Banks unions call for two-day strike against proposed privatisation of PSBs
PTI, Mar 12, 2021, 11:05 AM IST
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 CH 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 the 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 the 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
Rahul Gandhi to attend caste census meeting in Hyderabad today
FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader
In-flight passengers can access WiFi services only when allowed, say new rules
Balasore tragedy result of composite negligence of railway officials: Orissa High Court
Three convicted for 2016 Kollam collectorate blast case
MUST WATCH
Latest Additions
MRPL offers Rs 1 cr to buy advanced TB testing machines
Salman Khan gets another threat, asked to cough up Rs 5 cr
Mangaluru: Vishwa Konkani Samaroh to be held on Nov 5 and 6
Canadian cop suspended for attending pro-Khalistan protest outside Hindu temple
Rahul Gandhi to attend caste census meeting in Hyderabad today
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.