Warning that those who will take part in the strike will not be entitled to allowance and salary for that particular day, Union Bank, in the letter, said that the management will hold employees accountable.“All employees hereby are cautioned that their participating in the proposed strike on 16.12.2021 and 17.12.2021 would amount to a breach of their contract of service and the Bank will be constrained to take suitable action besides withholding od salary and emoluments,” reads the letter.Apparently, issuing warning letter to the employees by the Union Bank, has created more anger than fear among employees.A Canara Bank employee who did not wish to be named said that the “blind privatisation policy followed by the government is not a solution to the crisis the banking sector of India is going through”.The problem lies somewhere else, the employee said, referring to the bad loans and extravagant spending by the govt.
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