AIBOC   strongly  criticize the government move of merger /amalgamation of Public Sector Banks

On the call of All India Bank Officers Confederation , a body having more than 3.20 lac members across the country, held a massive demonstration , today , in front of Punjab National Bank , Bank Square Sector-17, Chandigarh, where more than 1000 bank officers participated and They demand their long pending Wage Revision as per Charter of Demand for all officer up to Scale VII, updation /revision of pension and family pension, introduction of five day week with immediate effect, stop mis- selling of third party products , focus on core business and NPA recovery , stop merger of Public Sector Banks. Speaking on the occasion Com Deepak Sharma, Joint General Secretary of AIBOC , strongly criticize the government and IBA for delay in their wage revision, which is due since November 2017 and demand immediate wage hike as per the charter of Demand for all the officers up to scale VII. He also demand immediate implementation of five day week . He further told that bank officers will observe 24 hour strike on 21^st December to press for acceptance of their demands.

Speaking on the occasion Com T S Saggu, State Secretary, AIBOC   strongly  criticize the government move of merger /amalgamation of Public Sector Banks and said that on the one side government is issuing licenses to the new small banks and on the other side they are merging the PSBs in the name of weak banks. He stated the all most all the PSBs  are in operating profit and in net loss due to provisioning. Government is not serious about recovery from big corporate defaulters and are not making stringent laws for the recovery from them. He further stated that proposed 24 hour strike  on 21^st December would be preceded by a series of massive agitation programmes across all the major centres and district headquarters, wearing of demand badges, display of posters at all Bank branches / offices / railway stations / bus stands, lunch time / evening time rally / demonstrations at all branches / offices and a Centralized Dharna at Delhi and at all State capitals and submission of Memorandum.

Others who were present on the demonstration are

Com. Ashok Goyal, Com Vipin Beri , Com . Arun Sikka Com D N Sharma, Com. H S Loona, Com. Neeru Saldi, Com. Balwinder Singh were also present on the venue.