Bank employees begin 2-day strike against Centre's privatization move

GUWAHATI: Employees of public sector banks -- including the State Bank of India (SBI) -- went on a two-day strike starting today against the move to privatise public sector banks impacting normal banking operation across the country.

However, the private sector, especially new-generation private-sector lenders, like HDFC Bank, ICICI Bank and Kotak Mahindra Bank, are functioning as usual.

The United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions with over 10 lakh bank employees and officers, has called the strike to protest the government's decision to privatise several banks in the country.

The unions operating under the aegis of UFBU are All India Bank Employees Association (AIBEA), All India Bank Officers' Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers' Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).

Follow us on Facebook