many banks including Bank of Baroda and Punjab and are banksWe have already informed our customers about the likely impact on services of the 19 November strike.
If there is a strike, a certain section of the bank’s employees may participate in the strike on the said date, in which case, there is a possibility that the normal functioning of the bank’s branches/offices may get affected, Punjab & Sind Bank said in a statement. a regulatory filing on Thursday.
CH Venkatachalam, general secretary of the All India Bank Employees Association (AIBEA), said outsourcing of jobs by some banks was putting customers’ privacy and their money at risk besides reducing recruitment at lower levels. He said that some banks were also violating the Industrial Disputes (Amendment) Act.
Even where labor officials have intervened, managements have ignored their advice, violated provisions of the Industrial Disputes Act and forcibly transferred employees.
He said, “On behalf of AIBEA, we reiterate our issues and demands arising out of various unilateral decisions in violation of existing provisions of bipartite settlement in some banks and attacks on jobs and job security and retaliatory actions in some other banks ” ,
In the wake of these attacks, he said, “AIBEA has no option but to express its protest through our agitational program and strike action”.
Banks are open on 19th November, the third Saturday of the month. All banks remain open on 1st and 3rd Saturday.
Private sector banks will not be affected by the strike call.