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Banking services may be hit on Nov 19 as union calls for nationwide strike

Banking services, including ATMs, are likely to be affected on November 19 as the All India Bank Employees’ Association (AIBEA) have called for a nationwide strike while pressing for their demands.
November 19 is the third Saturday of this month and banks remain open on first and third Saturday of every month. Banking institutions across India remain closed on the second and fourth Saturdays of every month.
In a regulatory filing, Bank of Baroda said, “General Secretary of All India Bank Employees’ Association (AIBEA) has served notice of strike to Indian Banks’ Association informing that their members propose to go on strike on 19.11.2022 in support of their demands.”
Though the bank is taking necessary steps for smooth functioning of bank’s branches and offices on the days of strike, in the event the strike materializes, the functioning of the branches and offices may be affected, the lender said.
Earlier in October, AIBEA General Secretary C H Venkatachalam had said that the members will strike work to protest against the “targeted victimisation of bankers for being active in the union”.
He said “attacks have not only increased lately but there is also a common thread in all moves. “There is a design in these attacks. There is some method in the madness. Hence, we have to resist, retort and repulse these attacks at the AIBEA level as a whole,” Venkatachalam told his members, as per an IANS report.
Venkatachalam claims AIBEA union leaders have been dismissed/retrenched from lenders including Sonali Bank, MUFG Bank, Federal Bank and Standard Chartered Bank. He added that more than 3,300 clerical staff have been transferred from one station to another violating the bipartite settlement and bank-level settlement.

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