Trade unions across the country are all set to go ahead with the general strike on September, 2, 2015 and bank employees who are part of the Union will also strike work.

This strike is in condemnation of the apathy of the Central Government to the plight of the workers and against the various proposals of the Government to codify the labour laws, a trade union leader was quoted in a release.

"Our 12 points charter has been deliberately kept aside by the Government. What is the way out for the workers than to show their protest through the strike?, " he added.

CH Venkatachalam, General Secretary of the leading bank trade union All India Bank Employees Association(AIBEA), said that allowing Payment Banks to be started by various private entities including Reliance and Birla will have serious implications for the market share of Public Sector Banks (PSBs).

What is more tragic is that large PSBs are running after these private companies to become a junior partner in the proposed Payment Banks, he felt.

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