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Reading: Nine lakh bank employees go on two-day strike against privatization
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Nine lakh bank employees go on two-day strike against privatization

Alex Marshal
Last updated: 2021/12/16 at 3:11 PM
By Alex Marshal 1 year ago
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New Delhi: Nearly 900,000 employees across the country have gone on a two-day strike against the privatization of two public sector banks. Banks will reopen on Saturday this week but will be closed again on Sunday. In such cases, people may face difficulties in doing bank related work.

Mahesh Mishra, state convener of the United Forum of Bank Unions, said in a press statement that the strike would involve officials and employees working in more than 4,000 public sector branches. He said that the central government was going to introduce a bill to amend the banking law in the current session of parliament, which would pave the way for privatization of state-owned banks in future. Bank employees and officials will go on a two-day nationwide strike on December 16 and 17 to protest the decision.

As a result of this strike, the general public may face difficulties for two days. Most banks, including the State Bank of India (SBI), have informed their employees that the strike could affect services such as check clearance and fund transfer.privatization

Somiya Dutta, general secretary of the All India Bank Officers’ Confederation (AIBOC), said efforts to reconcile with the Additional Labor Commissioner on Wednesday had failed and the union stood by its decision to go on strike.

privatization Nine lakh bank employees go on two-day strike
privatization Nine lakh bank employees go on two-day strike

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Posted by Alex Marshal
Alex Marshal is a journalist with Asia Times Now, California.
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