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Things to Know About United Forum of Bank Unions Strike Tomorrow

August 22, 2017

Things to Know About United Forum of Bank Unions Strike Tomorrow

Unhappy with the government’s decision of banks’ mergers and a few additional issues, Union Forum of Bank Unions (UFBU) has decided to call a nation-wide strike on August 22.

  • UFBU comprises of nine unions including National Organisation of Bank Workers (NOBW) and All India Bank Employees Association (AIBEA), etc.
  • Some of the union demands include the elimination of write-off for corporate banks’ NPAs, criminalization of wilful defaulting, etc.
  • While several banks are likely to be affected by the strike, private sector banks such as Axis Bank, ICICI Bank expect normal operations save for check clearance delays.
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