Bank strike likely on Feb 28, may dent services
Bank strike likely on Feb 28, may dent services
The functioning of private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank is expected to be normal except delay in cheque clearances. The United Forum of Bank Unions (UFBU) is an umbrella body of 9 unions, but two of the Bharatiya Mazdoor Sangh affiliates -- National Organisation of Bank Workers and National Organisation of Bank Officers -- are not part of the stir.
Operations at public sector banks may be hit on Tuesday as most unions under the aegis of UFBU have threatened to go on strike to press for various demands, including accountability of top executives in view of mounting bad loans in the banking sector. Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
The functioning of private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank is expected to be normal except delay in cheque clearances. The United Forum of Bank Unions (UFBU) is an umbrella body of 9 unions, but two of the Bharatiya Mazdoor Sangh affiliates -- National Organisation of Bank Workers and National Organisation of Bank Officers -- are not part of the stir.
The conciliation meeting before the chief labour commissioner on February 21 failed to break the logjam as the bank management represented by the Indian Banks Association did not agree to demands and put conditions, All India Bank Employees’ Association (AIBEA) General Secretary C H Venkatachalam told PTI. All attempts to find solutions to the demands raised by the unions yielded no results and hence, UFBU decided to proceed with the proposed strike on February 28, he said.
Unions are also opposed to the proposed labour reforms of the government and outsourcing of permanent jobs in the banking sector. Some of the demands include compensation of employees and officers for extra hours of work put in following demonetisation in November and early initiation of process of next wage revision of bank employees. They have also demanded adequate recruitment in all cadres, stringent measures to recover bad loans and accountability of top executives. Besides, they have pitched for criminal action against wilful defaulters.
UFBU, who claims membership of nearly 10 lakh across banks, also requested the government for cost reimbursement of demonetisation to banks. As many as 27 public sector banks control 75 per cent of the total business.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Final Journey of Lionel John Lewis (74 years) | LIVE from Milagres Cathedral | Kallianpur | Udupi
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Vespers 2024 | St. Theresa’s Church, Kemmannu
Annual Church Feast 2024 | St. Theresa’s Church, Kemmannu
Confraternity Sunday | St. Theresa’s Church, Kemmannu
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
CHRISTMAS MASS-2023 | St. Theresa’s Church | Live from Kemmannu | Udupi
Annual Day 2023 | Carmel English School, Live From Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Easter 2023 - Milrachi Lara From Milagres Cathedral, Kallianpur, Udupi
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link