- Bank employee unions have called for a nation-wide strike on August 22
- Nearly 10 lakh employees from PSU and private banks will participate
- The unions have opposed privatisation and merger of public sector banks
Bank employee unions have called for a nation-wide strike on August 22 to protest against privatisation and merger of public sector banks, among other demands, a union leader said. The All India Bank Employees Association (AIBEA), which represents nine bank unions and employees of public and private sector banks, has called for a nation-wide strike on August 22 to press for various demands, its general secretary C H Venkatachalam said.
Nearly 10 lakh employees would participate in the strike to protest plans to privatise public sector banks, merger and consolidation of banks and other demands including not to write-off non-performing assets (NPAs) in banks, Venkatachalam said in a statement.
Some of the other demands put forth by the unions include declaring wilful default of bank loans as criminal offence, implementation of the recommendations of Parliamentary Committee on recovery of NPAs.
Stating that people should not be penalised for corporate default, he said after the proposed stir on August 22, a rally would be conducted on September 15. Some time in October or November, continuous strike for two days would be conducted, he said.