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Money & Banking - Trade & Labour Unions
Bank staff plan strike on July 28

Mumbai, July 20

The All India Bank Employees Association, All India Bank Officers' Association and Bank Employees Federation of India have called for a one-day token strike on July 28. About 4.5-lakh bank employees and officers who are members of these three unions will be on strike. The bank unions are protesting against outsourcing of banking services, establishment of Payment Corporation of India for clearing house operations, the Banking Amendment Bill, which includes removal of ceiling on voting right, and 74 per cent FDI participation. The unions are also demanding fresh recruitment for filling up one-lakh vacancies in public sector banks and extension of one more option for pension.— Our Bureau

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