New Delhi, June 8: Employees of public sector banks on Wednesday threatened to go on strike on June 27 to press for issues related to pension and the demand for five-days-a-week work. The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW), decided to go on strike.

Their demands included updation and revision of pension for all pensioners and doing away with the national pension scheme and restore old pension scheme for all bank employees, AIBEA general secretary C H Venkatachalam said after the meeting of UFBU. Banks To Observe Nationwide Strike on March 28–29 To Protest Against Banking Laws (Amendment) Bill, 2021.

AIBOC General Secretary Soumya Dutta said that about 7 lakh workers across the country would participate in the strike, if the government and management of banks are insensitive to the unions' demands. Banking operation may be impacted if the strike materalises.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)