February 9, 2021
1 min read

Bank unions to go on strike on March 15, 16

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….reports Asian Lite News

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.

“The meeting observed that all these measures are retrograde and hence need to be protested and opposed,” it said.

AIBOC STATEMENT

After deliberations, the meeting decided that intensive struggle programmes and agitational actions have to be launched to fight back these policies of the government, the AIBEA statement said.

It added that further strikes will be decided looking at developments.

“The Government’s announcement to privatise our public sector banks is totally unfortunate and unwarranted. The need of the hour is to strengthen public sector banks,” the statement said.

Further, the meeting took note of the continuing agitation by the farmers against the farm laws enacted by the government expressed its solidarity with their struggle, it said.

“The meeting adopted a resolution urging upon the government to reconsider their standpoint and find amicable solutions to the demands of the farmers.”

Also read:No talks between Hyundai-Apple, shares drop

Previous Story

B’wood star Rajiv Kapoor passes away

Next Story

Musk puts condition for Starlink IPO

Latest from -Top News

BRICS Bank Welcomes Colombia, Uzbekistan

The bank’s Board of Governors approved the accession of the two countries, bringing the total membership to 11….reports Asian Lite News Colombia and Uzbekistan have joined the New Development Bank (NDB), expanding

Musk Goes Political

Billionaire tech mogul launches ‘America Party’ to challenge Washington’s status quo…reports Asian Lite News In a sensational twist to the Trump-Musk fallout saga, the Tesla CEO launched his own “America Party”. Musk

UAE Takes Part in 3rd BRICS Sherpa Meeting

For the UAE, BRICS provides a valuable platform for dialogue and policy coordination across regions….reports Asian Lite News Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs and the UAE’s
Go toTop