Tuesday, December 6, 2016

Bank unions threaten to agitate, plan strike against work pressure

Bank unions are planning agitation, including strike, to highlight the heavy work pressure faced by employees in the wake of demonetisation and lack of improvement in supply of currency notes. 

While the government and the Reserve Bank of India (RBI) say there has been some improvement in supply for currency notes in the system, the ground reality is different, say the unions. 

C H Venkatachalam, general secretary of All India Bank Employees Association (AIBEA), told Business Standard that if the problems for bank employees continue, the unions would be compelled to strike. 

According to Venkatachalam, many ATMs are running out of cash and people have to stand in long queues at bank branches, making them restless and unruly, escalating into quarrels with bank staff. Having to work under such circumstances affects employees’ physical as well as mental health, he added. 

He said the situation is increasingly becoming unbearable and employees, including officers, are on the brink of losing their patience owing to sheer fatigue. They are unable to tell customers when the normal supply and flow of cash would be restored, AIBEA said.

While the problem of cash crunch still persists, lack of enough supply of small-denomination currency notes is also a problem because the banks are yet to get the new Rs 500 currency notes and customers are reluctant to accept Rs 2,000 notes. 

Similarly, Rs 100 notes are also in short supply. As a result, ATMs are non-functional and branches are finding it tough to deal with agitated customers, the union noted. 

Another problem is that RBI is supplying soiled and damaged Rs 100 currency notes, which customers are unwilling to accept. For employees also, dealing with soiled notes is a big health hazard, AIBEA said.

2 comments :

Sibajyoti Bardhan said...

Wonder why so late? Are UFBU, AIBEA, AIBOC etc. still alive? Even if they are - are they alive to the pain and sufferings of their rank and file? Their silence so far has been akin to pandering to the whims and fancies of a Dictator, aided and abetted by his cronies and of course the beneficiaries of the move. Now that atleast AIBEA has woken up, albeit belated, is praise-worthy. But please come out with your plan and programme instead of making empty noises. Sooner your programme is announced/declared - the better.

ajay kumar said...

Excellent...BJP`s spokes person Mr. Sambit Patra, on India News show, said that ther is enough cash with RBI and sufficient currency is being supplied to banks. He further added that banks are doing "JUGAAD" to the cash instead of paying to public. Media too is not covering the true story of banks.

Contact Us

Viewers may share any information with the administrator in this email shyamali00@gmail.com
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Do You Know These?:

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.