Banks unions call for two-day strike against proposed privatisation of PSBs
Team Udayavani, Mar 11, 2021, 7:59 PM IST
New Delhi: United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given 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 month, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) 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.
Conciliation meetings – before the Additional Chief Labour Commissioner on March 4, 9 and 10 – did not yield any positive result, All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said in a statement.
“Hence, it has been decided to go ahead with the strike for 2 continuous days on 15th and 16th March 2021. About 10 lakh bank employees and officers of the banks will participate in the strike,” he claimed.
Most of the banks, including the State Bank of India (SBI), have informed their customers about the impact on functioning of branches and offices if the strike materialises.
Banks have also informed that they are taking necessary steps for the smooth functioning of bank branches and offices on the days of the proposed strike.
Members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers” Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers” Association (AIBOA) and Bank Employees Confederation of India (BEFI).
Others are Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
NIA arrests key accused in 2023 attack on Indian High Commission in London
Indian nationals aboard ‘MSC Aries’ in good health, return delayed due to technicalities: MEA
Husband has no control over wife’s ‘stridhan’: SC
Second phase of LS polls: Polling on Friday for 88 seats in 13 states
Ex-IAS Officer Anil Tuteja accused of masterminding Chhattisgarh liquor scam: ED
MUST WATCH
Latest Additions
IndiGo, Air India plan to purchase up to 170 wide-body planes in little over a year
PM Modi urges citizens to exercise their powerful voice through voting, Encourages record turnout
IPL 2024: Patidar, spinners help RCB snap six-match losing streak
Polls underway in 14 Karnataka constituencies for Lok Sabha Elections
NIA arrests key accused in 2023 attack on Indian High Commission in London