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

Pahalgam Bled, But Kashmir Didn’t Bow

Pahalgam was the latest act in a long campaign of Pakistan-based militancy aimed at destabilizing Kashmir, especially as the region has gained strength through development,…writes John Spencer On April 22, 2025, gunmen

India–EFTA Trade Deal Gets Swiss Nod

Switzerland Ratifies Landmark EFTA-India Trade Pact, Paving Way for $100 Billion Investment…reports Asian Lite News Switzerland has ratified the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade

Jaishankar Meets SCO Chief

Jaishankar is on a three-day visit to China to attend the Foreign Ministers’ Meeting of the SCO member states being held in Tianjin….reports Asian Lite News External Affairs Minister S. Jaishankar met

Jaishankar Bats for Better Ties with China

Jaishankar underlined the importance of open dialogue and the exchange of perspectives as essential between two major neighbours and economies….reports Asian Lite News External Affairs Minister S. Jaishankar, in talks with Chinese

UN slams resumption of Houthi attacks

In the first such incidents for more than six months, the Yemeni group seized and then scuttled two Liberian-flagged bulk carriers operated by Greek shipping firms, leaving four seafarers presumed dead and
Go toTop