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india Updated: Oct 28, 2006 00:07 IST
Highlight Story banks observe total strike

BANKING SERVICES remained completely paralysed in the city on Friday as over 1-lakh bank employees went on a day-long strike on a call given by the United Forum of Bank Unions (UFBU). Key demands of the employee unions are to seek complete ban on outsourcing of banking work to private parties, appointment on compassionate grounds for bank employees who died while in service and a second opportunity for employees to join a pension scheme floated by the banks earlier.

Work at the clearing houses came to a standstill as employee unions led by UFBU’s Lucknow district unit asked all members to stay away from office premises and join a gathering of all its affiliated unions in front of the SBI Main Branch in support of their demands.

All ATMs, however, functioned normally and no long queues were witnessed on any counter as a result of the strike.

Regional secretary of the Uttar Pradesh Unit of National Confederation of Bank Employees SC Jaitly said bank employees across the city held demonstrations in front of their respective branches and zonal head offices before joining  a large gathering of employees at the gate of the SBI main branch which was addressed by UFBU Lucknow district unit convenor Anil Kumar Srivastava.

He said the work of private banks was also affected as all clearing houses in the city remained closed.

“We have been constantly cautioning bank management against outsourcing work to private parties especially the business process outsourcing (BPO) units as there is a risk of confidential data of customers getting sold to third parties”, he said.

Jaitly said bank unions were likely to plan an indefinite strike at a later stage if demands of the employees were not met by the Union Government.