Bank Strike : There is going to be a two-day strike in banks. Public Sector Banks (PSBs) may go on a two-day strike on 24-25 February 2025. The All India Bank Officers Confederation (AIBOC) has threatened to take this step in support of their pending demands. They have announced that bank employees will go on strike for 2 days in February.
Reason for the strike
AIBOC has threatened to go on strike over several issues. This is the main reason
5 days working – Bank employees have been demanding 5 days working for a long time. The main reason for the strike is also the demand for 5 days working.
Staff should be recruited : There is a demand to fill the vacancies in all cadres and to remove the shortage of staff.
Withdrawal of DFS guidelines: Recent guidelines on Performance Review and Productivity-Linked Incentives (PLI) termed as discriminatory and a threat to job security.
Important Appointments: Demand to fill up the vacant posts of Worker/Officer Directors.
Pending issues with IBA: Demand has been made for early resolution of pending issues with Indian Banks Association (IBA).
Movement plan
AIBOC will issue a strike notice this month. The union has warned that if their demands are not met, they will take tough steps. AIBOC accused the Department of Financial Services (DFS) of interfering in the operation of banks, which undermines the autonomy of the bank board.
Tips for customers
In view of the strike, customers should complete their important transactions like check clearance, cash withdrawal or account update before the strike date. Apart from this, digital banking channels can be used for regular banking needs. This strike affects the service of bank branches, so customers should be careful.
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