Banks in various regions are gearing up for an impending strike action, scheduled to take place from December 4th to the 11th. The banks are preparing for sustained protests against the implementation of permanent staff cuts and the outsourcing of services, particularly related to the outsourcing of banking services. The United Forum of Bank Unions (UFBU) has issued a notification outlining these plans. It is emphasized that the strike is a response to the potential compromise of critical customer information due to the sudden layoffs of temporary staff.
Starting on December 4th, banks such as State Bank of India (SBI), Punjab National Bank (PNB), and others are set to participate in the strike. On December 5th, Bank of India, Bank of Baroda, and others will join the protest. December 6th will see employees of Central Bank of India, Canara Bank, and other banks participating. Subsequently, on December 7th, employees from banks like UCO Bank and Indian Bank will join the strike. December 8th will witness the participation of staff from Union Bank of India, Bank of Maharashtra, and others. Private bank employees are set to join the strike on December 11th.