BANK NEWS
Bank unions call strike on Feb 7 demanding solution to demonetisation issues
KOLKATA. Bank employees’ and officers’ unions on Friday called for an all-India strike onFebruary 7 demanding a solution to the demonetisation problems and recovery of bad loans.
In a joint statement, the All India Bank Employees Association (AIBEA), All India Bank Officers Association (AIBOA) and the Bank Employees Federation of India (BEFI) said ever since the central government announced the demonetisation scheme on November 8, 2016, the entire banking sector was plunged in turmoil.
“But even now we find that there is acute shortage of cash supply to the banks with the result that bank branches are not able to honour even the restricted payments... Most of the ATMs are still non-functional and even where they are functioning, there is no cash to dispense,” the unions said.Hindustan Times
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