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PSU bank officers to go on 2-day strike

Four unions of officers of public sector banks have threatened a 2-day strike on 26 and 27 September to protest against the proposed mergers of 10 banks into 4 in the country. The 4 unions are All India Bank Officers’ Confederation, All India Bank Officers’ Association, Indian National Bank Officers’ Congress and National Organization of Bank Officers. The unions served a notice on the Indian Banks Association notifying about the strike. The government had earlier announced that 10 public sector banks will be merged into 4. The unions also said employees of the nationalized banks will go on an indefinite strike from the second week of November to press for their demands. The bank officers are also demanding immediate introduction of a 5-day week in full, reduction of cash transaction hours, regulated working hours and immediate halt of undue interference in the existing procedure of vigilance cases by outside agencies.

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