AIBOC members can go on a strike on the Budget day

Some officers of public sector banks have threatened to go on a strike on February 29 to protest against the termination of P V Mohanan, General Secretary of Dhanlaxmi Bank Officers' Organisation.

If the strike happens, it will be coinciding with the unveiling of Budget 2016.

Havinder Singh, the General Secretary of All India Bank Officers Confederation (AIBOC), the members will go on a one-day nationwide strike on February 29 as Mohanan, who is also the president of the AIBOC (Kerala State) was terminated from the services of Dhanlaxmi Bank invoking draconian clause.

"Since conciliation meeting failed with the management to resolve the issue despite all efforts. So there was no alternative but to go on strike," he said.

He also added that the association has about 2.75 lakh officers as its members.

Many banks, including Bank of Baroda, Canara Bank and Andhra Bank, have already issued advisory notices to its customers, informing about the strike call and regretting the inconvenience.

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