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Staff Warns of Strike on August 22 Over Bank Mergers
July 07, 2017
Opposing the government’s decision of merging state-owned lenders, the banking staff has threatened to observe a one-day strike on August 22 all across the country.
United Forum of Bank Unions (UFBU) said that the staff wants RBI to make wilful defaulting a criminal offense and refrain from writing off corporate non-performing assets. Additionally, the banking union body wants the government not to impose service charges under the GST regime.
The services charges have been raised to 18% from 15% under the GST taxation system launched midnight yesterday.
