Banking operations have been partially affected on 7th September as the employees of Left-leaning unions went on a day-long strike to protest against the disinvestment policy of the Government and price rise.
About five lakh members of the All India Banks Employees’ Association (AIBEA) are supporting the nation-wide strike call given by various trade unions, the AIBEA General Secretary, Mr C.H. Venkatachalam, said.
As many as eight central trade unions, including CITU, have announced a nation-wide strike against major issues like price rise, disinvestment policy and violation of labour laws.
Mr Venkatachalam said the strike call is against the banking sector reforms and merger of public sector banks, among other issues.
However, State Bank of India officers and employees’ unions are not part of the strike. The other union, who is part of the strike, is Bank Employees Federation of India which has a membership of about 1 lakh employees.
Banking services are affected in areas where these unions have stronghold including West Bengal and Kerala.
Many banks have already informed their customers in advance about the strike, in which case normal functioning of its branches or offices may be affected.
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