mangalore today

Mangaluru: Public sector banks employees go on strike, operations hit


Mangalore Today News Network

Mangaluru July 29, 2016 : Employees of the Public Sector Banks in the country went on strike on July 29,  Friday. Normal operations at branches across all PSU banks were affected.


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The United Forum of Banks Unions (UFBU), an umbrella organisation of nine bank employees and officers unions representing 8 lakh staffers, has gone ahead with the strike, affecting services like cheque clearances, cash deposit and withdrawal at branches and other facilities.

“The All India State Bank Officers’ Federation and the All India State Bank of India Staff Federation are members of UFBU. Thus, it is likely that the bank will also be impacted to some extent by the said strike calls,” SBI had said in a statement.The conciliation meeting with the Chief Labour Commissioner on July 26 did not yield any positive results.

However, UFBU is willing to reconsider the strike call if the government considers their demand and addresses it.“The unions were ready for meaningful discussion, but the government only tried to justify their present policy decision on banking reforms and hence, there was no meeting point.