Bank Employees Strike: Four Lakh Personnel to Protest Against Merger of PSBs on September 26-27

Chennai, September 21: Around four lakh bank employees throughout the country are set to strike their works on September 26-27 to protest against the merger of public sector banks. Speaking to ANI, secretary of All India Bank Officers' Confederation's (AIBOC) state unit R Sekaran said: "From September 26 to 27, four organisations representing four lakh officers throughout the country will go on strike. We are opposing the merger of public sector banks as it is against the general public." Bank Holidays in September 2019: State-Run Banks to Remain Shut for 4 Days Straight From September 26 to 29.

Accusing the Central government of taking unilateral action, Sekaran said the Central government has not consulted the banking personnel and the general public before making the decisions. Some other demands of the bankers include pending wage revision, reduction in service charges levied by banks on customers and ensuring adequate staffing.

"Four lakh banking personnel will participate in the strike and Rs 48,000 crore worth of transactions will be affected in a day," said Sekaran. Upon being asked about the inconvenience caused to the customers, the official asserted that the organisation is protesting for the interest of the general public. Economic Crisis in India: LIC Loses Rs 17,000 of its Wealth in PSBs in Last 1 Year.

"We are fighting for the people. Going on strike is our last resort. We made several agitations but to no avail. Public sector banks should continue to exist," said Sekaran.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)