Banks to cease work for 48 hours : 20th mar25 ~ E-Pao! Headlines

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Banks to cease work for 48 hours
Source: Chronicle News Service

Imphal, March 19 2025: United Forum of Bank Unions, a joint body of nine bank unions, informed that it will launch 48 hours strike from midnight of March 23 till March 25.In a release, Forum's Manipur State Committee convenor Loitongbam Maipak Meetei said the 48 hours agitation is in pursuance of the demands for adequate recruitment in all cadres, regularise service of temporary employees, implementation of 5-day work per week, immediate withdrawal of the recent DFS/government directives on performance reviews and PLI, safety of bank officers and staff against assault and abuses, filling up the post of workmen/officer directors in PSBs, resolution of residual issues pending with IBA, amend Gratuity Act, recover income tax on staff welfare benefits given to employees, maintain minimum of 51 per cent of Equity Capital in IDBI bank by government and to stop micromanagement of PSCs by DSFs on policy matters affecting service conditions of employees.

Since the management or the government failed to settle the aforementioned issues, the Forum has been constrained to launch the cease work agitation, he reasoned, and appealed to the people to the bankers' demand and bear the inconveniences faced.

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