Members of United Forum of Bank Unions (UFBU), which is an umbrella body of 9 bank unions protested at Gandhi Hall premises and gave a memorandum to officials at divisional commissioner's office.
Banking operations in 217 branches across the district remained paralysed for the second day here on Tuesday. Members of United Forum of Bank Unions, an umbrella organisation of nine bank unions, wer
Operations in public sector banks here were completely paralysed on Monday as employees and officers commenced their two-day strike opposing the proposed privatisation of two public sector banks as an
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Prabhjote GillFeb 3, 2021, 16:15 IST
Banks are threatening to go on strike if the government moves forward with its plan to disinvest public sector banks and Life Insurance CorporationBCCL
The All India Bank Officers’ Confederation (AIBOC) and the All India Bank Employees Association (AIBEA) are not on board with the Indian government’s plans to disinvest stake in banks.
According to them, selling government stake in public sector banks and Life Insurance Corporate (LIC) would threaten the stability of the sector.
Both organisations are threatening to strike if the government moves forward with its plans as announced by Finance Minister Nirmala Sitharaman during the Budget 2021-22 on February 1.Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSBs). The All India Bank Officers’ Confederation (AIBOC) released a harshly worded statement opposing the an