A nationwide strike is scheduled to take place across major public and private banks from 4 December, 2023 till 20 January 2024. The All India Bank Employee Association ( AIBEA), which comprises institutions such as the State Bank of India, IndusInd Bank, and Bank of Baroda, has announced that the strike will commence on 4 December.
The strike will kick off with a nationwide protest at SBI, Punjab National Bank, and Punjab and Sind Bank on 4 December 2023. Additionally, several banks will remain closed on 5, 6, 7, 8, and 11 December.
As per an official statement, the employee association has highlighted several reasons for the strike. For one, the existing employees want more people to be hired for certain jobs in the banks. Additionally, they don’t want to give permanent jobs to outside workers, and they want the rules pertaining to outsourcing jobs to be followed properly.
Both public and private banks including HDFC Bank, ICICI Bank, and Axis Bank are set to join the nationwide strike on 11 December. As per media reports, the most significant impact of the strike is expected on 19 and 20 January, as all public and private banks will remain closed on these days.
Beginning on 2 January, the strike will transform into work stoppages organised on a state-wise basis. Furthermore, the same day employees of all banks located in Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Karnataka, Puducherry, Andaman & Nicobar, and Lakshadweep will initiate a strike.
Similarly, banks in Uttar Pradesh will observe a strike on 4 January, while those in New Delhi will remain closed on 5 January 2024.