Bank strike on 1st December
Posted on: 26/Oct/2015 10:56:40 AM
All India Bank Employees Association (AIBEA) General Secretary CH.Venkatachalam told All India Bank Employees Association (AIBEA) has decided to resort to strike from December 1 against repeated attempts on the part of the State Bank of India(SBI) management to threaten closure of the Associate Banks and merge them with it.
The unions have been resisting the move. According to them, the need of the hour is to de-link the subsidiaries and make them independent units. Apart from this the Union opposed SBI’s career progression policy since it increases working hours (from 39 hours to 45 hours), seven-day banking, shift system and round-the-clock banking, outsourcing all manual jobs like sweepers, peons, increased passing powers for clerical staff at par with officers and periodical transfers in clerical / substaff cadre every three years like officers and posting only rural/semi-urban centers.
