Public sector bank employees have threatened to go on strike on June 27 (File Photo) 
Latest News

5 days a week & etc: Public sector bank employees threaten to go on strike

The demands of Public sector bank employees included updation and revision of pension for all pensioners and restoring old pension

PSU Watch Bureau

New Delhi: Employees of public sector banks on Wednesday threatened to go on strike on June 27 to press for issues related to pension and the demand for five-day-a-week work.
The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW), decided to go on strike.

The demands of Public sector bank employees included an updation and revision of pension for all pensioners and doing away with the national pension scheme and restoring the old pension scheme for all bank employees, AIBEA general secretary C H Venkatachalam said after the meeting of UFBU.

AIBOC General Secretary Soumya Dutta said that about 7 lakh workers across the country would participate in the strike if the government and management of banks are insensitive to the unions' demands.

Goes without saying that the banking operations may be impacted if the Public sector bank employees' strike materialises.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

PESB selects Rajeev Kumar Sinha and Nripendra Nath for Director (Technical) positions at CMPDIL

MOIL achieves record-breaking production in April–June quarter of FY 2025-26

NBCC signs MoU with NFDC for redevelopment of Siri Fort Auditorium complex

Stock markets climb in early trade amid optimism over India-US trade deal

Need to ensure washed coal replaces imported coal in coastal ICB power plants: MCL CMD