All India Bank Employees Association (AIBEA) is going on strike in protest against the targeted victimization of bankers for being active in the union as per the members.
Protesting against the vindictive transfers, employees of listed Central Bank of India began their two-day strike on Monday, said a top official from the All India Bank Employees' Association (AIBEA).
The Department of Financial Services (DFS), Ministry of Finance while calling for views of the stakeholders on the penal provisions of various laws listed by it reasoned that decriminalisation of minor offences is one of the thrust areas of the government.
Six important nationalized banks i.e. Andhra Bank, Allahabad Bank, Corporation Bank, Syndicate Bank, Oriental Bank of Commerce, and United Bank of India, were closed down.
SBI customers can take a sigh of relief as the bank had said that the strike will not affect its working as the majority of its employees are not members of the two unions.
Ten central trade unions -- INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF and SEWA -- have also called for a nationwide general strike on January 8 and 9 against what they call "anti-people" policies of the Centre.
AIBEA General Secretary CH Venkatachalam said, "The resignation of RBI Governor Urjit Patel is quite shocking and disturbing. The reasons for his resignation are obvious and signal a dangerous trend that institutions like RBI are no longer independent."
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