AMN
Working in the banks across the country will be affected today with around 10 lakh bankers are on strike pressing various demands. The strike called by all union under the umbrella of United Forum of Bank Unions may affect services in public sector banks.
“All India State Bank Officers’ Federation and All India State Bank of India Staff Federation, being part of UFBU (United Forum of Bank Unions), will also participate in the strike. It is likely that our Bank would also be impacted by the said strike,” the State Bank of India (SBI) had said earlier in a regulatory filing in the BSE.
The strike call was given by the UFBU – an umbrella body of nine unions in the Indian banking sector. The UFBU is protesting against reforms in the banking sector and other issues.
According to union leaders, around 10 lakh bankers working in around 132,000 branches will be on strike on Tuesday.
Other demands include no write off policy of NPA’s of corporate loans, declaring wilful default of loans as criminal offence and implementation of recommendations of Parliamentary Committee on recovery of NPAs.