Friday, Mar 29 2024 | Time 11:07 Hrs(IST)
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Business Economy


UFBU decides to oppose centre's decision to privatise banks, calls two-day bank strike from Mar 15

Hyderabad, Feb 9 (UNI) United Forum of Bank Unions (UFBU), comprising nine unions in the banking sector, on Tuesday decided to oppose the Central government's decision to privatise two banks as part of its disinvestment plan and called for a two-day nation-wide strike from March 15.
This was decided at a meeting of UFBU held here after Finance Minister Nirmala Sitharaman had announced in the Budget of privatisation of two banks.
All India Bank Employees Association (AIBEA) General Secretary Ch Venkatachalam, who participated in the meeting told UNI that further bank strikes will be decided after looking to developments.
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