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Thursday, May 12, 2016

Bank unions call for nation-wide strike on July 29,2016

The United Forum of Bank Unions, a representative body of nine Bank unions, has called for day long all-India Bank strike on July 29,2016

The strike is to register the unions' protest against banking reforms being contemplated by the Central Government, All India Bank Employees Association General Secretary C. H. Venkatachalam said in a statement. 

The UFBU has decided to express its protest by going on strike as the Government proposes to go ahead with banking reforms such as consolidation and merger of banks, sanction of more licences to private companies and privatisation of IDBI, the statement added.

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