The United Forum of Bank Unions (UFBU) has deferred the two-day nationwide bank strike on January 30-31 following an understanding at the conciliation meeting held in Mumbai, said C.H.Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA).
The United Forum of Bank Unions (UFBU), an umbrella body of several bank unions, on Thursday decided to go on two-day strike from January 30 to press for their various demands, a top All India Bank Employees Association (AIBEA) official said.
RBL Bank said that while it will take all the necessary steps for smooth functioning of its branches, it is likely that some branches would be impacted by the strike.
The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees Association (AIBEA).
Business transactions as well as government treasury operations were also impacted. The United Forum of Bank Unions (UFBU), consisting of nine bank unions AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO had given the strike call to protest against the government s decision to privatise two more public sector lenders. Strike was a full success, employees and officers stood with us. The way they participated and raised slogans, it shows their disapproval of the government decision very clearly. We got support from all trade unions, some farmer organisations, lot of political parties have supported us, AIBEA General Secretary C H Venkatachalam told PTI.