This may disrupt the services of both public and private banks across the country. This strike has been called after the negotiations with the Indian Banks Association, the organization of Indian banks, failed.

Which banks will be affected by this

According to media reports, SBI, PNB, BoB, ICICI and HDFC Bank have not given any official statement regarding this strike, but the effect of this strike can be seen in public sector, private sector and rural banks. Due to this, you may have to face disruptions in banking services for four days.

What is UFBU?

The United Forum of Bank Unions is an organization that includes a total of 9 major bank unions. It represents more than 8 lakh bank employees and officers. March 22 is also the fourth Saturday of the month, which is a holiday for all government and private banks. Banks will remain closed on March 23 as it is Sunday. At the same time, banks will remain closed on March 24 and 25 due to a two-day strike. Due to which banking services will be affected for four consecutive days.

Bank union demand

The demand of the United Forum of Bank Unions is to ensure adequate recruitment in the cadre as banks are facing a huge shortage of employees. This increases the workload even more. Bank unions demand that like government offices, the work schedule for banks should also be five days from Monday to Friday so that there is a work-life balance. Demand to ensure the safety of bank employees. Demand to fill the vacant staff and officer director posts in public sector banks. Demand to amend the Gratuity Act and increase the maximum limit to Rs 25 lakh.

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UFBU said that no positive result was achieved in the talks with the Indian Banks Association (IBA) on the main demands of the employee organization. In the meeting with IBA, UFBU members raised many issues including recruitment in all cadres and 5 day work week.

National Confederation of Bank Employees (NCBE) general secretary L Chandrasekhar said major issues remained unresolved despite the meeting. The United Forum of Bank Unions is the umbrella body of nine bank employees unions. UFBU had earlier called for a strike. The demands included filling up of workers’ and officer director posts in public sector banks.

What are the demands of the unions?

The unions have also demanded the withdrawal of recent instructions of the Department of Financial Services (DFS) on performance reviews and performance-linked incentives. They allege that such measures threaten job security. The UFBU has also opposed micro-management of public sector banks by the DFS, arguing that such interference undermines the autonomy of bank boards.

Other demands include resolving outstanding issues with the IBA, amending the Gratuity Act to increase the limit to Rs 25 lakh, aligning it with the scheme for government employees and seeking exemption from income tax.

UFBU comprises major bank unions including All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE) and All India Bank Officers Association (AIBOA).

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The post Bank Strike: Banks may remain closed on 24-25 March, Check all Details first appeared on Rightsofemployees.com.

In the meeting with IBA, UFBU members raised several issues including recruitment in all cadres and five-day working week. National Confederation of Bank Employees (NCBE) General Secretary L Chandrashekhar said that despite the meeting, the main issues remain unresolved. UFBU, an integrated body of nine bank employee unions, had earlier announced a strike over these demands.

These are also demands

UFBU has demanded immediate withdrawal of the recent instructions of the Department of Financial Services (DFS) on performance review and performance-linked incentives, which threaten job security and create divisions among employees. UFBU alleged that micro-management of PSBs on policy matters by the Department of Financial Services has undermined the autonomy of the respective boards. It also demanded resolution of pending issues with the Indian Banks’ Association and amendment of the Gratuity Act to increase the limit to Rs 25 lakh on the lines of the scheme for government employees and exemption from income tax.

Who all are included in UFBU

The members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI). Earlier, AIBOC had threatened to go on a two-day nationwide strike on February 24-25, 2025.

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The post Bank Strike: Banks will go on strike for 2 days this month, UFBU has put forth these demands first appeared on Rightsofemployees.com.

In a statement issued by UFBU on Friday, it was said that after due discussion and deliberation, it has been decided to start an agitation program with a two-day consecutive strike on 24 and 25 March 2025.

The demonstration will begin on February 14.

UFBU has decided to start the protest from February 14. On this day, protests will be held in the evening in district headquarters across the country. After this, a sit-in will be held in front of Parliament House on March 3, where a memorandum will be submitted to the Finance Minister and DFS.

Apart from this, UFBU has demanded immediate withdrawal of the recent instructions of the Department of Financial Services (DFS) on performance review and performance-based incentives, which ‘threaten job security and create division among employees. The employee unions also demand that the limit of gratuity be increased.

Their demand is that the Gratuity Act should be amended to make the maximum limit Rs 25 lakh and it should be made in line with the scheme of government employees. Also, it should be made free from income tax.

Autonomy of the board weakened: UFBU

The UFBU alleged that the DFS’ micro-management of public sector banks on policy matters has weakened the autonomy of the board. It also demanded resolution of pending issues with the Indian Banks’ Association (IBA) and amendment of the Gratuity Act to increase the limit to Rs 25 lakh on the lines of the government employees’ scheme and exemption from income tax.

The members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI).

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The post Bank Strike: Bank employees to go on strike March 24 and 25 – Check all Details first appeared on Rightsofemployees.com.

Reason for the strike

AIBOC has threatened 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 should be recruited : There is a demand to fill the vacancies in all cadres and to remove the shortage of staff.

Withdrawal of DFS guidelines: Recent guidelines on Performance Review and Productivity-Linked Incentives (PLI) termed as discriminatory and a threat to job security.

Important Appointments: Demand to fill up the vacant posts of Worker/Officer Directors.

Pending issues with IBA: Demand has been made for early resolution of pending issues with Indian Banks Association (IBA).

Movement plan

AIBOC will issue a strike notice this month. The union has warned that if their demands are not met, they will take tough steps. AIBOC accused the Department of Financial Services (DFS) of interfering in the operation of banks, which undermines the autonomy of the bank board.

Tips 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 should be careful.

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The post Bank Strike: Bank employees announced a 2-day strike, these are the demands of the employees first appeared on Rightsofemployees.com.

“The proposed strike is to show our protest against the action of the Bank of India to file a chargesheet against all 13 office bearers of the Bank of India Staff Union-Kerala under political pressure,” AIBEA General Secretary C. H. Venkatachalam told a news agency.

Venkatachalam also said that four of the chargesheeted employees are ex-servicemen, three of whom were Kargil war veterans. On the reason for the mass chargesheeting of union officials, he said, “The Bank of India Staff Union-Kerala is affiliated to the AIBEA.

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Tribute was paid to Pervez Musharraf

The bank union had distributed a draft report of its activities to its members for comments and suggestions. The draft report of the central general secretary included the names of 140 international and national personalities who had passed away during the last two years for tribute reference. This is a part of the report in all union conferences. Included in the list was the name of former Pakistan President Pervez Musharraf, who died in 2023, as he was the former head of the country.

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The post Bank strike today: Alert customers! Banking services to be hit due to the nationwide strike on August 28 first appeared on Rightsofemployees.com.

Both public and private banks across the country may be affected by the strike. According to the notification issued by the association, a 6-day strike is planned in December. Let us know which bank is on strike on which date.

December 4: Strikes are planned at Punjab National Bank (PNB), State Bank of India (SBI), and Punjab & Sind Bank.

5 December: There is strike in Bank of Baroda and Bank of India.
6 December: There is strike in Canara Bank and Central Bank of India.
7 December: There is strike in Indian Bank and UCO Bank.
8 December: There is strike in Union Bank of India and Bank of Maharashtra.
December 11: Private banks will also join the strike.
Please note that banks will remain closed on 9th and 10th December due to weekly holidays – Saturday and Sunday.

What is the reason for the strike: Actually, there is some demand from the bank employees. This includes preventing outsourcing of permanent jobs in the banking sector besides ensuring adequate recruitment of ‘award staff’ in all banks.

AIBEA general secretary CH Venkatachalam had earlier pointed out that outsourcing of jobs by some banks is putting customers’ privacy and their money at risk besides reducing recruitment at the grassroots level. At the same time, some banks are also violating the Industrial Disputes (Amendment) Act.

Due to this strike, banking services are likely to be disrupted across the country. Customers may face challenges in accessing various banking services due to absence of staff in many branches during this period.

The post Bank Strike! Banking employees will go on strike from 4 to 11 December, these customers will be directly affected first appeared on Rightsofemployees.com.

In fact, the United Forum of Bank Unions (UFBU) has postponed the two-day nationwide bank strike to be held on January 30-31 following the consensus reached in the conciliation meeting held in Mumbai.

Why was the countrywide bank strike postponed

All India General Secretary of Bank Employees’ Association (AIBEA) CH Venkatachalam has informed that the bank unions will first discuss their demands on January 31. According to Venkatachalam, the Indian Banks’ Association (IBA) has agreed to hold a meeting with the unions on January 31.

In the conciliation meeting held on Friday, it was decided that three common issues of five-day banking, updation of pension and restoration of old pension scheme would be discussed on January 31. Other issues will be discussed separately with the concerned authorities and labor unions.

Who had decided to go on strike

Significantly, the UFBU, a group of several bank unions, had earlier decided to go on strike for their various demands. According to him, these demands are being put before the ministry for a long time and no decision has been taken on them.

Bank unions have many demands – know about some

Bank unions have several demands including 5-day banking working culture, upgradation of pension, residual issues, scrapping of National Pension System (NPS), immediate commencement of negotiations on charter of demands for wage revision and adequate recruitment in all cadres. The decision to call the strike was taken by the UFBU.

The post Bank Customers Alert ! Bank unions have decided on the strike of 30-31 January, know details first appeared on Rightsofemployees.com.

From January 28 to January 31, you may have trouble in handling banking work. Let us tell you that the bank union has decided to go on strike for 2 days.

Why can there be trouble for 4 days?

Let us tell you that January 28 is the fourth Saturday of the month, due to which banks will remain closed. Along with this, banks across the country will remain closed on January 29 due to Sunday. Apart from all this, the bank union has announced a strike on 30 and 31 January, due to which customers may have to face trouble for 4 days.

Will go on strike to meet their demands

United Forum of Bank Union (UFBU) meeting was held in Mumbai in which bank unions have decided to go on strike for two days. Bank unions are going on strike to pressurize the government to meet their demands.

Giving information, CH Venkatachalam, General Secretary of All India Bank
Employees Association said that a meeting of the United Forum has been held, in which it has been decided to go on strike for 2 days. He has told that there is a demand of bank unions that the banking work should be done for 5 days. Along with this, the pension should also be updated.

These demands should also be fulfilled , along with this the demand of the employees is that NPS should be abolished and talks should be held for increase in salary. Apart from all this, there has been a demand to start the recruitment process in all the cadres. The union has decided to go on strike regarding all these demands.

Customers may face trouble for 4 consecutive days, let us tell you that Saturday and Sunday are bank holidays. After this, there is a bank strike on Monday and Tuesday, due to which customers may have to face problems. The problem of running out of cash in the ATM may come to the fore. Along with this, one may also have to face trouble regarding check clearance.

The post Bank Strike: Big news! Bank strike will remain for 2 days across the country, all these services including ATM will be affected first appeared on Rightsofemployees.com.

Bank Strike: If you have any work related to the bank, then settle it by today or tomorrow. Otherwise, later you may have to face many difficulties. In fact, the All India Bank Employees Association (AIBEA) has announced a nationwide strike on 19 November. Due to this, the work in the bank may come to a standstill.

The strike has been called by the Bank Employees Association (AIBEA) in connection with their demands. Bank of Baroda has issued a statement saying that they have received a notice from AIBEA. Its members have decided to go on bank strike on 19th November.

The All India Bank Employees Association has called for a strike against privatization of banks and in connection with their demands regarding the safety of bank employees. Therefore, in this season of marriage and marriage, due to the bank strike, customers may have to face many difficulties. Due to this strike of banks, there may be hindrances in the functioning. Banks will remain closed on Sunday after the bank strike on Saturday.

In such a situation, the work will be affected for 2 days. Saturday is the third day of the week. There is no holiday in the bank on this day. Some ATMs may face cash problem due to the strike. If you want to avoid the inconvenience, you can withdraw cash from ATMs a day in advance.

Bank holidays in November

20 November 2022: Due to Sunday being this day, banks will remain closed.

26 November 2022: Banks will remain closed due to this day being the fourth Saturday.

27 November 2022: Due to Sunday being this day, banks will have a holiday.

23 November 2022: On this day banks will remain open in all circles except Shillong due to Seng Kutsnem. During this, banks will remain closed only in Shillong.

The post Bank Strike: Big News for Bank Customers! Bank strike on November 19, customers may face problems, settle work quickly first appeared on Rightsofemployees.com.

If you have any important bank related work on Saturday 19th November, then settle it in advance, because on this day banking services across the country may be affected. On November 19, there may be a strike in banks across the country. The All India Bank Employees Association (AIBEA) has called for a one-day strike on November 19.

Bank of Baroda informed that all banking services including ATMs will be affected on this day due to the strike. Public sector Bank of Baroda (BoB) said in a notice sent to the stock exchanges, “The General Secretary of the All India Bank Employees Association has given a strike notice to the Indian Banks Association. The notice states that the members of AIBEA have proposed to go on strike on 19 November 2021 in support of their demands.

Bank taking necessary steps to continue functioning .

Attacks on bankers have increased. Earlier in October, AIBEA general secretary CH Venkatachalam had said in a statement, “The members of the union will go on strike to protest against the targeted harassment of bankers who are active in the union. He had said, “Recently the attacks on such bankers have not only increased, but there is a similarity in all the steps being taken against them. There is a conspiracy in these attacks. Insanity also has some way or the other. So we have to resist, retaliate and counter these attacks at the level of AIBEA.”

Venkatachalam claims that member bankers of AIBEA union have recently been sacked/retrenched from several banks including Sonali Bank, MUFG Bank, Federal Bank and Standard Chartered. He said that more than 3,300 clerk employees have been transferred from one station to another, which is in violation of bilateral agreement and bank-level agreement.

Meanwhile, All India Bank Officers’ Associations (AIBOC) has also accused foreign bank Standard Chartered of violating norms related to human resources . Along with this, while submitting a detailed memorandum, he has also appealed to the CEO of the bank to take appropriate steps in this matter immediately. The union also alleged that the bank was delaying the recognition of Association of Standard Chartered Bank Officers (Kolkata) despite several reminders.

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In fact, the All India Bank Employees Association (AIBEA) says that there will be a bank strike across the country on November 19, which may affect banking services across the country next week. Let us tell you that November 19 is the third Saturday.

While all banks remain open on the first and third Saturdays. In a regulatory filing on Monday, Bank of Baroda (BoB) said that the General Secretary of All India Bank Employees Union has given strike notice to Indian Banks Association, stating that their members went on strike on 19.11.2022 for their demands.

You can go and raise your demands. The bank said that, the bank is taking necessary steps for the smooth functioning of the branches and offices of the bank during the strike days, but in the event of a strike, the functioning of the branches and offices may be affected.

ATM services may also be affected

Along with this, it is being speculated that due to the strike on November 19, ATM services may also be affected. Therefore, it is important for you that the bank related work to be settled on the 19th should be settled a few days in advance. So that none of your bank related work gets hampered. Let us tell you that today banks are closed in Aizawl, Kanpur, Kolkata, Chandigarh, Jammu, Jaipur, Dehradun, New Delhi, Nagpur, Belapur, Bhubaneswar, due to Nanak Jayanti / Kartik Purnima / Rahas Purnima.

There will be a strike against the unfair transfer

AIBEA general secretary CH Venkatachalam said a few days ago that attacks on unions, rights of representation, harassment and retaliation on leaders and violations of agreements and unfair transfers of employees from one city to another and to destabilize employees’ lives and They will also strike against the separation.

The post Bank Strike: Big Alert! Bank strike on November 19, ATM services will also be affected, deal with important work first appeared on Rightsofemployees.com.