Bank Strike on September 26 & 27 and Indefinite Strike in November

Four Bank Employees Unions have decided to go on 2 days Strike on 26th and 27th September opposing merger of banks announced by Central Govt. and expeditious wage revision as per charter of demand.

AIBOC, AIBOA, INBOC and NOBO have given Notice on Strike to IBA conveying that they propose go on continuous strike from Midnight of 25th September to Midnight of 27th September and Indefinite Strike from Second Week of November 2019.

Bank Unions have announced the strike when some of the board of banks have already approved merger and also PNB is in the process of appointing consultants for merger process.

The unions are going on strike on the following issues:

Opposing: Mergers &Amalgamations in banking sector

Demanding:

2	Expeditious Wage revision as per Charter of Demands, with an unconditional and clear Mandate from all banks
3	Immediate introduction of 5 day week in full, Reduction of cash transaction hours and regulated working hours.
4	Halting of undue interference in the existing procedure of Vigilance cases by outside agencies, under provisions of amended Sec.17(A) of Prevention of Corruption Act, 2018
5	Settlement of issues pertaining to retirees-Updation of Pension as per RBI formula/Revision of Family Pension without any ceiling, quantum and percentage; Medical Insurance at par with serving employees
6	Adequate recruitment
7	Scrapping NPS and reintroduction of Defined Pension Payment Scheme.
8	Reduction of service charges for customers
9	Stopping of harassment of Officers under specious plea of non-performance

The Statement of the Case is give on AIBOA website