Bank employees not yet paid for working overtime during demonitisation, threaten stir

Bhubaneswar/New Delhi: State-run bank unions have threatened to launch a nation-wide strike and even approach court if they are not paid the dues for the overtime work following the announcement of demonitisation.

“If our employers will not clear the overtime dues from the time we worked long hours during the demonetisation rush, we will go on strike and even seek intervention of court,” said a union member.

The November 8 decision of the Narendra Modi-led BJP to scrap bank notes of Rs 500 and Rs 1,000 denomination triggered a countrywide rush with people rushing to banks to exchange their notes for legal tender.

In some cases, staffers worked 14 hours at a stretch and their leaves were cancelled as the system struggled to deal with the unprecedented chaos, Hindustan Times reported.

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“We are yet to understand why banks are not paying the overtime dues to employees who are eligible for overtime dues… this pulls down the morale of the employees,” HT quoted a union member as saying.