A statement by the All India Bank Employees' Association (AIBEA) said that the meeting discussed the various announcements made in the budget regarding reform measures including privatisation of IDBI Bank and two public sector banks and setting up of bad bank.
By siliconindia | Wednesday, 10 February 2021, 04:16 Hrs Bank unions on Tuesday called for a two-day strike starting March 15, against the proposed privatisation of banks. During a meeting in Hyderabad on Tuesday, the United Forum of Bank Unions also decided to hold a day long Dharna (protest) in all state capitals on February 19 followed by relay dharnas from February 20 to March 10 in all states, districts and towns. A statement by the All-India Bank Employees Association said that the meeting discussed the various announcements made in the budget regarding reform measures including privatisation of IDBI Bank and two public sector banks and setting up of bad bank.
Bank Unions called for a two-day strike against privatisation
Bank unions on Tuesday called for a two-day strike starting March 15, against the proposed privatisation of banks.
| 10 Feb 2021 6:52 AM GMT
NEW DELHI: Bank unions on Tuesday called for a two-day strike starting March 15, against the proposed privatisation of banks.
During a meeting in Hyderabad on Tuesday, the United Forum of Bank Unions also decided to hold a day long Dharna (protest) in all state capitals on February 19 followed by relay dharnas from February 20 to March 10 in all States, districts and towns.
A statement by the All India Bank Employees Association said that the meeting discussed the various announcements made in the budget regarding reform measures including privatisation of
The United Forum of Bank Unions (UFBU) has called for a two-day strike next month – March 15 and March 16 – to oppose the proposed privatisation of Public Sector Banks (PSBs) and other reform measures
(Representative image)
NEW DELHI: The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, on Tuesday gave a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders.
In the Union Budget presented last week, finance minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs)Â as part of its disinvestment plan.
The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years.
It has been decided to oppose the government s decision to privatise banks during the meeting of UFBU held on Tuesday, All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said.