Money & Banking

Bank strike on Jan 8 and 9

Our Bureau Coimbatore | Updated on January 07, 2019 Published on January 07, 2019

Bank and insurance sector employees have decided to join the all-India strike on January 8 and 9. The strike will be led by the Central Trade Unions, comprising INTUC, AITUC, HMS, CITU, AIUTUC (All-India United Trade Union Centre), Trade Union Coordination Centre (TUCC), Self-Employed Women’s Association (SEWA), All-India Central Council of Trade Union (AICCTU), LPF, and United Trade Union Centre (UTUC). The strike call is to press their demands for the strict enforcement of labour laws, social security cover for all workers and employees, assured pension for all workers and employees, opposition to disinvestment in Central and state public sector undertakings, and removal of ceiling on payment and eligibility of bonus and PF, among others.

CH Venkatachalam, General Secretary, All-India Bank Employees Association, said AIBEA is against the privatisation of public sector banks.

“The government is intent on privatising PSBs and merger of banks. Already the merger of six associate banks with SBI has resulted in closure of 6,950 branches. Mergers, therefore, are unwarranted as it would result in employees losing jobs.”

Published on January 07, 2019
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