Public banks non-operational as unions go ahead with day-long strike

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The UFBU is an umbrella body of 9 unions, but two of Bharatiya Mazdoor Sangh affiliates — the National Organisation of Bank Workers and the National Organisation of Bank Officers — are not part of the stir.

Unions are also opposed to the proposed labour reforms of the government and outsourcing of permanent jobs in the banking sector.

Some of the demands include compensation of employees and officers for extra hours they put in following demonetisation in November and early initiation of next wage revision.

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