Bank employees from 2 unions to go on strike on October 22, services might get affected

Money Control | Oct 18, 2019 at 5:32 PM
  • Banking services might be affected next week as two bank unions have threatened to go on a 24-hour long strike on October 22 to protest against the recent bank mergers, falling deposit rates and a call for job security.
  • The two unions — the All India Bank Employees’ Association (AIBEA) and the Bank Employees Federation of India (BEFI)— have informed the Indian Banks’ Asociation via a notice that they will go on strike from 6 am on October 22 to 6 am on October 23, as per a Mint report.
  • Other banks have also expressed concerns over the proposed strike.