LKB merger: Kerala TU plans strike

Industry:    2016-04-03

LKB merger: Kerala TU plans strike

Announcing their support for the workers of Lord Krishna Bank who have been agitating against the merger of the bank with Centurion Bank of Punjab, the Kerala unit of the United Forum of Bank Unions (UFBU) has called for a State-wide bank strike on October 3. With the strike called for on October 3, banks in the State will remain closed for four days in a row, UFBU said. October 3 falls on a Tuesday after the banks remain closed on Sunday as well as on Monday, on account of Gandhi Jayanthi.

The UFBU pointed out that workers and officers of Lord Krishna Bank have been on strike demanding that the merger move with Centurion Bank of Punjab be called off and to conduct a comprehensive investigation into the circumstances that led to the necessity of the merger.

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