Bank Strike: There is going to be a strike in banks for two days. There may be a two-day strike in Public Sector Banks (PSBs) on 24-25 February 2025. All India Bank Officers Confederation (AIBOC) has warned to take this step in support of its pending demand
Bank Strike: There is going to be a strike in banks for two days. There may be a two-day strike in Public Sector Banks (PSBs) on 24-25 February 2025. All India Bank Officers Confederation (AIBOC) has warned to take this step in support of its pending demand. They have announced that bank employees will go on strike for 2 days in February.
Reason for strike
AIBOC has warned to go on strike over several issues. This is the main reason
- 5 days working – Bank employees have been demanding 5 days working for a long time. The main reason for the strike is also the demand for 5 days working.
- Staff recruitment: Demand to fill vacancies in all cadres and remove staff shortage.
- Withdrawal of DFS instructions: The recent guidelines of Performance Review and Productivity-Linked Incentive (PLI) were termed as discriminatory and a threat to job security.
- Important appointments: Demand to fill the vacant posts of worker/officer directors.
- Pending issues with IBA: Demand to resolve pending matters with the Indian Banks Association (IBA) soon.
Movement plan
AIBOC will issue a strike notice this month. The union has warned that if their demands are not met, they will take strict action. AIBOC accused the Department of Financial Services (DFS) of interfering in the operation of banks, which undermines the autonomy of the bank board.
Suggestions for customers
In view of the strike, customers should complete their important transactions like check clearance, cash withdrawal or account update before the strike date. Apart from this, digital banking channels can be used for regular banking needs. This strike affects the service of bank branches, so customers please be careful.
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