AIBEA warns of nationwide strike demanding immediate recruitment of bank staff

AIBEA warns of nationwide strike; demands adequate bank staff, opposes outsourcing, and urges action against loan defaulters to recover bad loans.

The All India Bank Employees’ Association (AIBEA) might go on a countrywide agitation, including strikes, demanding adequate staff in the public and private sector banks, where positions have been lying vacant for years.

In a statement AIBEA General Secretary C.H. Venkatachalam said that they have been demanding for adequate recruitment of staff in the banks to fill up all the vacancies as it affects effective and satisfactory service to customers.

“In the last few years, Banks are not recruiting adequate number of employees. Recruitment of staff has slowed down. Recruitment of subordinate employees has been stopped totally. There are more than one lakh vacant posts in the Banks which remain unfilled,” he said.

According to him, instead of filling up these vacancies, banks are trying to outsource these permanent jobs on temporary and contract basis, which AIBEA strongly opposes.

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Talking about the recovery of bad loans, he urged the Government to publish the list of loan defaulters and action should be taken to recover the loans.

Mr. Venkatachalam said that bad loans/Non performing Assets in the banks have increased over the years. Bulk of the defaulted loans are dues from the big private corporate companies and not from individuals.