Published On : Sat, Jan 21st, 2017

Bank employees to go on strike on February 7

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Nagpur/New Delhi: Bank staff and employees unions have given call to strike work on February 7 to highlight problems faced by them while implementing demonetisation and seeking an effective mechanism of recovery of huge bad loans.

C H Venkatachalam, general secretary, All India Bank Employees Association said in a statement: Everyone is appreciating the hard work done by the bank employees, officers and managers in managing the situation in the banks so well after November 8. But, there is reluctance and hesitation to extend proper compensation and overtime for the long extra hours of additional work done. This is totally unacceptable.

Banking sector employees will hold a dharna at Reserve Bank of India offices on February 2, followed by a mass demonstration on February 7.

Besides AIBEA, the All India Bank Officers Association and the Bank Employees Federation of India are taking part in the strike. Unions said they have been pursuing these issues — demonetisation and action against big defaulters — with the Indian Banks Association but with no result. Hence it was felt necessary to resort to agitation.