Bankers strike may cause a loss of Rs 12,700 crore per day - 11th Bipartite Wage Settlement - Latest News

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Wednesday, 29 January 2020

Bankers strike may cause a loss of Rs 12,700 crore per day

Public Sector Bank's Employees Strike - A PIL filed by eight trade federations in the High Court of Gujarat against the proposed merger of the Bank employees. 

The PIL claimed the strike would cause a loss of Rs 12,700 crore per day. 

The PIL has been filed by Gujarat Traders Federation, Rajkot Chamber of Commerce and Industry, Central Gujarat Chamber of Commerce and Industry, Ahmedabad Auto Parts Association among others.

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

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