HomeNewsBusinessEconomyBharat Bandh: Bank unions set to join all-India general strike on January 8

Bharat Bandh: Bank unions set to join all-India general strike on January 8

The bank unions are protesting the recent decisions of the Modi government, its labour policies and banking reforms.

January 03, 2020 / 20:55 IST
Story continues below Advertisement
Representative image.
Representative image.

Banking service across the country could take a hit on January 8 as several bank unions are set to join the all-India general strike called by central trade unions.

The bank unions are protesting the recent decisions of the Modi government, its labour policies and banking reforms. They are also demanding a salary hike and other benefits.

Story continues below Advertisement

In a release dated January 3, the State Bank of India said the effect of the proposed strike on its operations would be minimal. The six bank unions reportedly going on strike have very few SBI employees as their members, the bank noted.

The All India Bank Employees’ Association (AIBEA), All India Bank Officers Association (AIBOA), Bank Employees Federation of India (BEFI),Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC) and Bank Karmachari Sena Mahasangh (BKSM) are the unions that will go on strike next week, the Indian Bank's Association told SBI.