Bankers' Union Claim Bank Strike a Success ? True or False !

Bankers Union are considering all India Bank strike on 26th a great success and  C. H. Venkatachalam, general secretary, All India Bank Employees’ Association told 

“The response to the strike has been very enthusiastic", The all-India public sector bank strike on Wednesday saw “100% participation” and would have affected the processing of about 30 lakh cheques worth ₹23 lakh crore, according to bank unions leading the strike to protest the merger of Dena Bank, Bank of Baroda and Vijaya Bank.


But there are many in doubt whether the strike was successful. For e.g.

“There hasn’t been that much of an impact in PNB,” an official in the Punjab National Bank told The Hindu. “This is because employees are divided into two types of associations. One does the strike and the other does not. The one that doesn’t, they come to the bank and work normally. I am in office today.
But one thumb rule to follow is that if State Bank of India employees are on strike, then banking operations across the country will naturally get affected.
He said the three banks that were to be merged have a total of 9,000 branches and that “it is certain that thousands of branches will be closed after the proposed merger”.


The call for the strike was issued by the United Forum of Bank Unions (UFBU), an umbrella body comprising nine unions including the All India Bank Officers Confederation (AIBOC), the All India Bank Employees’ Association (AIBEA), the National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW).

Input by the Hindu
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