Bank of India Employees announce strike on 30 Sep and 1 Oct, Will Bank branches be closed on these days?

Bank of India Strike: Federation of Bank of India Staff Unions has announced two-day strike on 30 September and 1st October. The strike has been announced to resolve various ongoing issues. The union has raised several issues such as:

• Violation of the settlement dated 15th November 2014
• Violation of mutually agreed HR frameworks (Framework of Transfer on request and Rotational Transfer)
• acute shortage of Customer Service Associates (Clerks) in branches and offices
• in-formalization of subordinate staff cadre
• non- payment of bonus to casual or daily rated worker
• impact of initiation of transformative changes in HR Policies and Practices (under project titled BOl Star LIGHT)
• creation of toxic work culture
• unmindful expansion of BC network without making cost-benefit analysis of the project
• sub-optimal vendor risk management etc.

The bank union had informed MD & CEO about these issues in the month of June. But even after two months, no fruitful steps have been taken to resolve these issues. Now, the union is forced to take strict action against the bank management. As per the circular released by union, the protest will start from 12th September and strike will be conducted on 30 September and 1st October 2024