Hundreds of bank employees staged a protest march in Panaji, as part of a pan-India two-day strike against the Central government s moves to privatise public sector banks and other proposals to reform the banking sector, announced in Union .
Unions oppose move to privatise two public sector banks
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‘It will deprive farmers, SHGs and the poor of subsidised and interest-free loans’
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‘It will deprive farmers, SHGs and the poor of subsidised and interest-free loans’
Banking operations were paralysed in Public Sector Banks (PSBs) across the old undivided Khammam district on Monday, on the first day of the two-day strike launched by the employees owing allegiance to the constituent unions of the United Forum of Bank Unions (UFBU).
The UFBU has called for a two-day nationwide strike on Monday and Tuesday in protest against the Central government’s proposal to privatise two PSBs. The employees of various PSBs staged dharnas and rallies in Khammam, Kothagudem and several other parts of the erstwhile composite Khammam district. In Khammam, bank employees owing allegiance to the Union Bank Award Employees’ Union staged a demonstration holding placards. The placards read, “Bank priva
Bank strike: List of banks that are participating and services that will not be available freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
About 10 lakh bank employees will participate in the strike. However, services at private banks like ICICI Bank and HDFC Bank are likely to remain unaffected by the strike.