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IDBI Bank employees to hold nationwide two-day hunger strike over stake sale

New Delhi, Oct 19 (UNI) The United Forum of IDBI Officers and Employees (UFIOE) has announced a two-day nationwide hunger strike on November 2 and 3 to oppose the proposed sale of IDBI Bank to Canada-based Fairfax Financial Holdings Group. The forum, which represents officers and employees through two associations, has issued a formal strike notice to the bank's management under the Industrial Relations Code, 2020. The agitation comes amid the proposed transfer of management control of the bank to the Fairfax group, alongside the dilution of the government's and Life Insurance Corporation of India's (LIC) stakes. The forum has…

News Details

Words:
103
Type:
TEXT
Slug:
BUSINESS IDBI BANK EMPLOYEES
Source
UNI India
Category
,
Published At
19/10/26 09:19
Last updated
19/10/26 09:19
Location
New Delhi, India