Latest Breaking News On - Bank officer association - Page 1 : comparemela.com

The strike comes in the wake of Finance Minister Nirmala Sitharaman s announement in the Union Budget 2021-22 of privatisation of two public sector banks (apart from IDBI Bank) as part of the government’s disinvestment drive to generate Rs 1.75 lakh crore. The United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions has decided to call the strike. The IDBI Bank is already privatised by the government by selling its majority stake to the Life Insurance Corporation of India (LIC) in 2019 and merged 14 public sector banks in the last four years. State Bank of India explaining the consequences of the strike had said, We inform that, we have been advised by lndian Banks Association lBA that United Forum of Bank Unions UFBU which comprises 9 major Unions, viz. All lndia Bank Employees’ Association AIBEA, All India Bank Officers’ Confederation AIBOC, National Confederation of Bank Employees NCBE, All lndia Bank Officers’ Association AIBOA, Bank Employe

Nirmala sitharamanNational organisation of bank officersLife insurance corporation of indiaIndian national bank employees federationBanks associationUnion budgetBank employees federation of indiaUnited forum of bank unionsWhile bankBank employee associationNational organisation of bank workersIndian national bankNational confederation of bank employeesIndia bankFinance minister nirmala sitharamanUnited forum