Bank unions call for agitation over demonetisation related issues

Union leaders said that the agitational programmes include demonstrations on December 28, followed by the unions addressing a letter to Union Finance Minister Arun Jaitley on December 29. The union members will demonstrate over the issue on January 2 and 3, 2017.

Bank unions call for agitation over demonetisation related issues

All India Bank Employees Association (AIBEA) and All India Bank Officers Association (AIBOA) have given a call to agitate against various problems which include the safety and security of employees and extra time work stress due to note ban policy.

Union leaders said that the agitational programmes include demonstrations on December 28, followed by the unions addressing a letter to Union Finance Minister Arun Jaitley on December 29. The union members will demonstrate over the issue on January 2 and 3, 2017.


C H Venkatachalam, general secretary of AIBEA, and S Nagarajan, general secretary of AIBOA, said in a statement which issued today, “As per the call of our organisations, already our units have undertaken the programme of demonstrations in all major centres and met the local executives of RBI to hand over our memorandum.”

“If RBI is not able to supply adequate cash to banks, then the decision should be taken to suspend cash transactions in the bank branches till sufficient cash is supplied to banks,” the statement said.

They also demanded CBI inquiry into the cases of seizure of a huge number of new currency notes with some big persons when the bank branches are cash starved. The unions also demanded compensation to the families of the persons and bank staff who lost their lives recently due to the note ban policy.

The statement asked RBI and state governments to ensure safety and protection of bank employees and officers by maintaining law and order in all branches to prevent harassment of the staff. They also want proper compensation to employees and officers for their extra work/late sittings done in the last more than a month.

Both the unions claim to have over 5.50 lakh members out of the nearly 9 lakh bank employees in the country.