Bank staff stage protest against privatisation

Patiala, December 7

The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, at its virtual meeting held on November 29 and 30 has called for two-day nationwide strike from December 16, opposing the move of the Central Government to privatise Public Sector Banks (PSBs) and resist the move of introduction and passage of the Banking Laws (Amendment) Bill, 2021, in the ongoing Winter Session of Parliament.

In a demonstration held today at Leela Bhawan Complex, SK Gautam, joint secretary, All India Bank Employees Association (AIBEA), said that for the past 25 years, from the banner of UFBU we have been opposing the policies of banking reforms which are aimed at weakening PSBs. He said in February this year, when the government announced in the Budget that two PSBs would be privatised in addition to IDBI Bank, UFBU immediately met and gave the call for strike on March 15 and 16 which was a massive success due to the enlarged participation of bank employees and officers.

Yadvinder Gupta, president, SBIEU, Chandigarh Circle, said, “On the day of introduction of Banking Laws (Amendment) Bill, there will be a demonstration before Parliament by the UFBU leaders, submission of online petition to Prime Minister Narendra Modi on December 14 and press meets in all state capitals on December 15 on the issue.” — TNS

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