All India Bank Employees’ Association, All India Bank Officers’ Association and Bank Employees Federation of India will take part in strike. Photo: MintNew Delhi: A section of bank trade unions have threatened to go on a day-long nation-wide strike on 7 February to press various demands including complete removal of restrictions imposed during demonetisation period and safeguarding the autonomy of the Reserve Bank of India (RBI). Apart from All India Bank Employees’ Association( AIBEA), other unions which will be part of the strike are All India Bank Officers’ Association (AIBOA) and Bank Employees Federation of India (BEFI). He added that the government is interfering by appointing officials to monitor cash management which is affecting the autonomy of RBI. “Humiliated” by the events since demonetisation, even RBI employees had written to governor Urjit Patel protesting the operational “mismanagement” of the note ban exercise and the government impinging the apex bank’s autonomy.

Source: Mint January 20, 2017 13:27 UTC