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Alert! Banking services likely to be affected again as 10 lakh employees will be on a day-long strike in India

Speed News Desk | Updated on: 26 December 2018, 10:16 IST

After five days long holidays, once again bank services in India likely to be affected today also as nearly 10 lakhs of bank employees will be a day-long strike. Therefore, consumers will have to face some problem due to a bank strike.

However, the strike has been called by the United Forum of Bank Unions (UFBU). Around 10 lakh of employees and officers across 21 public sector bank are having the membership, claims the union.


However, from the last five days, banks have remained closed on the account of three holidays and also a strike on Friday (21st December). Today also some banks will remain closed, therefore, people likely to face inconvenience today.

Here’s why employees are protesting:

The reason behind the strike of the employees is against the merger of many public sector banks, besides demanding pay revision.

The protest is against the government’s move to amalgamate Dena Bank, Bank of Baroda and Vijaya Bank.

At least nine banks have called give the strike call, included the All India Bank Employees Association (AIBEA) and the National Organisation of Bank Workers (NOBW). 

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First published: 26 December 2018, 8:56 IST