNB said.
Canara Bank, headquartered in Bengaluru, said it is taking necessary steps to ensure smooth operation of bank branches and offices. However, if the strike materializes, the bank’s functioning could be affected, it added.
Private sector RBL Bank said its banking unions are members of AIBOA and AIBEA, and the workers who are members of these unions can join the strike.
In addition to the two-day strike, customer banking services may also be affected on March 31, as RBI has asked banks to participate in the annual government account closing for the current fiscal year 2021-22.
All government transactions made by agencies for the 2021-22 fiscal year must be accounted for within the same fiscal year.
All bureau banks must keep their designated branches open for over-the-counter transactions related to government transactions until normal business hours on March 31, 2022, the RBI said in a notice to banks.
On Thursday (March 31) a special clearing will take place for the collection of government checks and the RBI will issue the necessary instructions in this regard.