Business
Bank strike on January 31, February 1 in India
By: TP News
Date: 1/15/2020 4:56:45 PM
Mumbai :
Bank' unions have announced a countrywide bank strike on January 31 and February 1 in India. This comes after wage revision talks with the Indian Banks' Association (IBA) failed.
Last week too, banking services took a hit as scores of employees joined a bank strike in several parts of India on January 8. Several public sector banks were affected due to the strike, part of the nationwide Bharat Bandh. Banking services like cash withdrawal and deposits were affected at several bank branches where employees did not come for work and participated in the protest.
Branch activities including cash withdrawal deposits in public sector banks in many places across the country were affected due to thestrike. Most of the lenders had informed their customers in advance about the strike call given by All India Bank Employees Association (AIBEA), All IndiaBank Officers’ Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh (BKSM), and its impact on banking services.