The All India Bank Employees Association (AIBEA) has decided to go ahead with the bank strike on November 19. The banking services across the country will be affected on November 19 i.e Saturday due to the strike called by the All India Bank Employees’ Association.
“Our call for All India Strike on 19th Nov. 2022. Discussions with IBA & Managements. Outcome not satisfactory,” AIBEA said.
Why is the bank strike called on 19 November?
- Increasing attacks on trade unions, rights, jobs and job security
- Violation of Bipartite settlement & I.D. Act
- Harassment of employees by transfers in violation of settlements
- Denial of wage revision in CSB Bank
In a regulatory filing, the Bank of Baroda said that the general secretary of AIBEA had served a notice of the strike to the Indian Banks’ Association informing that the members propose to go on a strike on November 19, 2022, in support of their demands.
As per the Reserve Bank of India’s (RBI) holiday calendar, banks in India will remain closed for up to 10 days in the month of November. After November 19, banks will remain shut for four days including fourth Saturday, Sundays and regional holidays.