Operations at public sector banks may be hit on Tuesday as most unions, under the aegis of the UFBU, have threatened to go on strike, pressing for various demands.Most banks, including SBI, PNB and BoB, have kept their customers informed about the same. The functioning of private banks is expected to be normal, but clearance of cheques may be delayed.
The United Forum of Bank Unions is an umbrella body of nine unions, but two of the Bharatiya Mazdoor Sangh affiliates — National Organisation of Bank Workers and National
Organisation of Bank Officers — are not part of the strike.
The conciliation meeting with the chief labour commissioner failed to break the logjam as the bank management, represented by the Indian Banks Association, did not agree to the demands, said All India Bank Employees’ Association general secretary C H Venkatachalam.
All attempts to find solutions to the demands raised by the unions yielded no results and hence, the UFBU decided to proceed with the proposed strike on February 28, he said.