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NOBW not to go for strike

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New Delhi. ‘National Organisation of Bank Workers’ (NOBW) will not participate in proposed Bank strike on 23rd May. AIBEA, AIBOA, BEFI, INBEF and INBOC have given strike on 23rd May under the pretext to oppose “Nayak Panel” Report which contains recommendations for repeal of Banking Nationalisation Act and to reduce Government stake to below 50% to dilute ownership and government control over the functioning of the Public Sector Banks. NOBW fails to understand such a hurried initiative by these unions, especially when new government is yet to take over and systems are not in place. The agitationa programme appears to be motivated by political cause.  NOBW, therefore, will not participate in the programmes.

National Organisation of Bank Officers (NOBO), All India Bank Officers’ Confederation (AIBOC) and National Confederation of Bank Employees (NCBE) are also not party to the said strike. The call given by the leftist trade unions and political motivated.

NOBW and other Bank employees under the banner of United Forum of Bank Unions (UFBU) are against the “Nayak Panel” Report. NOBW strongly condemn the retrograde recommendations of the Nayak Committee and demand its outright rejection.

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