Nationwide Banking Strike Announced

The All India Bank Officers' Confederation (AIBOC) has declared a two-day nationwide strike scheduled for February 24 to 25, 2025. This move comes as a response to unmet demands including a five-day workweek, sufficient recruitment across all cadres, and the resolution of various long-pending issues.

Criticism of Recent Directives

In a recent statement, AIBOC criticized directives from the department of financial services (DFS), arguing that they threaten job security and create division among employees. The union is demanding the immediate withdrawal of these guidelines related to performance reviews and performance-linked incentives (PLI).

Call for Immediate Action

The union is also calling for the urgent appointment of workmen and officer directors in public sector banks (PSBs) and a resolution of residual matters with the Indian Banks' Association (IBA). AIBOC accuses the DFS of micromanaging PSBs in policy matters, thereby undermining the autonomy of their respective boards.

Potential for Further Agitation

AIBOC has warned that if their demands are not met, they will initiate further agitation programs after serving the strike notice this month, with the possibility of stronger actions to come.