Bank strike hit general public, business

| | Dehradun
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Bank strike hit general public, business

Wednesday, 23 October 2019 | PNS | Dehradun

General public faced inconvenience due to the strike of the nationalised banks on Tuesday.

On the call given by the All India Bank employees association and Bank Employees federation of India, the bank employees of 22 banks of Uttarakhand observed a day long strike.

The strike hit the trade and commerce as transactions worth Rs 2,000 were affected. On the day, the employees assembled at the Atley hall and engaged in vehement protest.

The bank workers said that in the year 2017, six banks were merged which resulted in closure of more than 6,000 branches and 10,000 employees were forcibly retired.

They said that the recent declaration to merge Oriental bank and United Bank of India with Punjab National Bank, merger of Allahabad bank in Indian bank, merger of Corporation bank and Andhra Bank in Union Bank and merger of Syndicate Bank in Canara bank would again result in large scale retrenchment of workers and closure of branches.

General Secretary of Uttaranchal Bank employees union, Jagmohan Mehendiratta said that the bank employees are being harassed in the name of mergers.

He said the banks would face the problem of shortage of human resource as new recruitment would get stopped. He added in last 11 years the banks have earned revenue of 12 lakh crores, 90 per cent of which was squandered in waiver of loans of big businessmen.

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