Bank Employees Union to observe strike on Dec 26 over Bank merger

About 10 lakh bank employees and Officers will observe a nation-wide strike on December 26 in protest against the Union Government’s decision to merge the Bank of Baroda, Dena Bank and Vijaya Bank into one Bank.

United Forum of Bank Unions (UFBU), an umbrella body of 9 bank unions-AIBEA,AIBOC,NCBE,AIBOA,BEFI,INBEF,INBOC,NOBW,NOBO- has given the strike call.

AIBEA General Secretary Ch Venkatachalam in a release on Saturday said, ‘Merger of banks is unwarranted because it is not beneficial to the economy and people at large besides it will also affect the interests of employees, their jobs and job security and affect employment opportunities in Banks.’

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