To oppose the transfer of bank employees across the country following the Central Vigilance Commission advisory in the wake of PNB fraud, All India Bank Employees’ Association (AIBEA) is considering a nationwide protest. The association has written to finance minister Arun Jaitley on Wednesday saying if the government will not respond positively, employees will go on strike. “We have taken up this issue with the FM. We have written to the government and waiting for their response,” said CH Venkatachalam, general secretary of AIBEA.

“We have no conflict with the CVC guidelines as they are well-intended. We may also inform you that, by and large, these guidelines are being implemented by the banks. But there is so much of over-reaction to the PNB fraud and the managements inform us that they are under pressure to transfer enmasse employees,” Venkatachalam said.